Ingalls & Snyder LLC Takes $121,000 Position in Vodafone Group Public Limited (NASDAQ:VOD)

Ingalls & Snyder LLC acquired a new stake in Vodafone Group Public Limited (NASDAQ:VOD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,238 shares of the cell phone carrier’s stock, valued at approximately $121,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Stifel Financial Corp increased its stake in shares of Vodafone Group Public by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after purchasing an additional 201,360 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Vodafone Group Public by 1,119.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after purchasing an additional 864,924 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Vodafone Group Public in the 3rd quarter valued at about $7,482,000. Goldentree Asset Management LP increased its stake in shares of Vodafone Group Public by 1.9% in the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after purchasing an additional 60,943 shares in the last quarter. Finally, Lester Murray Antman dba SimplyRich purchased a new position in shares of Vodafone Group Public in the 4th quarter valued at about $295,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Price Performance

NASDAQ:VOD opened at $8.36 on Friday. Vodafone Group Public Limited has a 12 month low of $8.00 and a 12 month high of $10.39. The stock has a 50 day moving average of $8.48 and a two-hundred day moving average of $9.15. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Vodafone Group Public has an average rating of “Moderate Buy”.

About Vodafone Group Public

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.