Generali Investments CEE investicni spolecnost a.s. Takes Position in Vodafone Group Public Limited (NASDAQ:VOD)

Generali Investments CEE investicni spolecnost a.s. bought a new stake in Vodafone Group Public Limited (NASDAQ:VOD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 289,500 shares of the cell phone carrier’s stock, valued at approximately $2,458,000.

A number of other large investors also recently modified their holdings of the stock. ACR Alpine Capital Research LLC lifted its holdings in shares of Vodafone Group Public by 0.4% in the fourth quarter. ACR Alpine Capital Research LLC now owns 22,006,311 shares of the cell phone carrier’s stock valued at $186,834,000 after purchasing an additional 97,636 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in Vodafone Group Public by 1.8% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,054,261 shares of the cell phone carrier’s stock worth $42,911,000 after acquiring an additional 91,010 shares during the period. Bank of Montreal Can lifted its holdings in Vodafone Group Public by 12.4% during the third quarter. Bank of Montreal Can now owns 4,277,581 shares of the cell phone carrier’s stock worth $43,161,000 after acquiring an additional 472,537 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock worth $33,632,000 after acquiring an additional 2,145,085 shares during the period. Finally, Goldentree Asset Management LP lifted its holdings in Vodafone Group Public by 1.9% during the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock worth $32,898,000 after acquiring an additional 60,943 shares during the period. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Performance

NASDAQ:VOD opened at $9.42 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The business has a fifty day simple moving average of $8.51 and a two-hundred day simple moving average of $9.08. Vodafone Group Public Limited has a 1 year low of $8.00 and a 1 year high of $10.39. The company has a market capitalization of $23.92 billion, a P/E ratio of 8.26, a P/E/G ratio of 0.66 and a beta of 0.75.

Wall Street Analysts Forecast Growth

VOD has been the topic of a number of recent analyst reports. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Vodafone Group Public Company Profile

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.