Congress Wealth Management LLC DE Acquires 4,530 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Congress Wealth Management LLC DE increased its stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 3.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 152,824 shares of the cell phone carrier’s stock after buying an additional 4,530 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Vodafone Group Public were worth $1,297,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. ACR Alpine Capital Research LLC raised its stake in 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 shares of Vodafone Group Public by 1.8% during the 4th 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 boosted its position in shares of Vodafone Group Public by 12.4% during the 3rd 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 in the last quarter. JPMorgan Chase & Co. raised its position 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 valued at $33,632,000 after purchasing an additional 2,145,085 shares in the last quarter. Finally, Goldentree Asset Management LP boosted its holdings 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. 7.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on VOD. Bank of America cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday. StockNews.com cut shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Finally, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Four research 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Vodafone Group Public stock opened at $9.36 on Friday. The business has a 50 day moving average of $8.83 and a 200-day moving average of $9.05. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. 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 $22.16 billion, a P/E ratio of 8.21, a P/E/G ratio of 0.66 and a beta of 0.75.

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.