Geode Capital Management LLC Has $12.14 Million Position in Vodafone Group Plc (VOD)

Geode Capital Management LLC boosted its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 6.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 380,533 shares of the cell phone carrier’s stock after purchasing an additional 23,374 shares during the period. Geode Capital Management LLC’s holdings in Vodafone Group were worth $12,139,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Proficio Capital Partners LLC increased its position in Vodafone Group by 60.9% during the 4th quarter. Proficio Capital Partners LLC now owns 4,641 shares of the cell phone carrier’s stock valued at $148,000 after buying an additional 1,757 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new position in Vodafone Group during the 3rd quarter valued at approximately $151,000. Global Trust Asset Management LLC bought a new position in Vodafone Group during the 4th quarter valued at approximately $171,000. Bank of Nova Scotia Trust Co. bought a new position in Vodafone Group during the 3rd quarter valued at approximately $172,000. Finally, KCS Wealth Advisory bought a new position in Vodafone Group during the 4th quarter valued at approximately $213,000. 10.92% of the stock is owned by institutional investors.

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VOD has been the topic of several recent analyst reports. Barclays upgraded Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. BidaskClub upgraded Vodafone Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. Raymond James Financial upgraded Vodafone Group from a “market perform” rating to a “strong-buy” rating in a research note on Wednesday, January 17th. Zacks Investment Research downgraded Vodafone Group from a “buy” rating to a “hold” rating in a research note on Sunday, January 21st. Finally, Numis Securities upgraded Vodafone Group from an “add” rating to a “buy” rating in a research note on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $31.76.

VOD stock opened at $28.82 on Friday. The firm has a market capitalization of $75,515.03, a PE ratio of 32.38, a PEG ratio of 1.92 and a beta of 0.83. Vodafone Group Plc has a 1 year low of $25.54 and a 1 year high of $32.75. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46.

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Vodafone Group Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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