Strategic Financial Concepts LLC Acquires 10,385 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Strategic Financial Concepts LLC increased its position in Vodafone Group Public Limited (NASDAQ:VOD) by 101.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 20,660 shares of the cell phone carrier’s stock after acquiring an additional 10,385 shares during the quarter. Strategic Financial Concepts LLC’s holdings in Vodafone Group Public were worth $180,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Marshall Wace LLP boosted its stake in Vodafone Group Public by 650.4% in the second quarter. Marshall Wace LLP now owns 3,701,481 shares of the cell phone carrier’s stock worth $34,979,000 after buying an additional 3,208,218 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Vodafone Group Public by 141.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,012,386 shares of the cell phone carrier’s stock valued at $66,686,000 after purchasing an additional 2,350,386 shares during the period. Morgan Stanley boosted its stake in shares of Vodafone Group Public by 17.5% during the third quarter. Morgan Stanley now owns 12,202,596 shares of the cell phone carrier’s stock valued at $115,681,000 after purchasing an additional 1,816,211 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Vodafone Group Public by 73.0% during the third quarter. Envestnet Asset Management Inc. now owns 4,039,166 shares of the cell phone carrier’s stock valued at $38,291,000 after purchasing an additional 1,704,002 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Vodafone Group Public by 5.7% during the first quarter. Renaissance Technologies LLC now owns 27,537,932 shares of the cell phone carrier’s stock valued at $457,680,000 after purchasing an additional 1,487,100 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

VOD has been the subject of a number of research reports. BNP Paribas downgraded Vodafone Group Public from a “neutral” rating to an “underperform” rating in a report on Thursday, December 7th. StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Monday, February 12th.

Vodafone Group Public Price Performance

VOD traded up $0.07 during trading hours on Friday, reaching $8.90. 6,687,586 shares of the company’s stock traded hands, compared to its average volume of 10,963,771. Vodafone Group Public Limited has a 52-week low of $8.02 and a 52-week high of $12.07. The firm has a 50-day moving average price of $8.67 and a 200 day moving average price of $9.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.89 and a quick ratio of 0.86.

Vodafone Group Public 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.