Townsquare Capital LLC Sells 2,479 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Townsquare Capital LLC reduced its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 5.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,952 shares of the cell phone carrier’s stock after selling 2,479 shares during the quarter. Townsquare Capital LLC’s holdings in Vodafone Group Public were worth $356,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. ACR Alpine Capital Research LLC boosted its holdings in Vodafone Group Public by 0.4% during the fourth quarter. ACR Alpine Capital Research LLC now owns 22,006,311 shares of the cell phone carrier’s stock worth $186,834,000 after purchasing an additional 97,636 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Vodafone Group Public by 18.1% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier’s stock worth $123,940,000 after acquiring an additional 2,238,935 shares during the period. Renaissance Technologies LLC increased its position in shares of Vodafone Group Public by 2.9% during the 4th quarter. Renaissance Technologies LLC now owns 9,027,376 shares of the cell phone carrier’s stock valued at $76,642,000 after purchasing an additional 255,623 shares during the last quarter. Bank of Montreal Can increased its holdings in Vodafone Group Public by 28.2% during the fourth quarter. Bank of Montreal Can now owns 5,483,837 shares of the cell phone carrier’s stock worth $46,558,000 after buying an additional 1,206,256 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Vodafone Group Public by 12.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,429,784 shares of the cell phone carrier’s stock valued at $46,099,000 after acquiring an additional 601,151 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Bank of America downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, March 24th. DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Finally, StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Vodafone Group Public Trading Down 0.9 %

Shares of Vodafone Group Public stock opened at $9.23 on Tuesday. The company’s 50-day moving average price is $8.99 and its 200-day moving average price is $8.90. The company has a market cap of $21.85 billion, a price-to-earnings ratio of 8.10, a PEG ratio of 0.66 and a beta of 0.58. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

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.