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

Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the fourth quarter, HoldingsChannel reports. The fund acquired 289,500 shares of the cell phone carrier’s stock, valued at approximately $2,458,000.

A number of other hedge funds also recently bought and sold shares of VOD. Smartleaf Asset Management LLC lifted its holdings in shares of Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after acquiring an additional 1,899 shares during the last quarter. Parkside Financial Bank & Trust raised its position in Vodafone Group Public by 912.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after purchasing an additional 6,500 shares during the period. Kestra Investment Management LLC bought a new stake in Vodafone Group Public in the fourth quarter worth $90,000. Strategic Family Wealth Counselors L.L.C. purchased a new stake in Vodafone Group Public during the fourth quarter valued at about $92,000. Finally, Aigen Investment Management LP bought a new position in shares of Vodafone Group Public during the fourth quarter valued at about $93,000. Institutional investors own 7.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on VOD. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday. The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Finally, StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Wednesday. Two analysts have rated the stock with a hold rating, three 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 has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of NASDAQ:VOD opened at $9.42 on Friday. The company has a market cap of $23.92 billion, a price-to-earnings ratio of 8.26, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The company has a 50-day moving average price of $8.51 and a 200-day moving average price of $9.08. 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 Limited has a 12 month low of $8.00 and a 12 month high of $10.39.

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.