Maven Securities LTD Takes Position in Vodafone Group Plc (VOD)
Maven Securities LTD acquired a new stake in Vodafone Group Plc (NASDAQ:VOD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 33,897 shares of the cell phone carrier’s stock, valued at approximately $671,000.
Several other hedge funds have also recently added to or reduced their stakes in VOD. Delek Group Ltd. lifted its stake in shares of Vodafone Group by 7.9% in the fourth quarter. Delek Group Ltd. now owns 681,000 shares of the cell phone carrier’s stock worth $13,768,000 after buying an additional 50,000 shares in the last quarter. Semmax Financial Advisors Inc. purchased a new position in shares of Vodafone Group during the fourth quarter valued at approximately $995,000. Brown Advisory Inc. raised its holdings in shares of Vodafone Group by 27.2% during the fourth quarter. Brown Advisory Inc. now owns 43,635 shares of the cell phone carrier’s stock valued at $841,000 after purchasing an additional 9,339 shares during the last quarter. Quinn Opportunity Partners LLC raised its holdings in shares of Vodafone Group by 57.5% during the fourth quarter. Quinn Opportunity Partners LLC now owns 63,000 shares of the cell phone carrier’s stock valued at $1,215,000 after purchasing an additional 23,000 shares during the last quarter. Finally, Natixis Advisors L.P. raised its holdings in shares of Vodafone Group by 111.4% during the fourth quarter. Natixis Advisors L.P. now owns 520,695 shares of the cell phone carrier’s stock valued at $10,039,000 after purchasing an additional 274,356 shares during the last quarter. Hedge funds and other institutional investors own 8.36% of the company’s stock.
Shares of NASDAQ:VOD traded up $0.15 during midday trading on Thursday, reaching $18.57. 72,573 shares of the company were exchanged, compared to its average volume of 5,059,936. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.27 and a current ratio of 1.30. Vodafone Group Plc has a one year low of $17.05 and a one year high of $30.20. The firm has a market cap of $49.13 billion, a price-to-earnings ratio of 13.66, a P/E/G ratio of 2.37 and a beta of 0.72.
Vodafone Group Profile
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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