XTX Topco Ltd Boosts Position in Vodafone Group PLC $VOD

XTX Topco Ltd increased its holdings in Vodafone Group PLC (NASDAQ:VOD) by 131.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,786 shares of the cell phone carrier’s stock after buying an additional 116,975 shares during the period. XTX Topco Ltd’s holdings in Vodafone Group were worth $2,194,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VOD. ACR Alpine Capital Research LLC lifted its holdings in shares of Vodafone Group by 0.7% in the second quarter. ACR Alpine Capital Research LLC now owns 25,866,761 shares of the cell phone carrier’s stock valued at $275,740,000 after purchasing an additional 169,833 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Vodafone Group by 116.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,076,148 shares of the cell phone carrier’s stock valued at $86,092,000 after buying an additional 4,352,389 shares in the last quarter. Royal Bank of Canada grew its holdings in Vodafone Group by 5.4% during the 1st quarter. Royal Bank of Canada now owns 3,117,008 shares of the cell phone carrier’s stock valued at $29,207,000 after buying an additional 159,985 shares during the last quarter. ABC Arbitrage SA raised its holdings in shares of Vodafone Group by 116.3% in the second quarter. ABC Arbitrage SA now owns 2,972,904 shares of the cell phone carrier’s stock worth $31,691,000 after acquiring an additional 1,598,700 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of Vodafone Group by 22.9% in the first quarter. Northern Trust Corp now owns 2,194,203 shares of the cell phone carrier’s stock valued at $20,560,000 after acquiring an additional 409,376 shares in the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Vodafone Group in a report on Wednesday, October 8th. Zacks Research cut shares of Vodafone Group from a “hold” rating to a “strong sell” rating in a research note on Friday, November 14th. BNP Paribas raised Vodafone Group to a “strong sell” rating in a research note on Tuesday, October 21st. The Goldman Sachs Group lowered Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 target price for the company. in a research note on Thursday, July 31st. Finally, BNP Paribas Exane started coverage on shares of Vodafone Group in a research report on Tuesday, October 21st. They issued an “underperform” rating and a $8.00 target price on the stock. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Sell” and an average price target of $72.00.

Vodafone Group Stock Up 2.1%

Shares of NASDAQ VOD opened at $12.48 on Thursday. Vodafone Group PLC has a 1 year low of $8.00 and a 1 year high of $12.72. The company has a quick ratio of 1.23, a current ratio of 1.26 and a debt-to-equity ratio of 0.85. The stock’s 50-day simple moving average is $11.68 and its 200-day simple moving average is $11.17.

Vodafone Group Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, November 24th will be issued a $0.2567 dividend. This represents a dividend yield of 434.0%. The ex-dividend date is Monday, November 24th.

Vodafone Group 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.