Traders Purchase Large Volume of Vodafone Group Public Call Options (NASDAQ:VOD)

Vodafone Group Public Limited (NASDAQ:VOD) saw unusually large options trading on Tuesday. Traders bought 18,757 call options on the company. This represents an increase of 101% compared to the average volume of 9,323 call options.

Vodafone Group Public Stock Performance

Shares of Vodafone Group Public stock opened at $9.36 on Thursday. Vodafone Group Public has a 52 week low of $8.00 and a 52 week high of $10.39. The company has a market capitalization of $22.16 billion, a PE ratio of 8.21, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The stock’s fifty day moving average is $8.81 and its two-hundred day moving average is $9.05. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Institutional Trading of Vodafone Group Public

Several institutional investors and hedge funds have recently modified their holdings of VOD. Natixis Advisors LLC grew its holdings in Vodafone Group Public by 46.0% during the 3rd quarter. Natixis Advisors LLC now owns 151,771 shares of the cell phone carrier’s stock worth $1,521,000 after acquiring an additional 47,788 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Vodafone Group Public by 46.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,639 shares of the cell phone carrier’s stock worth $1,580,000 after purchasing an additional 50,000 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of Vodafone Group Public by 9.5% during the third quarter. Advisors Asset Management Inc. now owns 111,808 shares of the cell phone carrier’s stock valued at $1,120,000 after purchasing an additional 9,714 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Vodafone Group Public by 25.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 157,023 shares of the cell phone carrier’s stock worth $1,573,000 after buying an additional 31,827 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in Vodafone Group Public by 1.3% during the third quarter. Citigroup Inc. now owns 1,658,345 shares of the cell phone carrier’s stock worth $16,617,000 after buying an additional 21,567 shares during the period. Institutional investors own 7.84% of the company’s stock.

Analyst Upgrades and Downgrades

VOD has been the topic of several recent research reports. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Bank of America cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday. Finally, StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About Vodafone Group Public

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.