Waterfront Wealth Inc. Purchases 19,540 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Waterfront Wealth Inc. boosted its position in Vodafone Group Public Limited (NASDAQ:VOD) by 16.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 141,981 shares of the cell phone carrier’s stock after purchasing an additional 19,540 shares during the period. Waterfront Wealth Inc.’s holdings in Vodafone Group Public were worth $1,235,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new position in shares of Vodafone Group Public during the 2nd quarter valued at approximately $26,000. Altshuler Shaham Ltd purchased a new stake in shares of Vodafone Group Public during the 4th quarter valued at approximately $40,000. NBC Securities Inc. purchased a new stake in shares of Vodafone Group Public during the 3rd quarter valued at approximately $40,000. Money Concepts Capital Corp lifted its stake in shares of Vodafone Group Public by 47.0% during the 4th quarter. Money Concepts Capital Corp now owns 4,668 shares of the cell phone carrier’s stock valued at $47,000 after buying an additional 1,493 shares in the last quarter. Finally, Anchor Investment Management LLC purchased a new stake in shares of Vodafone Group Public during the 4th quarter valued at approximately $44,000. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Trading Up 1.1 %

Vodafone Group Public stock traded up $0.09 during trading hours on Wednesday, reaching $8.28. The stock had a trading volume of 4,174,080 shares, compared to its average volume of 8,342,313. Vodafone Group Public Limited has a 52 week low of $8.02 and a 52 week high of $12.07. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.89 and a quick ratio of 0.86. The company has a fifty day simple moving average of $8.63 and a 200-day simple moving average of $8.87.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, February 12th.

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.