Lester Murray Antman dba SimplyRich Invests in Vodafone Group

Lester Murray Antman, operating under the name SimplyRich, has made a significant investment in Vodafone Group Public Limited (NASDAQ:VOD), as reported in its latest Form 13F filing with the SEC. In the fourth quarter, SimplyRich acquired a total of 34,768 shares of the well-known mobile telecommunications company, with the investment amounting to approximately $295,000.

In addition to SimplyRich's investment, other major investors have also recently adjusted their stakes in Vodafone Group. For instance, during the third quarter, Trust Co. of Vermont significantly increased its ownership by 1,493.2%, acquiring an additional 4,405 shares, which brought its total to 4,700 shares valued at around $47,000. Another institutional investor, CENTRAL TRUST Co, raised its holdings by 37.8%, now owning 5,516 shares worth about $55,000 after purchasing an extra 1,513 shares. Meanwhile, GAMMA Investing LLC expanded its position in Vodafone by 79.9%, holding 7,023 shares valued at $70,000 following a purchase of 3,120 shares.

Moreover, Point72 Asia Singapore Pte. Ltd. increased its stake by 627.3% during the third quarter, now owning 9,651 shares valued at $97,000 after buying 8,324 additional shares. Sequoia Financial Advisors LLC also entered into Vodafone’s stock by acquiring a new stake, which is estimated to be worth around $101,000. These shifts indicate a growing interest among institutional investors, who collectively own about 7.84% of Vodafone Group's shares.

Analyst Ratings Overview

In recent analyst updates, The Goldman Sachs Group has downgraded Vodafone Group from a 'buy' to a 'neutral' rating in a note released on December 9. At present, two analysts suggest holding the stock, two recommend buying, and one has given it a strong buy rating. Based on data from MarketBeat, Vodafone Group currently holds a consensus rating of 'Moderate Buy'.

Current Stock Performance

As of Wednesday, the stock opened at $8.50. Vodafone reports a debt-to-equity ratio of 0.78, with a current ratio of 1.37 and a quick ratio of 1.34. The company's 50-day simple moving average is noted at $8.51, while its 200-day simple moving average stands at $9.17. Over the past year, Vodafone Group Limited recorded a low share price of $8.00 and a high of $10.39.

About Vodafone Group Public Limited

Vodafone Group Public Limited Company provides a range of telecommunication services across Europe and beyond. Their offerings include mobile connectivity for voice and data, messaging, and device management, alongside fixed line connectivity which covers broadband, fixed voice, and data services. The company also provides professional consulting services and financial and business solutions to customers worldwide.

investment, Vodafone, stocks