5 Best Stocks Under $20 According to Jim Simons’ Renaissance Technologies

2. Vodafone Group Public Limited Company (NASDAQ:VOD)

Renaissance Technologies’ Stake Value: $388 million

Percentage of Renaissance Technologies’ 13F Portfolio: 0.48%

Number of Hedge Fund Holders: 17

Share Price as of December 12: $17.13

Vodafone Group Public Limited Company (NASDAQ:VOD) is a telecommunications service provider that is headquartered in the United Kingdom. The company provides mobile network coverage, broadband, television coverage, insurance, internet of things (IoT) products, and insurance.

Vodafone Group Public Limited Company (NASDAQ:VOD) reported €22.5 billion in revenue and €0.049 in non-GAAP EPS for its H1 2021, beating analyst revenue estimates. During the quarter, its revenue was driven by growth in Europe and Africa and post pandemic recovery. UBS lowered the company’s share price target to GBp 147 from GBp 157 in April 2022.

Renaissance Technologies had a $388 million stake in Vodafone Group Public Limited Company (NASDAQ:VOD) for its fourth quarter of 2021 holdings. This stake came through the investment firm holding 26 million shares. Insider Monkey’s Q4 2021 hedge fund analysis outlined that 17 out of 924 funds had also held a stake in the company.

Vodafone Group Public Limited Company (NASDAQ:VOD)’s largest investor after Renaissance is Steven Tananbaum’s GoldenTree Asset Management which owns 4.2 million shares worth $63 million.