Eagle Asset Management Inc. Acquires 2,579 Shares of Vodafone Group Plc (NASDAQ:VOD)

Eagle Asset Management Inc. boosted its holdings in shares of Vodafone Group Plc (NASDAQ:VOD) by 9.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,302 shares of the cell phone carrier’s stock after acquiring an additional 2,579 shares during the quarter. Eagle Asset Management Inc.’s holdings in Vodafone Group were worth $519,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arkadios Wealth Advisors boosted its stake in shares of Vodafone Group by 391.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 2,045 shares of the cell phone carrier’s stock valued at $35,000 after purchasing an additional 1,629 shares during the last quarter. Harbour Investments Inc. bought a new stake in shares of Vodafone Group in the 1st quarter valued at $36,000. Stonebridge Capital Advisors LLC bought a new stake in shares of Vodafone Group in the 1st quarter valued at $37,000. Bbva USA bought a new stake in shares of Vodafone Group in the 2nd quarter valued at $40,000. Finally, Bessemer Group Inc. bought a new stake in shares of Vodafone Group in the 1st quarter valued at $41,000. 8.51% of the stock is currently owned by hedge funds and other institutional investors.

VOD has been the topic of several research analyst reports. Zacks Investment Research raised shares of Vodafone Group from a “strong sell” rating to a “hold” rating and set a $18.00 target price on the stock in a research note on Tuesday, September 21st. Morgan Stanley reissued an “overweight” rating on shares of Vodafone Group in a research note on Thursday, July 29th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Vodafone Group in a research note on Thursday, July 1st. Sanford C. Bernstein assumed coverage on shares of Vodafone Group in a research note on Tuesday, September 7th. They set an “outperform” rating on the stock. Finally, Barclays restated an “overweight” rating on shares of Vodafone Group in a report on Monday, July 26th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Vodafone Group currently has an average rating of “Buy” and an average price target of $17.34.

Shares of VOD stock opened at $15.85 on Friday. The firm has a 50-day moving average of $16.59 and a 200-day moving average of $17.81. The company has a market cap of $43.85 billion, a P/E ratio of 16.86, a P/E/G ratio of 4.42 and a beta of 0.99. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.96. Vodafone Group Plc has a one year low of $13.14 and a one year high of $20.36.

Vodafone Group Company Profile

Vodafone Group Plc engages in telecommunication services in Europe and internationally. The firms offers mobile services that enable customers to call, text and access data, fixed line services, including broadband, television (TV) offerings, and voice and convergence services under the GigaKombi and Vodafone One names to customers.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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