Fourpath Capital Management LLC Has $226,000 Position in Vodafone Group PLC $VOD

Fourpath Capital Management LLC boosted its holdings in Vodafone Group PLC (NASDAQ:VOD) by 4.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 21,225 shares of the cell phone carrier’s stock after acquiring an additional 940 shares during the quarter. Fourpath Capital Management LLC’s holdings in Vodafone Group were worth $226,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Signaturefd LLC lifted its holdings in Vodafone Group by 1.6% in the second quarter. Signaturefd LLC now owns 77,232 shares of the cell phone carrier’s stock valued at $823,000 after buying an additional 1,210 shares during the period. Hazlett Burt & Watson Inc. lifted its holdings in Vodafone Group by 65.5% in the first quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier’s stock valued at $30,000 after buying an additional 1,250 shares during the period. Brucke Financial Inc. lifted its holdings in Vodafone Group by 9.8% in the first quarter. Brucke Financial Inc. now owns 14,700 shares of the cell phone carrier’s stock valued at $143,000 after buying an additional 1,308 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in Vodafone Group by 1.5% in the first quarter. Kovitz Investment Group Partners LLC now owns 92,068 shares of the cell phone carrier’s stock valued at $863,000 after buying an additional 1,318 shares during the period. Finally, Allworth Financial LP lifted its holdings in Vodafone Group by 4.9% in the first quarter. Allworth Financial LP now owns 28,435 shares of the cell phone carrier’s stock valued at $265,000 after buying an additional 1,332 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Stock Up 0.2%

Shares of VOD stock opened at $11.30 on Friday. The firm has a fifty day moving average of $11.59 and a 200-day moving average of $10.54. The company has a quick ratio of 1.23, a current ratio of 1.26 and a debt-to-equity ratio of 0.85. Vodafone Group PLC has a 12-month low of $8.00 and a 12-month high of $12.06. The company has a market capitalization of $27.11 billion, a price-to-earnings ratio of 9.91, a P/E/G ratio of 0.54 and a beta of 0.62.

Wall Street Analysts Forecast Growth

VOD has been the subject of several recent analyst reports. Zacks Research raised shares of Vodafone Group to a “hold” rating in a research note on Tuesday, August 12th. Morgan Stanley initiated coverage on shares of Vodafone Group in a research note on Wednesday, July 2nd. They issued an “equal weight” rating for the company. The Goldman Sachs Group downgraded shares of Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 target price for the company. in a research note on Thursday, July 31st. Berenberg Bank raised shares of Vodafone Group to a “hold” rating in a research note on Thursday, June 26th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Vodafone Group in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $136.00.

Vodafone Group 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.