Turtle Creek Wealth Advisors LLC Has $453,000 Holdings in Vodafone Group PLC $VOD

Turtle Creek Wealth Advisors LLC boosted its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 6.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,537 shares of the cell phone carrier’s stock after buying an additional 2,625 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Vodafone Group were worth $453,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ritholtz Wealth Management raised its holdings in Vodafone Group by 50.5% during the 2nd quarter. Ritholtz Wealth Management now owns 548,364 shares of the cell phone carrier’s stock worth $5,846,000 after buying an additional 184,022 shares during the period. Naviter Wealth LLC acquired a new stake in Vodafone Group during the 2nd quarter worth about $294,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Vodafone Group by 14.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 12,284 shares of the cell phone carrier’s stock valued at $131,000 after purchasing an additional 1,533 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of Vodafone Group by 197.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 39,838 shares of the cell phone carrier’s stock valued at $425,000 after purchasing an additional 26,466 shares during the period. Finally, Yousif Capital Management LLC increased its holdings in shares of Vodafone Group by 6.9% in the 2nd quarter. Yousif Capital Management LLC now owns 29,519 shares of the cell phone carrier’s stock valued at $315,000 after purchasing an additional 1,905 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on VOD shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Vodafone Group in a report on Wednesday, October 8th. Zacks Research upgraded Vodafone Group to a “hold” rating in a report on Tuesday, August 12th. Berenberg Bank upgraded Vodafone Group to a “hold” rating in a report on Thursday, June 26th. Morgan Stanley started coverage on Vodafone Group in a report on Wednesday, July 2nd. They issued an “equal weight” rating on the stock. Finally, The Goldman Sachs Group downgraded Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 target price on the stock. in a report on Thursday, July 31st. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Vodafone Group currently has an average rating of “Reduce” and a consensus price target of $136.00.

Vodafone Group Trading Up 0.7%

NASDAQ:VOD opened at $11.48 on Friday. The stock’s 50 day moving average price is $11.60 and its 200 day moving average price is $10.59. Vodafone Group PLC has a 52 week low of $8.00 and a 52 week high of $12.06. The company has a market capitalization of $27.54 billion, a P/E ratio of 10.07, a P/E/G ratio of 0.54 and a beta of 0.62. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.23 and a current ratio of 1.26.

About Vodafone Group

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.