Vodafone Group PLC $VOD Shares Sold by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC lowered its position in Vodafone Group PLC (NASDAQ:VOD) by 4.0% in the second quarter, Holdings Channel.com reports. The firm owned 238,940 shares of the cell phone carrier’s stock after selling 10,000 shares during the quarter. Quinn Opportunity Partners LLC’s holdings in Vodafone Group were worth $2,547,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new position in Vodafone Group in the second quarter worth $25,000. Atwood & Palmer Inc. acquired a new stake in shares of Vodafone Group in the 2nd quarter worth approximately $27,000. Hazlett Burt & Watson Inc. boosted its position in Vodafone Group by 65.5% during the first quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier’s stock worth $30,000 after purchasing an additional 1,250 shares in the last quarter. GAMMA Investing LLC increased its holdings in Vodafone Group by 49.7% during the 2nd quarter. GAMMA Investing LLC now owns 6,632 shares of the cell phone carrier’s stock valued at $71,000 after acquiring an additional 2,201 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in Vodafone Group by 38.4% during the second quarter. Parallel Advisors LLC now owns 7,581 shares of the cell phone carrier’s stock worth $81,000 after acquiring an additional 2,105 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Analyst Ratings Changes

VOD has been the subject of several research reports. BNP Paribas Exane started coverage on Vodafone Group in a research report on Tuesday, October 21st. They set an “underperform” rating and a $8.00 price objective for the company. The Goldman Sachs Group lowered Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 price objective on the stock. in a research note on Thursday, July 31st. BNP Paribas upgraded shares of Vodafone Group to a “strong sell” rating in a report on Tuesday, October 21st. Wall Street Zen upgraded Vodafone Group from a “hold” rating to a “buy” rating in a research note on Saturday, October 25th. Finally, Zacks Research upgraded Vodafone Group to a “hold” rating in a report on Tuesday, August 12th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, Vodafone Group presently has an average rating of “Reduce” and a consensus price target of $72.00.

Vodafone Group Stock Performance

Shares of VOD stock opened at $12.67 on Wednesday. The company’s fifty day simple moving average is $11.59 and its 200-day simple moving average is $10.98. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.26 and a quick ratio of 1.23. Vodafone Group PLC has a 52 week low of $8.00 and a 52 week high of $12.72.

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.