Euro Pacific Asset Management LLC lifted its holdings in shares of Vodafone Group PLC (NASDAQ:VOD – Free Report) by 45,047.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,018,174 shares of the cell phone carrier’s stock after buying an additional 7,002,629 shares during the quarter. Vodafone Group comprises 7.4% of Euro Pacific Asset Management LLC’s investment portfolio, making the stock its 2nd biggest position. Euro Pacific Asset Management LLC owned about 0.30% of Vodafone Group worth $113,344,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of VOD. HF Advisory Group LLC grew its stake in Vodafone Group by 6.0% in the 3rd quarter. HF Advisory Group LLC now owns 233,425 shares of the cell phone carrier’s stock valued at $3,770,000 after buying an additional 13,295 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Vodafone Group by 10.9% during the third quarter. GAMMA Investing LLC now owns 17,341 shares of the cell phone carrier’s stock worth $280,000 after acquiring an additional 1,699 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in shares of Vodafone Group by 7.7% during the third quarter. Valeo Financial Advisors LLC now owns 20,181 shares of the cell phone carrier’s stock worth $326,000 after acquiring an additional 1,435 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in shares of Vodafone Group by 14.1% in the second quarter. QRG Capital Management Inc. now owns 295,539 shares of the cell phone carrier’s stock worth $3,909,000 after acquiring an additional 36,529 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Vodafone Group by 5.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 11,671 shares of the cell phone carrier’s stock worth $154,000 after acquiring an additional 653 shares during the period. 7.84% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on VOD. New Street Research upgraded Vodafone Group from a “neutral” rating to a “buy” rating in a research note on Friday, July 10th. Zacks Research cut Vodafone Group from a “hold” rating to a “strong sell” rating in a report on Thursday, September 17th. Weiss Ratings upgraded Vodafone Group from a “sell (d+)” rating to a “hold (c)” rating in a research note on Thursday. Wall Street Zen lowered Vodafone Group from a “buy” rating to a “hold” rating in a report on Tuesday, September 22nd. Finally, The Goldman Sachs Group upgraded Vodafone Group from a “sell” rating to a “buy” rating in a research report on Friday, September 4th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $10.57.
Vodafone Group Stock Performance
NASDAQ:VOD traded up $0.17 during trading hours on Tuesday, hitting $15.56. The stock had a trading volume of 3,089,822 shares, compared to its average volume of 4,138,695. The company has a 50 day simple moving average of $16.44 and a two-hundred day simple moving average of $15.52. The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 0.84. Vodafone Group PLC has a one year low of $11.12 and a one year high of $17.71.
Vodafone Group Profile
Vodafone Group Plc is a telecommunications company headquartered in the United Kingdom. It provides mobile voice and data services, fixed-line broadband, digital television and related communications services to consumers and businesses.
The company also serves enterprise customers through Vodafone Business, offering connectivity, cloud and hosting services, cybersecurity, unified communications, and Internet of Things solutions. Vodafone’s operations and partnerships span several European markets and countries in Africa, with services delivered through mobile and fixed networks.
Vodafone traces its origins to the mobile telecommunications business of Racal Electronics and became an independent company in 1991.
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