Seven Eight Capital LP Invests $1.25 Million in Vodafone Group Public Limited (NASDAQ:VOD)

Seven Eight Capital LP purchased a new stake in Vodafone Group Public Limited (NASDAQ:VOD) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 141,183 shares of the cell phone carrier’s stock, valued at approximately $1,252,000.

Other large investors also recently added to or reduced their stakes in the company. Vicus Capital increased its stake in shares of Vodafone Group Public by 10.0% during the second quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock worth $112,000 after purchasing an additional 1,144 shares in the last quarter. Cohen Investment Advisors LLC increased its stake in Vodafone Group Public by 4.4% during the 2nd quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock worth $257,000 after buying an additional 1,148 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its position in shares of Vodafone Group Public by 10.6% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 13,356 shares of the cell phone carrier’s stock valued at $116,000 after acquiring an additional 1,277 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Vodafone Group Public by 14.4% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 10,723 shares of the cell phone carrier’s stock worth $95,000 after acquiring an additional 1,352 shares during the last quarter. Finally, Pacific Center for Financial Services raised its stake in Vodafone Group Public by 17.4% in the 1st quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier’s stock valued at $82,000 after purchasing an additional 1,361 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Stock Performance

Vodafone Group Public stock opened at $10.06 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29. The firm has a 50 day simple moving average of $9.56 and a 200-day simple moving average of $9.13. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VOD shares. UBS Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. Deutsche Bank Aktiengesellschaft began coverage on Vodafone Group Public in a research report on Thursday, June 20th. They issued a “buy” rating for the company. Finally, New Street Research raised Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.45.

Vodafone Group Public Company 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.