Kathmere Capital Management LLC Purchases 28,508 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Kathmere Capital Management LLC grew its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 148.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,698 shares of the cell phone carrier’s stock after buying an additional 28,508 shares during the quarter. Kathmere Capital Management LLC’s holdings in Vodafone Group Public were worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC raised its holdings in Vodafone Group Public by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after purchasing an additional 2,102 shares during the period. Asset Dedication LLC raised its holdings in Vodafone Group Public by 630.9% in the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after purchasing an additional 4,000 shares during the period. Allspring Global Investments Holdings LLC bought a new position in Vodafone Group Public in the 1st quarter worth $46,000. Hexagon Capital Partners LLC raised its holdings in Vodafone Group Public by 230.9% in the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock worth $48,000 after purchasing an additional 3,775 shares during the period. Finally, Rothschild Investment LLC bought a new position in Vodafone Group Public in the 2nd quarter worth $49,000. 7.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Vodafone Group Public Stock Performance

Shares of Vodafone Group Public stock opened at $10.09 on Friday. The business has a 50-day moving average price of $9.68 and a 200-day moving average price of $9.17. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.39.

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.