Scientech Research LLC Buys New Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Scientech Research LLC bought a new stake in Vodafone Group Public Limited (NASDAQ:VOD) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 62,440 shares of the cell phone carrier’s stock, valued at approximately $554,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. ACR Alpine Capital Research LLC boosted its stake in Vodafone Group Public by 1.2% during the second quarter. ACR Alpine Capital Research LLC now owns 21,870,016 shares of the cell phone carrier’s stock worth $193,987,000 after buying an additional 261,060 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in Vodafone Group Public by 9.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 4,984,642 shares of the cell phone carrier’s stock worth $44,214,000 after buying an additional 435,877 shares during the period. Bank of Montreal Can boosted its stake in Vodafone Group Public by 445.7% during the second quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock worth $34,055,000 after buying an additional 3,107,734 shares during the period. First Trust Advisors LP boosted its stake in Vodafone Group Public by 0.4% during the fourth quarter. First Trust Advisors LP now owns 3,301,869 shares of the cell phone carrier’s stock worth $28,726,000 after buying an additional 12,826 shares during the period. Finally, Hsbc Holdings PLC boosted its stake in Vodafone Group Public by 345.2% during the second quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock worth $26,786,000 after buying an additional 2,346,815 shares during the period. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Up 0.5 %

Shares of VOD opened at $10.09 on Friday. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.39. The firm has a fifty 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 current ratio of 1.31 and a quick ratio of 1.29.

Analysts Set New Price Targets

Several research analysts have commented on the stock. New Street Research raised shares of Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th. UBS Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note 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. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Vodafone Group Public in a research note on Thursday, June 20th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Vodafone Group Public has an average rating of “Moderate Buy” and a consensus price target of $14.45.

About Vodafone Group Public

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.