Sanctuary Advisors LLC Acquires New Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Sanctuary Advisors LLC acquired a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 48,753 shares of the cell phone carrier’s stock, valued at approximately $420,000.

A number of other hedge funds also recently bought and sold shares of the company. HighPoint Advisor Group LLC bought a new stake in Vodafone Group Public during the fourth quarter valued at about $163,000. CWM LLC grew its holdings in Vodafone Group Public by 24.8% during the first quarter. CWM LLC now owns 32,810 shares of the cell phone carrier’s stock valued at $292,000 after purchasing an additional 6,510 shares during the period. Alaska Permanent Fund Corp bought a new stake in Vodafone Group Public during the first quarter valued at about $143,000. Park Avenue Securities LLC grew its holdings in Vodafone Group Public by 10.7% during the first quarter. Park Avenue Securities LLC now owns 25,450 shares of the cell phone carrier’s stock valued at $227,000 after purchasing an additional 2,453 shares during the period. Finally, Aprio Wealth Management LLC grew its holdings in Vodafone Group Public by 140.6% during the first quarter. Aprio Wealth Management LLC now owns 24,117 shares of the cell phone carrier’s stock valued at $215,000 after purchasing an additional 14,093 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Wall Street Analysts Forecast Growth

VOD has been the subject of several recent research reports. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft began coverage on Vodafone Group Public in a report on Thursday, June 20th. They set a “buy” rating for the company. New Street Research raised Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th. Finally, UBS Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

NASDAQ VOD opened at $9.85 on Thursday. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. The business has a 50-day moving average price of $9.82 and a 200-day moving average price of $9.27. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.39.

Vodafone Group Public 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.