Profund Advisors LLC Acquires 1,350 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Profund Advisors LLC raised its holdings in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,497 shares of the cell phone carrier’s stock after buying an additional 1,350 shares during the period. Profund Advisors LLC’s holdings in Vodafone Group Public were worth $412,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Corient Private Wealth LLC lifted its position in shares of Vodafone Group Public by 71.2% during the 4th quarter. Corient Private Wealth LLC now owns 94,616 shares of the cell phone carrier’s stock valued at $823,000 after buying an additional 39,355 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Vodafone Group Public by 2.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 181,243 shares of the cell phone carrier’s stock worth $1,577,000 after purchasing an additional 5,101 shares in the last quarter. Commerce Bank raised its position in shares of Vodafone Group Public by 81.3% during the 4th quarter. Commerce Bank now owns 28,096 shares of the cell phone carrier’s stock valued at $244,000 after purchasing an additional 12,600 shares during the period. Advisory Services Network LLC boosted its holdings in Vodafone Group Public by 22.8% in the 4th quarter. Advisory Services Network LLC now owns 19,413 shares of the cell phone carrier’s stock worth $169,000 after buying an additional 3,598 shares during the period. Finally, Stifel Financial Corp increased its stake in Vodafone Group Public by 23.6% in the 4th quarter. Stifel Financial Corp now owns 532,381 shares of the cell phone carrier’s stock worth $4,632,000 after buying an additional 101,553 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Vodafone Group Public Stock Down 0.2 %

Shares of VOD opened at $10.04 on Friday. The business’s 50 day simple moving average is $9.64 and its 200-day simple moving average is $9.16. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year high of $10.39. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79.

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.