Arkadios Wealth Advisors Buys Shares of 25,823 Vodafone Group Public Limited (NASDAQ:VOD)

Arkadios Wealth Advisors purchased a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,823 shares of the cell phone carrier’s stock, valued at approximately $259,000.

Several other institutional investors have also recently made changes to their positions in VOD. Allspring Global Investments Holdings LLC bought a new position in shares of Vodafone Group Public during the first quarter valued at approximately $46,000. Private Advisor Group LLC boosted its position in Vodafone Group Public by 24.0% during the 1st quarter. Private Advisor Group LLC now owns 48,764 shares of the cell phone carrier’s stock valued at $434,000 after acquiring an additional 9,440 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Vodafone Group Public by 44.3% during the 1st quarter. BNP Paribas Financial Markets now owns 417,804 shares of the cell phone carrier’s stock valued at $3,718,000 after acquiring an additional 128,261 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Vodafone Group Public by 15.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 926,590 shares of the cell phone carrier’s stock valued at $8,247,000 after acquiring an additional 126,761 shares in the last quarter. Finally, Fidelis Capital Partners LLC boosted its position in Vodafone Group Public by 141.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 26,824 shares of the cell phone carrier’s stock valued at $239,000 after acquiring an additional 15,705 shares in the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Trading Down 1.3 %

Vodafone Group Public stock opened at $9.27 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. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39. The business has a fifty day moving average price of $9.82 and a 200-day moving average price of $9.33.

Analysts Set New Price Targets

Several brokerages have issued reports on VOD. UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. Finally, New Street Research raised Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Vodafone Group Public presently has a consensus rating of “Moderate Buy”.

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.