Advisor Partners LLC Invests $223,000 in Vodafone Group Plc (NASDAQ:VOD)

Advisor Partners LLC bought a new position in Vodafone Group Plc (NASDAQ:VOD) during the third quarter, HoldingsChannel.com reports. The fund bought 11,219 shares of the cell phone carrier’s stock, valued at approximately $223,000.

Several other institutional investors have also bought and sold shares of the company. Coastal Capital Group Inc. purchased a new position in shares of Vodafone Group during the 2nd quarter worth about $25,000. Motco boosted its stake in shares of Vodafone Group by 76.9% during the 2nd quarter. Motco now owns 1,682 shares of the cell phone carrier’s stock worth $27,000 after purchasing an additional 731 shares during the period. Asset Dedication LLC boosted its stake in shares of Vodafone Group by 72.3% during the 2nd quarter. Asset Dedication LLC now owns 1,923 shares of the cell phone carrier’s stock worth $31,000 after purchasing an additional 807 shares during the period. Lenox Wealth Advisors LLC purchased a new position in shares of Vodafone Group during the 3rd quarter worth about $33,000. Finally, Rational Advisors LLC boosted its stake in shares of Vodafone Group by 4,686.7% during the 2nd quarter. Rational Advisors LLC now owns 2,154 shares of the cell phone carrier’s stock worth $35,000 after purchasing an additional 2,109 shares during the period. Hedge funds and other institutional investors own 7.95% of the company’s stock.

A number of research firms recently commented on VOD. Exane BNP Paribas raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a research note on Wednesday, September 11th. Zacks Investment Research reaffirmed a “buy” rating and set a $23.00 price target on shares of Vodafone Group in a research note on Saturday. Morgan Stanley began coverage on shares of Vodafone Group in a research note on Wednesday, August 7th. They set an “overweight” rating for the company. Bank of America reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Thursday, August 1st. Finally, Argus lifted their price target on shares of Vodafone Group to $23.00 and gave the stock a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $74.25.

Vodafone Group stock opened at $20.73 on Wednesday. The stock has a market cap of $55.17 billion, a price-to-earnings ratio of 34.55, a price-to-earnings-growth ratio of 1.30 and a beta of 0.80. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.55 and a quick ratio of 1.52. Vodafone Group Plc has a 1 year low of $15.53 and a 1 year high of $21.73. The firm has a 50-day moving average of $19.80 and a two-hundred day moving average of $17.91.

About Vodafone Group

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

Read More: After-Hours Trading

Want to see what other hedge funds are holding VOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vodafone Group Plc (NASDAQ:VOD).

Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.