Vodafone Group PLC $VOD Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its holdings in shares of Vodafone Group PLC (NASDAQ:VOD) by 16.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,696 shares of the cell phone carrier’s stock after acquiring an additional 2,165 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Vodafone Group were worth $167,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in shares of Vodafone Group in the second quarter valued at about $25,000. Atwood & Palmer Inc. purchased a new position in Vodafone Group in the 2nd quarter worth approximately $27,000. Hazlett Burt & Watson Inc. boosted its holdings in Vodafone Group by 65.5% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 1,250 shares during the period. Wayfinding Financial LLC acquired a new position in shares of Vodafone Group during the first quarter worth $31,000. Finally, NBC Securities Inc. lifted its position in shares of Vodafone Group by 116,833.3% during the first quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier’s stock worth $32,000 after purchasing an additional 3,505 shares in the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on VOD. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Vodafone Group in a research note on Wednesday. The Goldman Sachs Group downgraded Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 target price for the company. in a research note on Thursday, July 31st. Zacks Research raised Vodafone Group to a “hold” rating in a report on Tuesday, August 12th. Morgan Stanley initiated coverage on Vodafone Group in a report on Wednesday, July 2nd. They issued an “equal weight” rating for the company. Finally, Berenberg Bank raised Vodafone Group to a “hold” rating in a research report on Thursday, June 26th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $136.00.

Vodafone Group Trading Up 0.2%

Shares of NASDAQ VOD opened at $11.30 on Friday. The stock’s 50 day moving average price is $11.59 and its two-hundred day moving average price is $10.54. Vodafone Group PLC has a 52-week low of $8.00 and a 52-week high of $12.06. The stock has a market capitalization of $27.11 billion, a P/E ratio of 9.91, a PEG ratio of 0.54 and a beta of 0.62. The company has a quick ratio of 1.23, a current ratio of 1.26 and a debt-to-equity ratio of 0.85.

Vodafone Group 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.