Rhumbline Advisers Buys 4,015 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Rhumbline Advisers grew its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 19.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 24,549 shares of the cell phone carrier’s stock after acquiring an additional 4,015 shares during the period. Rhumbline Advisers’ holdings in Vodafone Group Public were worth $218,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

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

Vodafone Group Public Price Performance

VOD stock opened at $10.09 on Friday. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39. The business has a 50-day moving average price of $9.68 and a 200 day moving average price of $9.17. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

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.