Vodafone Group Plc (VOD) Shares Bought by Gradient Investments LLC

Gradient Investments LLC raised its holdings in Vodafone Group Plc (NASDAQ:VOD) by 15.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 96,056 shares of the cell phone carrier’s stock after buying an additional 12,558 shares during the quarter. Gradient Investments LLC’s holdings in Vodafone Group were worth $2,084,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VOD. Bessemer Group Inc. grew its holdings in Vodafone Group by 149.8% in the 2nd quarter. Bessemer Group Inc. now owns 5,321 shares of the cell phone carrier’s stock valued at $129,000 after buying an additional 3,191 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Vodafone Group by 722.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,462 shares of the cell phone carrier’s stock valued at $133,000 after buying an additional 4,798 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Vodafone Group in the 2nd quarter valued at approximately $143,000. NumerixS Investment Technologies Inc acquired a new stake in Vodafone Group in the 2nd quarter valued at approximately $153,000. Finally, Sterling Capital Management LLC acquired a new stake in Vodafone Group in the 2nd quarter valued at approximately $207,000. 10.07% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have issued reports on VOD. BidaskClub raised Vodafone Group from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 31st. UBS Group reaffirmed a “buy” rating on shares of Vodafone Group in a report on Tuesday, August 7th. Standpoint Research raised Vodafone Group from a “reduce” rating to a “buy” rating in a report on Tuesday, September 11th. Zacks Investment Research lowered Vodafone Group from a “hold” rating to a “sell” rating in a report on Thursday, September 20th. Finally, ValuEngine lowered Vodafone Group from a “hold” rating to a “sell” rating in a report on Monday, June 18th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $33.36.

Shares of NASDAQ:VOD opened at $19.99 on Friday. Vodafone Group Plc has a 1-year low of $19.78 and a 1-year high of $32.75. The company has a market cap of $57.88 billion, a PE ratio of 14.70, a PEG ratio of 1.72 and a beta of 0.80. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48.

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.

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

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