69,973 Shares in Vodafone Group PLC $VOD Bought by Compass Wealth Management LLC

Compass Wealth Management LLC purchased a new stake in Vodafone Group PLC (NASDAQ:VOD) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 69,973 shares of the cell phone carrier’s stock, valued at approximately $812,000.

A number of other large investors have also recently made changes to their positions in VOD. Tevis Investment Management increased its stake in Vodafone Group by 23.0% in the second quarter. Tevis Investment Management now owns 180,148 shares of the cell phone carrier’s stock valued at $1,966,000 after purchasing an additional 33,701 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Vodafone Group by 22.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 27,680,971 shares of the cell phone carrier’s stock valued at $295,079,000 after buying an additional 5,160,095 shares in the last quarter. Dupree Financial Group LLC purchased a new position in shares of Vodafone Group in the 3rd quarter valued at $3,097,000. Y Intercept Hong Kong Ltd raised its stake in Vodafone Group by 274.6% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 193,827 shares of the cell phone carrier’s stock worth $2,248,000 after acquiring an additional 142,086 shares in the last quarter. Finally, Icon Advisers Inc. Co. lifted its position in Vodafone Group by 17.8% in the second quarter. Icon Advisers Inc. Co. now owns 519,731 shares of the cell phone carrier’s stock valued at $5,540,000 after acquiring an additional 78,474 shares during the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Trading Up 0.8%

Shares of VOD stock opened at $15.65 on Friday. Vodafone Group PLC has a 1-year low of $8.05 and a 1-year high of $15.90. The company has a quick ratio of 1.13, a current ratio of 1.17 and a debt-to-equity ratio of 0.78. The business’s fifty day moving average price is $14.06 and its 200 day moving average price is $12.58.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on VOD shares. UBS Group reiterated a “sell” rating on shares of Vodafone Group in a research report on Monday, November 3rd. Berenberg Bank raised Vodafone Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Wall Street Zen cut Vodafone Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Barclays raised shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Finally, Zacks Research upgraded shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $72.00.

Vodafone Group Profile

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.