253,403 Shares in Vodafone Group Public Limited (NASDAQ:VOD) Purchased by Capital Wealth Planning LLC

Capital Wealth Planning LLC bought a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 253,403 shares of the cell phone carrier’s stock, valued at approximately $2,248,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Vodafone Group Public by 116.7% during the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after purchasing an additional 2,102 shares during the period. Asset Dedication LLC lifted its holdings in Vodafone Group Public by 630.9% in the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after acquiring an additional 4,000 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in Vodafone Group Public in the first quarter valued at approximately $46,000. Hexagon Capital Partners LLC lifted its holdings in Vodafone Group Public by 230.9% in the first quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock valued at $48,000 after acquiring an additional 3,775 shares during the period. Finally, Rothschild Investment LLC acquired a new position in Vodafone Group Public in the second quarter valued at approximately $49,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Up 1.4 %

Shares of VOD opened at $10.17 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. Vodafone Group Public Limited has a one year low of $8.02 and a one year high of $10.29. The stock has a 50 day moving average price of $9.48 and a 200 day moving average price of $9.10.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VOD. New Street Research raised Vodafone Group Public to a “strong-buy” rating in a report on Monday, July 8th. UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft started coverage on Vodafone Group Public in a research report on Thursday, June 20th. They issued a “buy” rating for the company. Finally, StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $14.45.

About Vodafone Group Public

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.