LPL Financial LLC lifted its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 20.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 376,471 shares of the cell phone carrier’s stock after buying an additional 63,175 shares during the quarter. LPL Financial LLC’s holdings in Vodafone Group were worth $12,009,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of VOD. Truewealth LLC purchased a new stake in Vodafone Group in the 4th quarter valued at $142,000. Proficio Capital Partners LLC raised its position in Vodafone Group by 60.9% in the 4th quarter. Proficio Capital Partners LLC now owns 4,641 shares of the cell phone carrier’s stock valued at $148,000 after purchasing an additional 1,757 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in Vodafone Group in the 3rd quarter valued at $151,000. Global Trust Asset Management LLC purchased a new stake in Vodafone Group in the 4th quarter valued at $171,000. Finally, Bank of Nova Scotia Trust Co. purchased a new stake in Vodafone Group in the 3rd quarter valued at $172,000. Institutional investors and hedge funds own 10.91% of the company’s stock.
Vodafone Group Plc (VOD) opened at $28.28 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Vodafone Group Plc has a 12 month low of $25.54 and a 12 month high of $32.75.
Several research firms recently commented on VOD. ValuEngine upgraded shares of Vodafone Group from a “hold” rating to a “buy” rating in a research report on Thursday, March 15th. BNP Paribas upgraded shares of Vodafone Group from a “neutral” rating to an “outperform” rating and reduced their price target for the company from $28.67 to $28.56 in a research report on Wednesday, March 7th. BidaskClub downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Bank of America reiterated a “buy” rating and issued a $37.26 price target on shares of Vodafone Group in a research report on Monday, February 5th. Finally, Numis Securities upgraded shares of Vodafone Group from an “add” rating to a “buy” rating in a research report on Monday, February 5th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $32.36.
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Vodafone Group Profile
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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