Vodafone Group PLC $VOD Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. boosted its holdings in Vodafone Group PLC (NASDAQ:VOD) by 64.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 141,977 shares of the cell phone carrier’s stock after buying an additional 55,854 shares during the period. Vise Technologies Inc.’s holdings in Vodafone Group were worth $2,293,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Western Wealth Management LLC acquired a new stake in shares of Vodafone Group in the first quarter worth $34,000. Assetmark Inc. raised its stake in Vodafone Group by 31.5% during the 1st quarter. Assetmark Inc. now owns 2,992 shares of the cell phone carrier’s stock valued at $45,000 after purchasing an additional 717 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Vodafone Group during the 2nd quarter valued at $45,000. Evergreen Advisors LLC bought a new stake in Vodafone Group in the 1st quarter valued at $54,000. Finally, Mather Group LLC. boosted its holdings in Vodafone Group by 3,293.3% in the 3rd quarter. Mather Group LLC. now owns 4,072 shares of the cell phone carrier’s stock valued at $66,000 after purchasing an additional 3,952 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. DZ Bank restated a “neutral” rating on shares of Vodafone Group in a research report on Monday, August 17th. New Street Research raised shares of Vodafone Group from a “neutral” rating to a “buy” rating in a research report on Friday, July 10th. Barclays cut shares of Vodafone Group from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, October 20th. Weiss Ratings downgraded Vodafone Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 30th. Finally, Morningstar lowered Vodafone Group to a “hold” rating in a research note on Thursday, July 30th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Vodafone Group presently has an average rating of “Hold” and a consensus price target of $13.13.

Vodafone Group Stock Down 2.0%

Shares of VOD stock opened at $15.95 on Friday. Vodafone Group PLC has a one year low of $11.22 and a one year high of $17.71. The stock has a fifty day moving average price of $16.35 and a 200 day moving average price of $15.41. The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 0.84.

Vodafone Group Company Profile

Vodafone Group Plc is a telecommunications company headquartered in Newbury, England. It provides mobile and fixed-line connectivity, broadband, voice and messaging services, digital communications, and related technology solutions to consumers, businesses, and public-sector organizations.

The company operates primarily across Europe and Africa. Its consumer businesses offer mobile plans, home broadband, television and other digital services, while Vodafone Business provides connectivity, cloud, cybersecurity, Internet of Things, unified communications, and managed technology services.