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

Capital Wealth Planning LLC bought a new stake in Vodafone Group Public Limited (NASDAQ:VOD) in the 2nd quarter, HoldingsChannel reports. The firm bought 253,403 shares of the cell phone carrier’s stock, valued at approximately $2,248,000.

Several other large investors also recently added to or reduced their stakes in the stock. Schulhoff & Co. Inc. purchased a new stake in Vodafone Group Public in the 2nd quarter valued at $235,000. Oppenheimer Asset Management Inc. grew its holdings in Vodafone Group Public by 9.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 4,984,642 shares of the cell phone carrier’s stock valued at $44,214,000 after buying an additional 435,877 shares in the last quarter. Wealthspire Advisors LLC grew its holdings in Vodafone Group Public by 7.7% in the 2nd quarter. Wealthspire Advisors LLC now owns 24,353 shares of the cell phone carrier’s stock valued at $223,000 after buying an additional 1,733 shares in the last quarter. D Orazio & Associates Inc. grew its holdings in Vodafone Group Public by 11.5% in the 2nd quarter. D Orazio & Associates Inc. now owns 13,870 shares of the cell phone carrier’s stock valued at $123,000 after buying an additional 1,429 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in Vodafone Group Public by 8.0% in the 2nd quarter. American Century Companies Inc. now owns 1,084,850 shares of the cell phone carrier’s stock valued at $9,623,000 after buying an additional 80,077 shares in the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Public Trading Up 1.4 %

VOD stock opened at $10.17 on Monday. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. The business’s 50-day moving average is $9.48 and its two-hundred day moving average is $9.10. Vodafone Group Public Limited has a 1 year low of $8.02 and a 1 year high of $10.29.

Analysts Set New Price Targets

VOD has been the topic of several recent analyst reports. UBS Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. New Street Research raised Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th. Deutsche Bank Aktiengesellschaft began coverage on Vodafone Group Public in a research note on Thursday, June 20th. They set a “buy” rating on the stock. Finally, StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $14.45.

Vodafone Group Public Company Profile

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.