Signaturefd LLC Purchases 29,842 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Signaturefd LLC boosted its position in Vodafone Group Public Limited (NASDAQ:VOD) by 67.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,131 shares of the cell phone carrier’s stock after purchasing an additional 29,842 shares during the quarter. Signaturefd LLC’s holdings in Vodafone Group Public were worth $658,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC acquired a new position in Vodafone Group Public in the 4th quarter valued at $88,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Vodafone Group Public during the 1st quarter worth $46,000. International Assets Investment Management LLC acquired a new position in shares of Vodafone Group Public during the 4th quarter worth $589,000. Stifel Financial Corp grew its position in Vodafone Group Public by 23.6% during the 4th quarter. Stifel Financial Corp now owns 532,381 shares of the cell phone carrier’s stock worth $4,632,000 after acquiring an additional 101,553 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Vodafone Group Public during the 1st quarter worth $1,151,000. 7.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft began coverage on Vodafone Group Public in a research report on Thursday, June 20th. They set a “buy” rating on the stock. UBS Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. Finally, StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Vodafone Group Public has a consensus rating of “Moderate Buy” and a consensus target price of $14.45.

Vodafone Group Public Stock Performance

Shares of VOD opened at $9.77 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $26.33 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 0.95 and a beta of 0.75. The stock has a 50 day moving average of $9.25 and a 200 day moving average of $8.98. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.19.

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.