Vodafone Group PLC $VOD Shares Sold by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC lessened its holdings in Vodafone Group PLC (NASDAQ:VOD) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 238,940 shares of the cell phone carrier’s stock after selling 10,000 shares during the period. Quinn Opportunity Partners LLC’s holdings in Vodafone Group were worth $2,547,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of VOD. Vise Technologies Inc. acquired a new stake in shares of Vodafone Group during the second quarter valued at about $595,000. Profund Advisors LLC lifted its position in shares of Vodafone Group by 3.6% during the second quarter. Profund Advisors LLC now owns 56,739 shares of the cell phone carrier’s stock worth $605,000 after purchasing an additional 1,961 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of Vodafone Group in the second quarter valued at approximately $212,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Vodafone Group by 365.8% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 555,400 shares of the cell phone carrier’s stock valued at $5,921,000 after purchasing an additional 436,176 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in Vodafone Group during the 2nd quarter worth approximately $236,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Zacks Research raised Vodafone Group to a “hold” rating in a research note on Tuesday, August 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Vodafone Group in a research note on Wednesday, October 8th. UBS Group reiterated a “sell” rating on shares of Vodafone Group in a report on Monday, November 3rd. The Goldman Sachs Group downgraded shares of Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 price objective on the stock. in a research report on Thursday, July 31st. Finally, Wall Street Zen raised shares of Vodafone Group from a “hold” rating to a “buy” rating in a research report on Saturday, October 25th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, Vodafone Group currently has an average rating of “Reduce” and an average target price of $72.00.

Vodafone Group Stock Performance

NASDAQ VOD opened at $12.67 on Wednesday. The company has a fifty day moving average of $11.59 and a two-hundred day moving average of $10.98. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.23 and a current ratio of 1.26. Vodafone Group PLC has a 1 year low of $8.00 and a 1 year high of $12.72.

Vodafone Group 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.