Vodafone Group PLC $VOD Position Lifted by Vise Technologies Inc.

Vise Technologies Inc. raised its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 64.9% during the third quarter, Holdings Channel reports. 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 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. MGO One Seven LLC lifted its position in shares of Vodafone Group by 9.2% during the 3rd quarter. MGO One Seven LLC now owns 37,295 shares of the cell phone carrier’s stock worth $602,000 after buying an additional 3,138 shares during the period. Choreo LLC grew its position in Vodafone Group by 8.8% in the third quarter. Choreo LLC now owns 40,867 shares of the cell phone carrier’s stock valued at $660,000 after acquiring an additional 3,300 shares during the period. Leo Wealth LLC bought a new stake in Vodafone Group in the third quarter valued at $1,277,000. Brucke Financial Inc. grew its position in Vodafone Group by 14.6% in the third quarter. Brucke Financial Inc. now owns 12,123 shares of the cell phone carrier’s stock valued at $196,000 after acquiring an additional 1,542 shares during the period. Finally, Signaturefd LLC raised its stake in Vodafone Group by 10.8% during the third quarter. Signaturefd LLC now owns 82,695 shares of the cell phone carrier’s stock worth $1,336,000 after acquiring an additional 8,034 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Trading Down 2.0%

Shares of VOD opened at $15.95 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.11 and a debt-to-equity ratio of 0.84. The stock has a fifty day moving average price of $16.35 and a two-hundred day moving average price of $15.41. Vodafone Group PLC has a 52-week low of $11.22 and a 52-week high of $17.71.

Analyst Upgrades and Downgrades

VOD has been the subject of a number of analyst reports. The Goldman Sachs Group raised Vodafone Group from a “sell” rating to a “buy” rating in a report on Friday, September 4th. DZ Bank reaffirmed a “neutral” rating on shares of Vodafone Group in a report on Monday, August 17th. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Vodafone Group in a research report on Monday, July 27th. Wall Street Zen cut shares of Vodafone Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 22nd. Finally, Zacks Research raised shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a report on Tuesday. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.13.

About Vodafone Group

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.