Fourpath Capital Management LLC Purchases 940 Shares of Vodafone Group PLC $VOD

Fourpath Capital Management LLC increased its position in shares of Vodafone Group PLC (NASDAQ:VOD) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,225 shares of the cell phone carrier’s stock after purchasing an additional 940 shares during the period. Fourpath Capital Management LLC’s holdings in Vodafone Group were worth $226,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Signaturefd LLC increased its position in shares of Vodafone Group by 1.6% during the second quarter. Signaturefd LLC now owns 77,232 shares of the cell phone carrier’s stock valued at $823,000 after purchasing an additional 1,210 shares during the period. Hazlett Burt & Watson Inc. raised its stake in Vodafone Group by 65.5% during the first quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 1,250 shares in the last quarter. Brucke Financial Inc. lifted its holdings in shares of Vodafone Group by 9.8% during the first quarter. Brucke Financial Inc. now owns 14,700 shares of the cell phone carrier’s stock valued at $143,000 after acquiring an additional 1,308 shares during the period. Kovitz Investment Group Partners LLC boosted its stake in shares of Vodafone Group by 1.5% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 92,068 shares of the cell phone carrier’s stock valued at $863,000 after purchasing an additional 1,318 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Vodafone Group by 4.9% in the 1st quarter. Allworth Financial LP now owns 28,435 shares of the cell phone carrier’s stock worth $265,000 after purchasing an additional 1,332 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VOD has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Vodafone Group in a research report on Wednesday. Berenberg Bank upgraded shares of Vodafone Group to a “hold” rating in a research report on Thursday, June 26th. The Goldman Sachs Group lowered shares of Vodafone Group from a “neutral” rating to a “sell” rating and set a $136.00 price target on the stock. in a research report on Thursday, July 31st. Morgan Stanley initiated coverage on shares of Vodafone Group in a research report on Wednesday, July 2nd. They issued an “equal weight” rating on the stock. Finally, Zacks Research upgraded shares of Vodafone Group to a “hold” rating in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $136.00.

Vodafone Group Price Performance

Shares of VOD stock opened at $11.30 on Friday. Vodafone Group PLC has a 1 year low of $8.00 and a 1 year high of $12.06. The firm’s 50 day moving average is $11.59 and its 200-day moving average is $10.54. The firm has a market capitalization of $27.11 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 0.54 and a beta of 0.62. The company has a current ratio of 1.26, a quick ratio of 1.23 and a debt-to-equity ratio of 0.85.

About Vodafone Group

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.