Moors & Cabot Inc. Raises Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Moors & Cabot Inc. lifted its position in Vodafone Group Public Limited (NASDAQ:VOD) by 2.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,748 shares of the cell phone carrier’s stock after purchasing an additional 1,865 shares during the period. Moors & Cabot Inc.’s holdings in Vodafone Group Public were worth $743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of VOD. Vicus Capital increased its stake in Vodafone Group Public by 10.0% in the 2nd quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock worth $112,000 after buying an additional 1,144 shares in the last quarter. Cohen Investment Advisors LLC boosted its stake in shares of Vodafone Group Public by 4.4% in the second quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock worth $257,000 after acquiring an additional 1,148 shares during the period. Dorsey & Whitney Trust CO LLC raised its stake in Vodafone Group Public by 10.6% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 13,356 shares of the cell phone carrier’s stock valued at $116,000 after purchasing an additional 1,277 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in Vodafone Group Public by 14.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 10,723 shares of the cell phone carrier’s stock worth $95,000 after purchasing an additional 1,352 shares in the last quarter. Finally, Pacific Center for Financial Services boosted its stake in Vodafone Group Public by 17.4% in the 1st quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier’s stock worth $82,000 after purchasing an additional 1,361 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Stock Performance

Vodafone Group Public stock opened at $10.23 on Thursday. Vodafone Group Public Limited has a 52-week low of $8.02 and a 52-week high of $10.39. 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 firm’s fifty day moving average is $9.55 and its 200 day moving average is $9.12.

Wall Street Analyst Weigh In

Several research firms have recently commented on VOD. UBS Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Vodafone Group Public in a research report on Thursday, June 20th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.45.

About Vodafone Group Public

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.