Choreo LLC Acquires Shares of 20,771 Vodafone Group Public Limited (NASDAQ:VOD)

Choreo LLC bought a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,771 shares of the cell phone carrier’s stock, valued at approximately $184,000.

Other hedge funds have also modified their holdings of the company. ACR Alpine Capital Research LLC boosted its stake in Vodafone Group Public by 1.2% during the second quarter. ACR Alpine Capital Research LLC now owns 21,870,016 shares of the cell phone carrier’s stock worth $193,987,000 after buying an additional 261,060 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of Vodafone Group Public by 20.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,548,765 shares of the cell phone carrier’s stock valued at $40,484,000 after acquiring an additional 761,624 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Vodafone Group Public by 0.4% in the fourth quarter. First Trust Advisors LP now owns 3,301,869 shares of the cell phone carrier’s stock valued at $28,726,000 after purchasing an additional 12,826 shares during the period. Clifford Capital Partners LLC increased its position in Vodafone Group Public by 12.1% during the first quarter. Clifford Capital Partners LLC now owns 1,546,408 shares of the cell phone carrier’s stock worth $13,763,000 after purchasing an additional 166,986 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in Vodafone Group Public by 33.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 1,219,658 shares of the cell phone carrier’s stock worth $10,855,000 after purchasing an additional 308,861 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Vodafone Group Public Price Performance

Vodafone Group Public stock opened at $10.01 on Friday. The company has a fifty day simple moving average of $9.58 and a 200-day simple moving average of $9.14. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.39.

Vodafone Group Public 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.