Sanctuary Advisors LLC Invests $420,000 in Vodafone Group Public Limited (NASDAQ:VOD)

Sanctuary Advisors LLC purchased a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 48,753 shares of the cell phone carrier’s stock, valued at approximately $420,000.

Several other hedge funds also recently made changes to their positions in VOD. ACR Alpine Capital Research LLC boosted its position in shares of Vodafone Group Public by 40.4% during the first quarter. ACR Alpine Capital Research LLC now owns 21,608,956 shares of the cell phone carrier’s stock valued at $192,320,000 after purchasing an additional 6,216,805 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Vodafone Group Public by 445.7% during the second quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock valued at $34,055,000 after purchasing an additional 3,107,734 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of Vodafone Group Public by 345.2% during the second quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock valued at $26,786,000 after purchasing an additional 2,346,815 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of Vodafone Group Public by 20.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,548,765 shares of the cell phone carrier’s stock valued at $40,484,000 after purchasing an additional 761,624 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Vodafone Group Public by 163.7% during the first quarter. Cetera Investment Advisers now owns 692,886 shares of the cell phone carrier’s stock valued at $6,167,000 after purchasing an additional 430,092 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Trading Up 2.2 %

VOD stock opened at $9.85 on Thursday. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39. The business has a fifty day moving average price of $9.82 and a 200-day moving average price of $9.27. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Wall Street Analysts Forecast Growth

Several research firms have commented on VOD. UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft began coverage on Vodafone Group Public in a report on Thursday, June 20th. They issued a “buy” rating on the stock. Finally, New Street Research raised Vodafone Group Public to a “strong-buy” rating in a report on Monday, July 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Vodafone Group Public Company 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.