Blue Trust Inc. Acquires 6,670 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Blue Trust Inc. raised its position in Vodafone Group Public Limited (NASDAQ:VOD) by 71.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,056 shares of the cell phone carrier’s stock after purchasing an additional 6,670 shares during the quarter. Blue Trust Inc.’s holdings in Vodafone Group Public were worth $161,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC raised its position in Vodafone Group Public by 1.2% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 21,870,016 shares of the cell phone carrier’s stock worth $193,987,000 after purchasing an additional 261,060 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of Vodafone Group Public by 9.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 4,984,642 shares of the cell phone carrier’s stock valued at $44,214,000 after purchasing an additional 435,877 shares in the last quarter. Bank of Montreal Can boosted its stake 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 stake 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. Finally, Clifford Capital Partners LLC boosted its stake in shares of Vodafone Group Public by 30.1% during the second quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock valued at $17,848,000 after purchasing an additional 465,802 shares in the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Price Performance

Shares of VOD opened at $9.48 on Monday. Vodafone Group Public Limited has a twelve month low of $8.02 and a twelve month high of $10.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. The company has a 50 day moving average of $9.84 and a two-hundred day moving average of $9.32.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VOD. UBS Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note 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. Finally, New Street Research upgraded shares of Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has given 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”.

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.