Stephens Inc. AR Has $5.23 Million Position in Vodafone Group Plc (NASDAQ:VOD)

Stephens Inc. AR reduced its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 262,504 shares of the cell phone carrier’s stock after selling 2,913 shares during the quarter. Stephens Inc. AR’s holdings in Vodafone Group were worth $5,226,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of VOD. Coastal Capital Group Inc. acquired a new stake in shares of Vodafone Group during the second quarter worth approximately $25,000. Motco boosted its holdings in shares of Vodafone Group by 76.9% during the second quarter. Motco now owns 1,682 shares of the cell phone carrier’s stock worth $27,000 after purchasing an additional 731 shares during the period. Asset Dedication LLC boosted its holdings in shares of Vodafone Group by 72.3% during the second quarter. Asset Dedication LLC now owns 1,923 shares of the cell phone carrier’s stock worth $31,000 after purchasing an additional 807 shares during the period. Lenox Wealth Advisors LLC acquired a new stake in shares of Vodafone Group during the third quarter worth approximately $33,000. Finally, Rational Advisors LLC boosted its holdings in shares of Vodafone Group by 4,686.7% during the second quarter. Rational Advisors LLC now owns 2,154 shares of the cell phone carrier’s stock worth $35,000 after purchasing an additional 2,109 shares during the period. Institutional investors and hedge funds own 7.95% of the company’s stock.

VOD opened at $20.55 on Tuesday. Vodafone Group Plc has a fifty-two week low of $15.53 and a fifty-two week high of $21.73. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.55 and a quick ratio of 1.52. The firm’s fifty day moving average price is $19.76 and its two-hundred day moving average price is $17.90. The company has a market capitalization of $55.17 billion, a P/E ratio of 34.25, a P/E/G ratio of 1.30 and a beta of 0.80.

A number of research firms have recently commented on VOD. Morgan Stanley began coverage on shares of Vodafone Group in a research report on Wednesday, August 7th. They issued an “overweight” rating on the stock. Credit Suisse Group reissued a “buy” rating and issued a $190.00 price target on shares of Vodafone Group in a research report on Thursday, October 17th. Macquarie boosted their target price on shares of Vodafone Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday. Zacks Investment Research reaffirmed a “buy” rating and set a $23.00 target price on shares of Vodafone Group in a research report on Saturday. Finally, Exane BNP Paribas raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, September 11th. One analyst has rated the stock with a sell rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $73.92.

Vodafone Group Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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