Oppenheimer Asset Management Inc. Acquires 435,877 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Oppenheimer Asset Management Inc. boosted its stake in Vodafone Group Public Limited (NASDAQ:VOD - Free Report) by 9.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,984,642 shares of the cell phone carrier's stock after purchasing an additional 435,877 shares during the period. Oppenheimer Asset Management Inc. owned about 0.18% of Vodafone Group Public worth $44,214,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of VOD. Vicus Capital grew its holdings in Vodafone Group Public by 10.0% during the second quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier's stock valued at $112,000 after purchasing an additional 1,144 shares during the period. Cohen Investment Advisors LLC boosted its stake in 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 buying an additional 1,148 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in shares of Vodafone Group Public by 10.6% in 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 in the last quarter. Whittier Trust Co. of Nevada Inc. raised its position 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 during the period. Finally, Pacific Center for Financial Services boosted its position in Vodafone Group Public by 17.4% during the first quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier's stock valued at $82,000 after buying an additional 1,361 shares during the period. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Stock Up 1.4 %

Shares of Vodafone Group Public stock traded up $0.14 during midday trading on Friday, reaching $10.17. 4,756,774 shares of the company's stock traded hands, compared to its average volume of 6,513,667. The stock has a 50 day moving average of $9.48 and a 200-day moving average of $9.10. Vodafone Group Public Limited has a 12 month low of $8.02 and a 12 month high of $10.29. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29.

Wall Street Analysts Forecast Growth

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

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.