Capital Wealth Planning LLC Buys New Stake in Vodafone Group Public Limited (NASDAQ:VOD)

Capital Wealth Planning LLC bought a new stake in shares of Vodafone Group Public Limited (NASDAQ:VOD - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 253,403 shares of the cell phone carrier's stock, valued at approximately $2,248,000.

Other institutional investors also recently bought and sold shares of the company. ACR Alpine Capital Research LLC raised its stake 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 acquiring an additional 261,060 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Vodafone Group Public by 9.6% in 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 during the period. First Trust Advisors LP increased its stake in Vodafone Group Public by 0.4% during the 4th quarter. First Trust Advisors LP now owns 3,301,869 shares of the cell phone carrier's stock worth $28,726,000 after buying an additional 12,826 shares in the last quarter. Clifford Capital Partners LLC increased its position in shares of 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 in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of 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 buying an additional 308,861 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Vodafone Group Public Stock Up 1.8 %

VOD traded up $0.18 on Monday, hitting $10.35. 4,498,585 shares of the company traded hands, compared to its average volume of 6,506,279. The company has a 50 day moving average of $9.51 and a 200-day moving average of $9.11. Vodafone Group Public Limited has a 12-month low of $8.02 and a 12-month high of $10.37. 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 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.