35,627 Shares in Vodafone Group PLC $VOD Bought by Two Sigma Securities LLC

Two Sigma Securities LLC bought a new position in Vodafone Group PLC (NASDAQ:VOD) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 35,627 shares of the cell phone carrier’s stock, valued at approximately $471,000.

A number of other hedge funds also recently bought and sold shares of VOD. Bayban grew its position in shares of Vodafone Group by 6,696.7% in the first quarter. Bayban now owns 2,039 shares of the cell phone carrier’s stock valued at $31,000 after purchasing an additional 2,009 shares during the last quarter. Western Wealth Management LLC bought a new stake in Vodafone Group during the 1st quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd grew its holdings in Vodafone Group by 81.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,651 shares of the cell phone carrier’s stock valued at $35,000 after buying an additional 1,193 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in Vodafone Group by 38.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,435 shares of the cell phone carrier’s stock worth $40,000 after buying an additional 946 shares during the period. Finally, Manchester Capital Management LLC increased its position in Vodafone Group by 207.6% in the 4th quarter. Manchester Capital Management LLC now owns 3,282 shares of the cell phone carrier’s stock worth $43,000 after buying an additional 2,215 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on VOD shares. DZ Bank cut Vodafone Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Barclays cut shares of Vodafone Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, June 11th. Zacks Research lowered shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. New Street Research upgraded shares of Vodafone Group from a “neutral” rating to a “buy” rating in a report on Friday, July 10th. Finally, Weiss Ratings lowered shares of Vodafone Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $10.57.

Vodafone Group Stock Up 0.1%

VOD opened at $16.07 on Thursday. Vodafone Group PLC has a 1 year low of $11.12 and a 1 year high of $16.60. The stock’s 50 day simple moving average is $15.26 and its 200-day simple moving average is $15.16. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.11 and a current ratio of 1.14.

Vodafone Group Company Profile

Vodafone Group plc is a British multinational telecommunications company headquartered in London. It provides a wide range of communications services to consumer and enterprise customers, including mobile voice and data, fixed-line broadband, cable and pay-TV, and wholesale network services. The company also offers business-oriented solutions such as cloud and hosting, managed networks, unified communications, and Internet of Things (IoT) connectivity and platform services.

Vodafone operates through a combination of wholly owned subsidiaries, joint ventures and partner arrangements across multiple countries, with a particularly large presence in Europe and in several African markets.