Oppenheimer & Co. Inc. Acquires 864,924 Shares of Vodafone Group Public Limited (NASDAQ:VOD)

Oppenheimer & Co. Inc. raised its position in shares of Vodafone Group Public Limited (NASDAQ:VOD) by 1,119.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 942,179 shares of the cell phone carrier’s stock after purchasing an additional 864,924 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vodafone Group Public were worth $9,441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vicus Capital increased its position in Vodafone Group Public by 10.0% during the 2nd 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 grew its position in shares of Vodafone Group Public by 4.4% during the 2nd 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 during the period. Apollon Wealth Management LLC grew its position in shares of Vodafone Group Public by 7.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock worth $171,000 after buying an additional 1,204 shares during the period. Profund Advisors LLC grew its position in shares of Vodafone Group Public by 3.0% during the 2nd quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock worth $412,000 after buying an additional 1,350 shares during the period. Finally, Pacific Center for Financial Services grew its position in shares of Vodafone Group Public by 17.4% during the 1st quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier’s stock worth $82,000 after buying an additional 1,361 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Analyst Ratings Changes

VOD has been the subject of several recent analyst reports. UBS Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Vodafone Group Public presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Shares of NASDAQ:VOD opened at $8.75 on Thursday. 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 stock’s fifty day simple moving average is $9.73 and its two-hundred day simple moving average is $9.39. Vodafone Group Public Limited has a 1-year low of $8.02 and a 1-year high of $10.39.

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.