Compass Wealth Management LLC Invests $812,000 in Vodafone Group PLC $VOD

Compass Wealth Management LLC bought a new position in shares of Vodafone Group PLC (NASDAQ:VOD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 69,973 shares of the cell phone carrier’s stock, valued at approximately $812,000.

A number of other large investors also recently bought and sold shares of the stock. AQR Capital Management LLC grew its stake in shares of Vodafone Group by 21.4% during the 1st quarter. AQR Capital Management LLC now owns 66,351 shares of the cell phone carrier’s stock worth $622,000 after purchasing an additional 11,703 shares during the period. Empowered Funds LLC boosted its holdings in Vodafone Group by 1.9% during the first quarter. Empowered Funds LLC now owns 296,581 shares of the cell phone carrier’s stock worth $2,779,000 after buying an additional 5,592 shares in the last quarter. Focus Partners Wealth grew its position in Vodafone Group by 19.7% during the first quarter. Focus Partners Wealth now owns 20,830 shares of the cell phone carrier’s stock valued at $195,000 after buying an additional 3,435 shares during the period. Yousif Capital Management LLC raised its position in shares of Vodafone Group by 6.9% in the second quarter. Yousif Capital Management LLC now owns 29,519 shares of the cell phone carrier’s stock worth $315,000 after acquiring an additional 1,905 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Vodafone Group by 14.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 12,284 shares of the cell phone carrier’s stock worth $131,000 after acquiring an additional 1,533 shares in the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on VOD. UBS Group restated a “sell” rating on shares of Vodafone Group in a research note on Monday, November 3rd. Zacks Research upgraded Vodafone Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Wall Street Zen downgraded shares of Vodafone Group from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Vodafone Group in a research report on Wednesday, January 21st. Finally, Berenberg Bank raised shares of Vodafone Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $72.00.

Vodafone Group Price Performance

Shares of Vodafone Group stock opened at $15.65 on Friday. The business has a 50-day moving average of $14.06 and a 200 day moving average of $12.58. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.13 and a current ratio of 1.17. Vodafone Group PLC has a 12 month low of $8.05 and a 12 month high of $15.90.

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.