32,380 Shares in Vodafone Group PLC $VOD Purchased by Ashton Thomas Private Wealth LLC

Key Points

• Ashton Thomas Private Wealth LLC recently acquired 32,380 shares of Vodafone Group PLC, valued at approximately $303,000.
• Several large investors, including Ameriprise Financial and Bank of America, have increased their stakes in Vodafone Group during the fourth quarter.
• Vodafone Group's stock currently has a consensus rating of "Reduce" with an average target price set at $136.00 by Wall Street analysts.

Ashton Thomas Private Wealth LLC acquired a new stake in Vodafone Group PLC (NASDAQ:VOD - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 32,380 shares of the cell phone carrier's stock, valued at approximately $303,000.

Several other large investors have also recently made changes to their positions in VOD. Hazlett Burt & Watson Inc. raised its stake in Vodafone Group by 65.5% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier's stock valued at $30,000 after purchasing an additional 1,250 shares during the last quarter. Wayfinding Financial LLC acquired a new position in Vodafone Group in the 1st quarter valued at $31,000. NBC Securities Inc. raised its stake in Vodafone Group by 116,833.3% in the 1st quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier's stock valued at $32,000 after purchasing an additional 3,505 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in Vodafone Group in the 1st quarter valued at $60,000. Finally, Pacific Center for Financial Services raised its stake in Vodafone Group by 33.0% in the 4th quarter. Pacific Center for Financial Services now owns 9,794 shares of the cell phone carrier's stock valued at $83,000 after purchasing an additional 2,428 shares during the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on VOD. Wall Street Zen downgraded Vodafone Group from a "buy" rating to a "hold" rating in a research note on Tuesday, May 27th. Morgan Stanley began coverage on Vodafone Group in a research note on Wednesday, July 2nd. They set an "equal weight" rating on the stock. The Goldman Sachs Group lowered Vodafone Group from a "neutral" rating to a "sell" rating and set a $136.00 price objective on the stock. in a research note on Thursday, July 31st. Berenberg Bank raised Vodafone Group to a "hold" rating in a research note on Thursday, June 26th. Finally, Zacks Research raised Vodafone Group to a "hold" rating in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus target price of $136.00.

Vodafone Group Trading Down 0.3%

Shares of Vodafone Group stock traded down $0.04 during trading hours on Tuesday, hitting $11.77. The company's stock had a trading volume of 5,157,470 shares, compared to its average volume of 11,045,633. Vodafone Group PLC has a twelve month low of $8.00 and a twelve month high of $12.06. The firm has a fifty day moving average of $11.45 and a 200-day moving average of $10.28. The stock has a market cap of $28.60 billion, a price-to-earnings ratio of 10.32, a P/E/G ratio of 0.57 and a beta of 0.65. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.23 and a current ratio of 1.26.

About Vodafone Group

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.