Scientech Research LLC Makes New $832,000 Investment in Vodafone Group PLC $VOD

Scientech Research LLC bought a new stake in shares of Vodafone Group PLC (NASDAQ:VOD - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 88,794 shares of the cell phone carrier's stock, valued at approximately $832,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Hazlett Burt & Watson Inc. increased its position in shares of 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 buying an additional 1,250 shares in the last quarter. Wayfinding Financial LLC bought a new stake in shares of Vodafone Group in the 1st quarter valued at $31,000. NBC Securities Inc. increased its position in shares of 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 buying an additional 3,505 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Vodafone Group by 509.7% in the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier's stock valued at $58,000 after buying an additional 5,709 shares in the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Vodafone Group in the 1st quarter valued at $60,000. Institutional investors own 7.84% of the company's stock.

Vodafone Group Stock Performance

NASDAQ:VOD traded down $0.01 during mid-day trading on Friday, hitting $11.85. The stock had a trading volume of 3,541,688 shares, compared to its average volume of 4,474,801. Vodafone Group PLC has a twelve month low of $8.00 and a twelve month high of $12.06. The stock has a market cap of $28.80 billion, a price-to-earnings ratio of 10.39, a PEG ratio of 0.57 and a beta of 0.65. The company's 50 day simple moving average is $11.43 and its 200 day simple moving average is $10.25. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.23 and a current ratio of 1.26.

Wall Street Analysts Forecast Growth

VOD has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Vodafone Group to a "hold" rating in a research report on Tuesday, August 12th. Berenberg Bank upgraded shares of Vodafone Group to a "hold" rating in a research report on Thursday, June 26th. The Goldman Sachs Group cut shares of Vodafone Group from a "neutral" rating to a "sell" rating and set a $136.00 price objective for the company. in a research report on Thursday, July 31st. Wall Street Zen cut shares of Vodafone Group from a "buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Finally, Morgan Stanley began coverage on Vodafone Group in a report on Wednesday, July 2nd. They set an "equal weight" rating for the company. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Vodafone Group presently has an average rating of "Reduce" and a consensus price target of $136.00.

Vodafone Group 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.