Shrier Wealth Management LLC Invests $1 Million in Vodafone Group PLC $VOD

Key Points

• Shrier Wealth Management LLC opened a new position in Vodafone Group (NASDAQ:VOD) in Q4, buying 75,854 shares valued at about $1,002,000.
• Analyst coverage is mixed with an average rating of "Reduce" and a consensus target price of $72.00, although several firms have recently upgraded the stock while others remain bearish.
• Vodafone shares trade near $15.02 (1‑year range: $8.05–$15.91), and institutional investors own roughly 7.84% of the company.

Shrier Wealth Management LLC acquired a new position in shares of Vodafone Group PLC (NASDAQ:VOD - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 75,854 shares of the cell phone carrier's stock, valued at approximately $1,002,000.

Other large investors have also recently bought and sold shares of the company. Sound Income Strategies LLC increased its position in Vodafone Group by 3,455.7% during the third quarter. Sound Income Strategies LLC now owns 3,449 shares of the cell phone carrier's stock worth $39,000 after buying an additional 3,352 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Vodafone Group by 38.0% during the third quarter. CIBC Private Wealth Group LLC now owns 3,435 shares of the cell phone carrier's stock valued at $40,000 after acquiring an additional 946 shares during the last quarter. Global Retirement Partners LLC increased its position in Vodafone Group by 36.2% during the 3rd quarter. Global Retirement Partners LLC now owns 6,389 shares of the cell phone carrier's stock worth $74,000 after purchasing an additional 1,698 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Vodafone Group by 98.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 7,372 shares of the cell phone carrier's stock valued at $78,000 after purchasing an additional 3,651 shares during the last quarter. Finally, Rexford Capital Inc. acquired a new position in Vodafone Group in the 2nd quarter valued at about $89,000. Institutional investors and hedge funds own 7.84% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. UBS Group raised shares of Vodafone Group from a "strong sell" rating to a "hold" rating in a research note on Monday, March 23rd. Zacks Research raised shares of Vodafone Group from a "strong sell" rating to a "hold" rating in a research note on Monday, January 12th. Barclays raised shares of Vodafone Group from an "equal weight" rating to an "overweight" rating in a research note on Monday, December 8th. Berenberg Bank upgraded Vodafone Group from a "hold" rating to a "buy" rating in a report on Wednesday, January 7th. Finally, Weiss Ratings restated a "sell (d+)" rating on shares of Vodafone Group in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $72.00.

Vodafone Group Price Performance

Shares of VOD stock opened at $15.02 on Wednesday. Vodafone Group PLC has a 1-year low of $8.05 and a 1-year high of $15.91. The firm's 50-day simple moving average is $14.90 and its 200-day simple moving average is $13.18. The company has a current ratio of 1.17, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78.

About Vodafone Group

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.

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