Heritage Wealth Advisors acquired a new position in Vodafone Group Plc (NASDAQ:VOD) in the first quarter, Holdings Channel reports. The firm acquired 2,267 shares of the cell phone carrier’s stock, valued at approximately $41,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VOD. Sontag Advisory LLC bought a new stake in Vodafone Group in the 4th quarter worth approximately $26,000. OLD Second National Bank of Aurora grew its position in Vodafone Group by 277.2% in the 1st quarter. OLD Second National Bank of Aurora now owns 1,339 shares of the cell phone carrier’s stock worth $25,000 after purchasing an additional 984 shares during the period. Cornerstone Advisors Inc. grew its position in Vodafone Group by 282.3% in the 1st quarter. Cornerstone Advisors Inc. now owns 1,380 shares of the cell phone carrier’s stock worth $25,000 after purchasing an additional 1,019 shares during the period. Lenox Wealth Management Inc. grew its position in Vodafone Group by 168.7% in the 4th quarter. Lenox Wealth Management Inc. now owns 1,814 shares of the cell phone carrier’s stock worth $35,000 after purchasing an additional 1,139 shares during the period. Finally, We Are One Seven LLC bought a new stake in Vodafone Group in the 4th quarter worth approximately $41,000. Institutional investors own 8.11% of the company’s stock.

Shares of NASDAQ VOD traded down $0.13 during mid-day trading on Wednesday, hitting $16.21. 1,177,316 shares of the company’s stock traded hands, compared to its average volume of 3,272,451. The company has a current ratio of 1.30, a quick ratio of 1.27 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $44.73 billion, a price-to-earnings ratio of 11.92, a P/E/G ratio of 2.13 and a beta of 0.73. Vodafone Group Plc has a 1 year low of $16.11 and a 1 year high of $27.21.

A number of research firms have commented on VOD. Zacks Investment Research downgraded shares of Vodafone Group from a “buy” rating to a “sell” rating in a research report on Friday, April 12th. BidaskClub upgraded shares of Vodafone Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 4th. Argus decreased their target price on shares of Vodafone Group to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, March 13th. BNP Paribas restated a “neutral” rating on shares of Vodafone Group in a research report on Friday, March 8th. Finally, Exane BNP Paribas cut shares of Vodafone Group from an “outperform” rating to a “neutral” rating in a research report on Friday, March 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Vodafone Group presently has a consensus rating of “Buy” and a consensus price target of $25.13.

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Vodafone Group Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

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