Centiva Capital LP Invests $1.23 Million in Vodafone Group PLC $VOD

Centiva Capital LP acquired a new position in shares of Vodafone Group PLC (NASDAQ:VOD) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 106,218 shares of the cell phone carrier’s stock, valued at approximately $1,232,000.

Several other institutional investors also recently bought and sold shares of VOD. Sound Income Strategies LLC grew its holdings in Vodafone Group by 3,455.7% in the third quarter. Sound Income Strategies LLC now owns 3,449 shares of the cell phone carrier’s stock worth $39,000 after purchasing an additional 3,352 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of 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 valued at $74,000 after purchasing an additional 1,698 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of 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 worth $78,000 after purchasing an additional 3,651 shares in the last quarter. Rexford Capital Inc. purchased a new position in Vodafone Group during the 2nd quarter worth $89,000. Finally, Parallel Advisors LLC increased its position in Vodafone Group by 14.0% during the 3rd quarter. Parallel Advisors LLC now owns 8,640 shares of the cell phone carrier’s stock valued at $100,000 after buying an additional 1,059 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on VOD shares. Barclays raised Vodafone Group from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Berenberg Bank raised shares of Vodafone Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Zacks Research upgraded shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Vodafone Group in a research note on Wednesday, January 21st. Finally, Wall Street Zen cut shares of Vodafone Group from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, Vodafone Group has a consensus rating of “Reduce” and a consensus price target of $72.00.

Vodafone Group Price Performance

Shares of NASDAQ:VOD opened at $14.41 on Friday. 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 52-week low of $8.05 and a 52-week high of $15.91. The business has a 50-day moving average price of $14.64 and a 200-day moving average price of $12.94.

Vodafone Group 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.