Vodafone Group PLC $VOD Shares Newly Bought by Leo Wealth LLC

Leo Wealth LLC bought a new stake in shares of Vodafone Group PLC (NASDAQ:VOD) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 79,067 shares of the cell phone carrier’s stock, valued at approximately $1,277,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Bayban lifted its position in Vodafone Group by 6,696.7% in the first quarter. Bayban now owns 2,039 shares of the cell phone carrier’s stock valued at $31,000 after purchasing an additional 2,009 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of Vodafone Group in the first quarter worth approximately $34,000. Assetmark Inc. grew its holdings in shares of Vodafone Group by 31.5% in the first quarter. Assetmark Inc. now owns 2,992 shares of the cell phone carrier’s stock worth $45,000 after purchasing an additional 717 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Vodafone Group in the second quarter worth $45,000. Finally, Evergreen Advisors LLC purchased a new position in shares of Vodafone Group in the first quarter worth $54,000. 7.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on VOD shares. Berenberg Bank reiterated a “buy” rating on shares of Vodafone Group in a report on Friday, October 2nd. Wall Street Zen lowered shares of Vodafone Group from a “buy” rating to a “hold” rating in a report on Tuesday, September 22nd. Morningstar cut shares of Vodafone Group to a “hold” rating in a research report on Thursday, July 30th. DZ Bank reaffirmed a “neutral” rating on shares of Vodafone Group in a research note on Monday, August 17th. Finally, UBS Group reiterated a “sell” rating on shares of Vodafone Group in a report on Tuesday, July 28th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $13.13.

Vodafone Group Trading Down 0.3%

NASDAQ:VOD opened at $15.70 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.11 and a debt-to-equity ratio of 0.84. The firm’s fifty day simple moving average is $16.40 and its 200 day simple moving average is $15.31. Vodafone Group PLC has a twelve month low of $11.12 and a twelve month high of $17.71.

About Vodafone Group

Vodafone Group Plc is a telecommunications company headquartered in Newbury, England. It provides mobile and fixed-line connectivity, broadband, voice and messaging services, digital communications, and related technology solutions to consumers, businesses, and public-sector organizations.

The company operates primarily across Europe and Africa. Its consumer businesses offer mobile plans, home broadband, television and other digital services, while Vodafone Business provides connectivity, cloud, cybersecurity, Internet of Things, unified communications, and managed technology services.