Marble Harbor Investment Counsel LLC Buys 1,115 Shares of Vodafone Group Plc (NASDAQ:VOD)

Marble Harbor Investment Counsel LLC increased its stake in Vodafone Group Plc (NASDAQ:VOD) by 0.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 374,077 shares of the cell phone carrier’s stock after acquiring an additional 1,115 shares during the quarter. Vodafone Group accounts for approximately 1.3% of Marble Harbor Investment Counsel LLC’s portfolio, making the stock its 24th largest position. Marble Harbor Investment Counsel LLC’s holdings in Vodafone Group were worth $7,448,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC grew its position in Vodafone Group by 13.5% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 146,790 shares of the cell phone carrier’s stock valued at $2,922,000 after purchasing an additional 17,500 shares during the period. Tower Research Capital LLC TRC grew its position in Vodafone Group by 4,411.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,986 shares of the cell phone carrier’s stock valued at $159,000 after purchasing an additional 7,809 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in Vodafone Group by 103.9% in the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 3,619 shares of the cell phone carrier’s stock valued at $72,000 after purchasing an additional 1,844 shares during the period. Armor Investment Advisors LLC grew its position in Vodafone Group by 5.9% in the 3rd quarter. Armor Investment Advisors LLC now owns 39,486 shares of the cell phone carrier’s stock valued at $786,000 after purchasing an additional 2,194 shares during the period. Finally, Managed Asset Portfolios LLC grew its position in Vodafone Group by 9.1% in the 3rd quarter. Managed Asset Portfolios LLC now owns 1,047,692 shares of the cell phone carrier’s stock valued at $20,860,000 after purchasing an additional 87,577 shares during the period. Institutional investors own 7.97% of the company’s stock.

Several analysts recently issued reports on VOD shares. Macquarie lifted their price target on shares of Vodafone Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. ValuEngine downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research report on Tuesday, November 5th. Morgan Stanley reissued an “overweight” rating on shares of Vodafone Group in a research report on Sunday. BidaskClub downgraded shares of Vodafone Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Finally, Zacks Investment Research reaffirmed a “buy” rating and set a $23.00 price objective on shares of Vodafone Group in a report on Saturday, October 19th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $95.78.

VOD traded up $0.71 during mid-day trading on Tuesday, reaching $21.25. 5,490,413 shares of the stock were exchanged, compared to its average volume of 4,129,943. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.52 and a current ratio of 1.55. The stock has a market capitalization of $55.36 billion, a PE ratio of 35.42, a price-to-earnings-growth ratio of 1.26 and a beta of 0.80. The company has a 50 day moving average price of $20.22 and a two-hundred day moving average price of $18.12. Vodafone Group Plc has a 1 year low of $15.53 and a 1 year high of $21.73.

About Vodafone Group

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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