Fox Run Management L.L.C. Buys 17,588 Shares of Vodafone Group PLC $VOD

Fox Run Management L.L.C. grew its stake in Vodafone Group PLC (NASDAQ:VOD) by 172.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,760 shares of the cell phone carrier’s stock after acquiring an additional 17,588 shares during the period. Fox Run Management L.L.C.’s holdings in Vodafone Group were worth $260,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. grew its stake in Vodafone Group by 65.5% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 1,250 shares in the last quarter. Wayfinding Financial LLC purchased a new stake in shares of Vodafone Group in the 1st quarter worth approximately $31,000. NBC Securities Inc. lifted its position in shares of Vodafone Group by 116,833.3% in the 1st quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier’s stock worth $32,000 after purchasing an additional 3,505 shares during the period. GeoWealth Management LLC lifted its position in shares of Vodafone Group by 258.0% in the 4th quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock worth $44,000 after purchasing an additional 3,733 shares during the period. Finally, CoreCap Advisors LLC lifted its position in shares of Vodafone Group by 509.7% in the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier’s stock worth $58,000 after purchasing an additional 5,709 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Trading Up 0.1%

NASDAQ:VOD opened at $11.71 on Wednesday. Vodafone Group PLC has a 52 week low of $8.00 and a 52 week high of $11.80. The firm has a 50 day moving average of $10.89 and a 200 day moving average of $9.83. The company has a quick ratio of 1.23, a current ratio of 1.26 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $28.41 billion, a price-to-earnings ratio of 10.27, a PEG ratio of 0.56 and a beta of 0.62.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VOD. Zacks Research raised shares of Vodafone Group to a “hold” rating in a research report on Tuesday, August 12th. Morgan Stanley began coverage on shares of Vodafone Group in a research report on Wednesday, July 2nd. They issued an “equal weight” rating for the company. Berenberg Bank raised shares of Vodafone Group to a “hold” rating in a research report on Thursday, June 26th. Wall Street Zen cut shares of Vodafone Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 27th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Vodafone Group in a research report on Wednesday, April 23rd. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $136.00.

About Vodafone Group

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.