9,870 Shares in Vodafone Group Plc (VOD) Purchased by Paragon Capital Management Ltd

Paragon Capital Management Ltd bought a new stake in Vodafone Group Plc (NASDAQ:VOD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,870 shares of the cell phone carrier’s stock, valued at approximately $214,000.

Other institutional investors have also added to or reduced their stakes in the company. Bessemer Group Inc. grew its holdings in shares of Vodafone Group by 149.8% during the second quarter. Bessemer Group Inc. now owns 5,321 shares of the cell phone carrier’s stock worth $129,000 after purchasing an additional 3,191 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Vodafone Group by 722.6% in the second quarter. Tower Research Capital LLC TRC now owns 5,462 shares of the cell phone carrier’s stock worth $133,000 after acquiring an additional 4,798 shares during the period. Palo Capital Inc. acquired a new position in shares of Vodafone Group in the third quarter worth approximately $126,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Vodafone Group in the second quarter worth approximately $143,000. Finally, NumerixS Investment Technologies Inc acquired a new position in shares of Vodafone Group in the second quarter worth approximately $153,000. Hedge funds and other institutional investors own 9.70% of the company’s stock.

A number of equities analysts recently commented on VOD shares. Zacks Investment Research lowered Vodafone Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 17th. Bank of America lowered Vodafone Group from a “buy” rating to a “neutral” rating in a research note on Thursday, August 30th. BidaskClub lowered Vodafone Group from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 9th. Citigroup raised Vodafone Group from a “neutral” rating to a “buy” rating in a research note on Thursday, September 6th. Finally, Raymond James lowered Vodafone Group from a “strong-buy” rating to a “market perform” rating in a research note on Tuesday, October 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $33.36.

Shares of VOD opened at $19.51 on Thursday. Vodafone Group Plc has a 52-week low of $18.45 and a 52-week high of $32.75. The company has a market capitalization of $51.03 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 1.76 and a beta of 0.88. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48.

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Vodafone Group Company 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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