Entropy Technologies LP Acquires New Shares in Vodafone Group Public Limited (NASDAQ:VOD)

Entropy Technologies LP purchased a new position in shares of Vodafone Group Public Limited (NASDAQ:VOD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,900 shares of the cell phone carrier’s stock, valued at approximately $110,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC boosted its position in Vodafone Group Public by 8.3% during the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 36,191 shares of the cell phone carrier’s stock worth $307,000 after acquiring an additional 2,788 shares during the period. SOL Capital Management CO boosted its position in Vodafone Group Public by 14.1% during the 4th quarter. SOL Capital Management CO now owns 16,200 shares of the cell phone carrier’s stock worth $138,000 after acquiring an additional 2,000 shares during the period. First Affirmative Financial Network boosted its position in Vodafone Group Public by 16.8% during the 4th quarter. First Affirmative Financial Network now owns 26,742 shares of the cell phone carrier’s stock worth $227,000 after acquiring an additional 3,847 shares during the period. Blue Trust Inc. boosted its position in Vodafone Group Public by 36.6% during the 4th quarter. Blue Trust Inc. now owns 21,925 shares of the cell phone carrier’s stock worth $186,000 after acquiring an additional 5,869 shares during the period. Finally, DGS Capital Management LLC boosted its position in Vodafone Group Public by 99.5% during the 4th quarter. DGS Capital Management LLC now owns 72,603 shares of the cell phone carrier’s stock worth $616,000 after acquiring an additional 36,209 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at $8.36 on Friday. The stock has a 50-day simple moving average of $8.48 and a 200 day simple moving average of $9.15. Vodafone Group Public Limited has a fifty-two week low of $8.00 and a fifty-two week high of $10.39. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Vodafone Group Public Profile

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.