Dynamic Technology Lab Private Ltd grew its holdings in shares of Vodafone Group Plc (NASDAQ:VOD) by 161.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,459 shares of the cell phone carrier’s stock after acquiring an additional 16,959 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Vodafone Group were worth $668,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VOD. Princeton Portfolio Strategies Group LLC increased its stake in shares of Vodafone Group by 4.5% in the first quarter. Princeton Portfolio Strategies Group LLC now owns 46,643 shares of the cell phone carrier’s stock worth $1,298,000 after buying an additional 2,000 shares during the period. Compton Capital Management Inc. RI increased its stake in shares of Vodafone Group by 10.9% in the first quarter. Compton Capital Management Inc. RI now owns 20,527 shares of the cell phone carrier’s stock worth $571,000 after buying an additional 2,010 shares during the period. Sandy Spring Bank increased its stake in shares of Vodafone Group by 13.3% in the second quarter. Sandy Spring Bank now owns 17,660 shares of the cell phone carrier’s stock worth $429,000 after buying an additional 2,069 shares during the period. Haverford Trust Co. increased its stake in shares of Vodafone Group by 14.0% in the first quarter. Haverford Trust Co. now owns 17,418 shares of the cell phone carrier’s stock worth $485,000 after buying an additional 2,138 shares during the period. Finally, Creative Planning increased its stake in shares of Vodafone Group by 4.7% in the second quarter. Creative Planning now owns 48,578 shares of the cell phone carrier’s stock worth $1,181,000 after buying an additional 2,168 shares during the period. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Vodafone Group stock opened at $22.27 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48. The firm has a market cap of $58.15 billion, a price-to-earnings ratio of 16.38, a P/E/G ratio of 1.74 and a beta of 0.83. Vodafone Group Plc has a 12-month low of $21.13 and a 12-month high of $32.75.

Several research analysts recently commented on VOD shares. Citigroup downgraded shares of Vodafone Group from a “buy” rating to a “neutral” rating in a research note on Thursday, May 17th. Zacks Investment Research raised shares of Vodafone Group from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 19th. BidaskClub downgraded shares of Vodafone Group from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 20th. Argus decreased their target price on shares of Vodafone Group from $36.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, June 13th. Finally, ValuEngine downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research note on Monday, June 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $33.36.

Vodafone Group 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.

Read More: NASDAQ Stock Market Explained

Want to see what other hedge funds are holding VOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vodafone Group Plc (NASDAQ:VOD).

Institutional Ownership by Quarter for Vodafone Group (NASDAQ:VOD)

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.