Dynamic Capital Management LTD Has Raised Vodafone Group Plc New (VOD) Stake by $6.72 Million

May 17, 2018 - By Eugene Smith

Vodafone Group Plc (NASDAQ:VOD) Logo

Dynamic Capital Management Ltd increased its stake in Vodafone Group Plc New (VOD) by 959.82% based on its latest 2017Q4 regulatory filing with the SEC. Dynamic Capital Management Ltd bought 216,920 shares as the company’s stock declined 13.40% with the market. The hedge fund held 239,520 shares of the telecommunications equipment company at the end of 2017Q4, valued at $7.64M, up from 22,600 at the end of the previous reported quarter. Dynamic Capital Management Ltd who had been investing in Vodafone Group Plc New for a number of months, seems to be bullish on the $70.38B market cap company. The stock increased 0.19% or $0.05 during the last trading session, reaching $26.65. About 2.53M shares traded. Vodafone Group Plc (NASDAQ:VOD) has risen 2.53% since May 17, 2017 and is uptrending. It has underperformed by 9.02% the S&P500.

Dynamic Capital Management Ltd, which manages about $932.59 million and $290.80M US Long portfolio, decreased its stake in Brown Forman Corp (NYSE:BF.B) by 59,584 shares to 7,993 shares, valued at $549,000 in 2017Q4, according to the filing. It also reduced its holding in Tyson Foods Inc (NYSE:TSN) by 55,857 shares in the quarter, leaving it with 8,143 shares, and cut its stake in Pvh Corp (NYSE:PVH).

More important recent Vodafone Group Plc (NASDAQ:VOD) news were published by: 247Wallst.com which released: “Santander, Deutsche Bank Leap into Wednesday’s 52-Week Low Club” on May 16, 2018, also Seekingalpha.com published article titled: “Vodafone Still Performing Relatively Well”, Seekingalpha.com published: “Vodafone: Slight Positive” on May 10, 2018. More interesting news about Vodafone Group Plc (NASDAQ:VOD) was released by: Seekingalpha.com and their article: “Vodafone falls 3% on CEO resignation” with publication date: May 15, 2018.

Vodafone Group Plc (NASDAQ:VOD) Ratings Coverage

Among 4 analysts covering Vodafone Group (NASDAQ:VOD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vodafone Group had 5 analyst reports since December 8, 2017 according to SRatingsIntel. Citigroup upgraded Vodafone Group Plc (NASDAQ:VOD) on Wednesday, April 4 to “Buy” rating. As per Wednesday, May 16, the company rating was maintained by Bank of America. The rating was upgraded by Barclays Capital to “Overweight” on Friday, December 8. The rating was upgraded by Raymond James on Wednesday, January 17 to “Buy”.

Vodafone Group Plc (NASDAQ:VOD) Ratings Chart

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