Standpoint Research Reports Vodafone Group Plc – American Depositary Shares each representing ten Ordinary Shares (VOD) Downgrade from “Accumulate”; Flex Limited Ord (FLEX) Shorts Down By 10.49%

June 1, 2017 - By Darrin Black

Flex Limited Ord (NASDAQ:FLEX) had a decrease of 10.49% in short interest. FLEX’s SI was 4.88M shares in June as released by FINRA. Its down 10.49% from 5.46 million shares previously. With 4.63 million avg volume, 1 days are for Flex Limited Ord (NASDAQ:FLEX)’s short sellers to cover FLEX’s short positions. The SI to Flex Limited Ord’s float is 0.99%. About 343,249 shares traded. Flex Ltd (NASDAQ:FLEX) has risen 35.11% since June 1, 2016 and is uptrending. It has outperformed by 18.41% the S&P500.

Among 7 analysts covering Vodafone Group PLC (ADR) (NASDAQ:VOD), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Vodafone Group PLC (ADR) had 9 analyst reports since October 19, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, October 19 by Macquarie Research. On Wednesday, April 20 the stock rating was upgraded by Bank of America to “Buy”. The rating was downgraded by Bank of America on Wednesday, January 25 to “Neutral”. The firm has “Hold” rating by HSBC given on Tuesday, January 17. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) earned “Hold” rating by Argus Research on Tuesday, September 20. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) earned “Neutral” rating by Macquarie Research on Monday, June 13. BNP Paribas downgraded the stock to “Neutral” rating in Monday, November 21 report. The firm has “Accumulate” rating by Standpoint Research given on Tuesday, January 3. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) has “Buy” rating given on Tuesday, January 10 by Goldman Sachs.

Since January 18, 2017, it had 0 buys, and 8 selling transactions for $4.18 million activity. On Wednesday, January 18 the insider Tan Lay Koon sold $4,305. Shares for $95,160 were sold by Bennett David P. WATKINS WILLIAM D also sold $453,177 worth of Flex Ltd (NASDAQ:FLEX) shares. MCNAMARA MICHAEL M had sold 58,838 shares worth $988,949 on Tuesday, May 23. Barbier Francois sold $733,337 worth of stock. Collier Christopher sold 17,875 shares worth $299,358. $733,513 worth of Flex Ltd (NASDAQ:FLEX) shares were sold by Humphries Paul.

Flex Ltd, formerly Flextronics International Ltd. provides design, engineering, manufacturing, and supply chain services and solutions. The company has market cap of $9.24 billion. The Firm designs, builds, ships and services packaged consumer electronics and industrial products for original equipment manufacturers . It has a 29.74 P/E ratio. The Company’s divisions include High Reliability Solutions (HRS), Consumer Technologies Group (CTG), Industrial and Emerging Industries (IEI) and Communications & Enterprise Compute (CEC).

Among 14 analysts covering Flextronics International Ltd. (NASDAQ:FLEX), 11 have Buy rating, 1 Sell and 2 Hold. Therefore 79% are positive. Flextronics International Ltd. had 29 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, September 20 by Goldman Sachs. As per Friday, January 15, the company rating was maintained by RBC Capital Markets. Standpoint Research downgraded the shares of FLEX in report on Tuesday, May 24 to “Hold” rating. The stock has “Buy” rating by B. Riley & Co on Friday, October 9. The stock has “Buy” rating by Citigroup on Friday, December 11. Argus Research upgraded Flex Ltd (NASDAQ:FLEX) on Friday, January 29 to “Buy” rating. RBC Capital Markets maintained it with “Outperform” rating and $22 target in Tuesday, February 21 report. Needham maintained Flex Ltd (NASDAQ:FLEX) rating on Tuesday, October 20. Needham has “Buy” rating and $14 target. As per Friday, August 21, the company rating was upgraded by Zacks. On Friday, April 29 the stock rating was maintained by Citigroup with “Buy”.

Investors sentiment increased to 0.85 in 2016 Q4. Its up 0.08, from 0.77 in 2016Q3. It improved, as 33 investors sold Flex Ltd shares while 120 reduced holdings. 41 funds opened positions while 89 raised stakes. 484.15 million shares or 12.61% more from 429.95 million shares in 2016Q3 were reported. Old Bancorp In reported 38,855 shares. Bank & Trust Of America De holds 0.02% of its portfolio in Flex Ltd (NASDAQ:FLEX) for 5.21M shares. Hsbc Holdg Public Limited Company holds 0.01% in Flex Ltd (NASDAQ:FLEX) or 365,245 shares. Millennium Mngmt Limited Liability Corporation invested in 0.03% or 940,184 shares. Commonwealth Equity Svcs Incorporated, a Massachusetts-based fund reported 17,775 shares. Ubs Asset Americas Inc reported 0.02% of its portfolio in Flex Ltd (NASDAQ:FLEX). Credit Suisse Ag owns 700,691 shares. Bremer National Association holds 15,474 shares or 0.06% of its portfolio. Graybill Bartz & holds 234,442 shares. Atwood & Palmer reported 0% stake. Oregon Employees Retirement Fund reported 0.05% stake. Moreover, Nationwide Fund Advsrs has 0.01% invested in Flex Ltd (NASDAQ:FLEX) for 113,071 shares. Fulton Financial Bank Na holds 12,637 shares or 0.02% of its portfolio. S&T Bancorp Pa invested 2.54% in Flex Ltd (NASDAQ:FLEX). Cramer Rosenthal Mcglynn Ltd Liability holds 0.02% or 83,780 shares in its portfolio.