Trust Department MB Financial Bank N A increased its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 43.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,154 shares of the cell phone carrier’s stock after buying an additional 4,000 shares during the period. Trust Department MB Financial Bank N A’s holdings in Vodafone Group PLC were worth $378,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. HighPoint Advisor Group LLC raised its stake in Vodafone Group PLC by 0.3% in the fourth quarter. HighPoint Advisor Group LLC now owns 20,569 shares of the cell phone carrier’s stock worth $520,000 after buying an additional 65 shares in the last quarter. Winslow Evans & Crocker Inc. raised its stake in Vodafone Group PLC by 4.2% in the first quarter. Winslow Evans & Crocker Inc. now owns 4,956 shares of the cell phone carrier’s stock worth $131,000 after buying an additional 200 shares in the last quarter. Beese Fulmer Investment Management Inc. raised its stake in Vodafone Group PLC by 0.8% in the first quarter. Beese Fulmer Investment Management Inc. now owns 25,095 shares of the cell phone carrier’s stock worth $663,000 after buying an additional 204 shares in the last quarter. Focused Wealth Management Inc raised its stake in Vodafone Group PLC by 1.7% in the first quarter. Focused Wealth Management Inc now owns 15,457 shares of the cell phone carrier’s stock worth $409,000 after buying an additional 257 shares in the last quarter. Finally, Trust Co raised its stake in Vodafone Group PLC by 0.8% in the fourth quarter. Trust Co now owns 37,139 shares of the cell phone carrier’s stock worth $908,000 after buying an additional 282 shares in the last quarter. 10.87% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group PLC (NASDAQ:VOD) traded up 0.13% on Friday, reaching $29.81. The company’s stock had a trading volume of 3,099,701 shares. The company’s market capitalization is $79.36 billion. Vodafone Group PLC has a 52-week low of $24.17 and a 52-week high of $31.69.

The business also recently disclosed a semiannual dividend, which was paid on Friday, August 4th. Stockholders of record on Friday, June 9th were paid a $1.1234 dividend. The ex-dividend date of this dividend was Wednesday, June 7th. This is an increase from Vodafone Group PLC’s previous semiannual dividend of $0.56. This represents a dividend yield of 7.74%.

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VOD has been the topic of a number of research analyst reports. Numis Securities Ltd initiated coverage on Vodafone Group PLC in a research report on Friday, July 14th. They set an “add” rating on the stock. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research report on Monday, July 31st. BidaskClub raised Vodafone Group PLC from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Argus raised Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Monday, June 12th. Finally, Barclays PLC lowered Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a research report on Friday, May 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and three have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $31.33.

Vodafone Group PLC Company Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

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

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