Willingdon Wealth Management decreased its position in Vodafone Group PLC (NASDAQ:VOD) by 45.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 156,344 shares of the cell phone carrier’s stock after selling 131,382 shares during the period. Vodafone Group PLC makes up about 1.8% of Willingdon Wealth Management’s portfolio, making the stock its 5th largest position. Willingdon Wealth Management’s holdings in Vodafone Group PLC were worth $4,492,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. raised its stake in Vodafone Group PLC by 68.6% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 3,862 shares of the cell phone carrier’s stock worth $102,000 after buying an additional 1,571 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its stake in Vodafone Group PLC by 239.5% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 4,217 shares of the cell phone carrier’s stock worth $111,000 after buying an additional 2,975 shares during the last quarter. Pacific Center for Financial Services raised its stake in Vodafone Group PLC by 9.9% in the first quarter. Pacific Center for Financial Services now owns 5,018 shares of the cell phone carrier’s stock worth $133,000 after buying an additional 452 shares during the last quarter. Perigon Wealth Management LLC purchased a new stake in Vodafone Group PLC during the first quarter worth $147,000. Finally, AT Bancorp purchased a new stake in Vodafone Group PLC during the second quarter worth $175,000. Hedge funds and other institutional investors own 10.83% of the company’s stock.

Vodafone Group PLC (NASDAQ:VOD) traded up 0.49% during midday trading on Friday, hitting $28.71. The stock had a trading volume of 1,998,184 shares. Vodafone Group PLC has a 12-month low of $24.17 and a 12-month high of $31.12.

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VOD has been the topic of several recent analyst reports. BidaskClub upgraded shares of Vodafone Group PLC from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, July 31st. Barclays PLC lowered shares of Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 19th. Numis Securities Ltd initiated coverage on shares of Vodafone Group PLC in a research note on Friday, July 14th. They issued an “add” rating on the stock. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Vodafone Group PLC in a research note on Friday, June 16th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $31.64.

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.

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

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