Sandy Spring Bank decreased its stake in Vodafone Group PLC (NASDAQ:VOD) by 7.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,218 shares of the cell phone carrier’s stock after selling 1,521 shares during the quarter. Sandy Spring Bank’s holdings in Vodafone Group PLC were worth $552,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VOD. Bronfman E.L. Rothschild L.P. grew its position in shares of 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 valued at $102,000 after purchasing an additional 1,571 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position in shares of 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 valued at $111,000 after purchasing an additional 2,975 shares during the period. Pacific Center for Financial Services grew its position in shares of 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 valued at $133,000 after purchasing an additional 452 shares during the period. Perigon Wealth Management LLC acquired a new stake in shares of Vodafone Group PLC in the first quarter valued at about $147,000. Finally, Pacer Advisors Inc. acquired a new stake in shares of Vodafone Group PLC in the second quarter valued at about $161,000. Institutional investors and hedge funds own 10.21% of the company’s stock.

Several brokerages have recently issued reports on VOD. BidaskClub upgraded shares of Vodafone Group PLC from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. J P Morgan Chase & Co restated a “buy” rating on shares of Vodafone Group PLC in a research report on Monday, July 31st. Numis Securities Ltd began coverage on shares of Vodafone Group PLC in a research report on Friday, July 14th. They set an “add” rating on the stock. Sanford C. Bernstein restated an “outperform” rating on shares of Vodafone Group PLC in a research report on Friday, June 16th. Finally, Standpoint Research lowered shares of Vodafone Group PLC from an “accumulate” rating to a “reduce” rating and set a $30.00 price target on the stock. in a research report on Thursday, June 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $31.64.

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Vodafone Group PLC (NASDAQ:VOD) traded up 1.105% during trading on Monday, reaching $28.815. 315,945 shares of the company’s stock traded hands. The firm has a 50 day moving average of $29.00 and a 200 day moving average of $27.96. Vodafone Group PLC has a 1-year low of $24.17 and a 1-year high of $30.39. The firm’s market capitalization is $76.71 billion.

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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