Suntrust Banks Inc. lifted its position in Vodafone Group PLC (NASDAQ:VOD) by 3.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 913,866 shares of the cell phone carrier’s stock after buying an additional 29,590 shares during the period. Suntrust Banks Inc.’s holdings in Vodafone Group PLC were worth $26,254,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. grew its position in shares of Vodafone Group PLC by 68.6% in the 1st 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 grew its position in shares of Vodafone Group PLC by 239.5% in the 1st 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 grew its position in shares of Vodafone Group PLC by 9.9% in the 1st 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 position in shares of Vodafone Group PLC in the 1st quarter worth approximately $147,000. Finally, Pacer Advisors Inc. purchased a new position in shares of Vodafone Group PLC in the 2nd quarter worth approximately $161,000. 10.21% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: “Suntrust Banks Inc. Has $26.25 Million Stake in Vodafone Group PLC (VOD)” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/22/suntrust-banks-inc-has-26-25-million-stake-in-vodafone-group-plc-vod.html.

Shares of Vodafone Group PLC (NASDAQ VOD) traded up 0.0493% during mid-day trading on Friday, reaching $28.6341. 1,162,571 shares of the company’s stock traded hands. Vodafone Group PLC has a one year low of $24.17 and a one year high of $30.39.

A number of brokerages have recently issued reports on VOD. BidaskClub raised shares of Vodafone Group PLC from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. J P Morgan Chase & Co reissued a “buy” rating on shares of Vodafone Group PLC in a research report on Wednesday, June 14th. Sanford C. Bernstein reissued an “outperform” rating on shares of Vodafone Group PLC in a research report on Friday, June 16th. Bank of America Corporation raised shares of Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 target price on the stock in a research report on Wednesday, August 9th. Finally, Numis Securities Ltd started coverage on shares of Vodafone Group PLC in a research report on Friday, July 14th. They set an “add” rating on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Vodafone Group PLC presently has an average rating of “Buy” and an average price target of $31.64.

About Vodafone Group PLC

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.

Want to see what other hedge funds are holding VOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vodafone Group PLC (NASDAQ:VOD).

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

Receive News & Stock Ratings for Vodafone Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group PLC and related stocks with our FREE daily email newsletter.