Capital World Investors boosted its holdings in Vodafone Group PLC (NASDAQ:VOD) by 0.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,616,869 shares of the cell phone carrier’s stock after purchasing an additional 5,766 shares during the period. Capital World Investors’ holdings in Vodafone Group PLC were worth $46,453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VOD. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position 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 valued at $111,000 after purchasing an additional 2,975 shares in the last quarter. Pacific Center for Financial Services grew its position 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 valued at $133,000 after purchasing an additional 452 shares in the last quarter. Ropes Wealth Advisors LLC grew its position in Vodafone Group PLC by 387.8% in the second quarter. Ropes Wealth Advisors LLC now owns 4,654 shares of the cell phone carrier’s stock valued at $134,000 after purchasing an additional 3,700 shares in the last quarter. Perigon Wealth Management LLC bought a new position in Vodafone Group PLC in the first quarter valued at $147,000. Finally, Pacer Advisors Inc. bought a new position in Vodafone Group PLC in the second quarter valued at $161,000. 10.21% of the stock is owned by institutional investors and hedge funds.

Vodafone Group PLC (NASDAQ:VOD) opened at 28.07 on Friday. Vodafone Group PLC has a 12 month low of $24.17 and a 12 month high of $30.39.

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A number of research firms recently weighed in on VOD. BidaskClub raised shares of Vodafone Group PLC from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. Bank of America Corporation raised shares of Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price objective for the company in a research report on Wednesday, August 9th. J P Morgan Chase & Co reissued a “buy” rating on shares of Vodafone Group PLC in a research report on Monday, July 31st. Numis Securities Ltd initiated coverage on shares of Vodafone Group PLC in a research report on Friday, July 14th. They issued an “add” rating for the company. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Vodafone Group PLC in a research report on Friday, June 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Vodafone Group PLC currently has an average rating of “Buy” and an average price target of $31.52.

Vodafone Group PLC 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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