Berkshire Asset Management LLC PA bought a new position in Vodafone Group Plc (NASDAQ:VOD) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 14,523 shares of the cell phone carrier’s stock, valued at approximately $384,000.

Several other hedge funds have also modified their holdings of VOD. Bank of Montreal Can boosted its stake in shares of Vodafone Group Plc by 29.3% in the third quarter. Bank of Montreal Can now owns 293,947 shares of the cell phone carrier’s stock worth $8,569,000 after buying an additional 66,680 shares during the period. IFC Holdings Incorporated FL boosted its stake in shares of Vodafone Group Plc by 7.2% in the third quarter. IFC Holdings Incorporated FL now owns 8,142 shares of the cell phone carrier’s stock worth $239,000 after buying an additional 544 shares during the period. Security National Trust Co. boosted its stake in shares of Vodafone Group Plc by 4.9% in the third quarter. Security National Trust Co. now owns 4,195 shares of the cell phone carrier’s stock worth $123,000 after buying an additional 195 shares during the period. Alpha Cubed Investments LLC acquired a new stake in shares of Vodafone Group Plc during the third quarter worth $516,000. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Vodafone Group Plc by 33.2% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 16,395 shares of the cell phone carrier’s stock worth $478,000 after buying an additional 4,090 shares during the period. 9.59% of the stock is currently owned by institutional investors.

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

Shares of Vodafone Group Plc (NASDAQ:VOD) traded down 0.4621% during trading on Tuesday, reaching $25.8699. 1,063,490 shares of the company were exchanged. Vodafone Group Plc has a 52-week low of $24.17 and a 52-week high of $34.70. The stock has a 50-day moving average of $25.92 and a 200 day moving average of $25.98. The stock’s market capitalization is $72.21 billion.

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A number of analysts have weighed in on VOD shares. Standpoint Research started coverage on shares of Vodafone Group Plc in a report on Tuesday, January 3rd. They set an “accumulate” rating and a $30.00 target price on the stock. Barclays PLC reissued a “buy” rating on shares of Vodafone Group Plc in a report on Sunday, January 8th. Goldman Sachs Group Inc raised shares of Vodafone Group Plc from a “neutral” rating to a “buy” rating in a report on Tuesday, January 10th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Vodafone Group Plc in a report on Wednesday, January 11th. Finally, HSBC Holdings plc cut shares of Vodafone Group Plc from a “buy” rating to a “hold” rating in a report on Tuesday, January 17th. Eight investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $30.35.

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.

5 Day Chart for NASDAQ:VOD

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