Wetherby Asset Management Inc. boosted its stake in Vodafone Group PLC (NASDAQ:VOD) by 24.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 19,346 shares of the cell phone carrier’s stock after buying an additional 3,819 shares during the period. Wetherby Asset Management Inc.’s holdings in Vodafone Group PLC were worth $556,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC bought a new position in shares of Vodafone Group PLC during the first quarter valued at about $328,285,000. BlackRock Inc. raised its position in shares of Vodafone Group PLC by 8,534.1% in the first quarter. BlackRock Inc. now owns 4,340,342 shares of the cell phone carrier’s stock valued at $114,716,000 after buying an additional 4,290,072 shares during the period. FMR LLC raised its position in shares of Vodafone Group PLC by 65.9% in the first quarter. FMR LLC now owns 5,789,369 shares of the cell phone carrier’s stock valued at $153,013,000 after buying an additional 2,299,529 shares during the period. Bank of America Corp DE raised its position in shares of Vodafone Group PLC by 21.9% in the first quarter. Bank of America Corp DE now owns 11,370,690 shares of the cell phone carrier’s stock valued at $300,528,000 after buying an additional 2,044,315 shares during the period. Finally, Epoch Investment Partners Inc. raised its position in shares of Vodafone Group PLC by 506.5% in the first quarter. Epoch Investment Partners Inc. now owns 2,288,402 shares of the cell phone carrier’s stock valued at $60,482,000 after buying an additional 1,911,096 shares during the period. 10.88% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Vodafone Group PLC (VOD) opened at 29.00 on Friday. Vodafone Group PLC has a 52-week low of $24.17 and a 52-week high of $31.69.

The company also recently declared a semiannual dividend, which was paid on Friday, August 4th. Investors of record on Friday, June 9th were paid a dividend of $1.1234 per share. The ex-dividend date of this dividend was Wednesday, June 7th. This is a boost from Vodafone Group PLC’s previous semiannual dividend of $0.56. This represents a dividend yield of 7.74%.

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Several research analysts recently issued reports on the stock. BidaskClub upgraded 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 reiterated a “buy” rating on shares of Vodafone Group PLC in a research report on Wednesday, June 14th. Zacks Investment Research upgraded shares of Vodafone Group PLC from a “hold” rating to a “strong-buy” rating and set a $32.00 target price for the company in a research report on Tuesday, May 16th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Vodafone Group PLC in a research report on Friday, June 16th. Finally, Bank of America Corporation upgraded shares of Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 target price for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price 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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