Shikiar Asset Management Inc. lowered its position in shares of Vodafone Group PLC (NASDAQ:VOD) by 28.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,325 shares of the cell phone carrier’s stock after selling 46,550 shares during the period. Vodafone Group PLC makes up about 1.5% of Shikiar Asset Management Inc.’s holdings, making the stock its 28th largest position. Shikiar Asset Management Inc.’s holdings in Vodafone Group PLC were worth $3,371,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VOD. Bronfman E.L. Rothschild L.P. increased 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 worth $102,000 after buying an additional 1,571 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC increased 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 worth $111,000 after buying an additional 2,975 shares during the last quarter. Winslow Evans & Crocker Inc. increased its position in shares of Vodafone Group PLC by 4.2% in the first quarter. Winslow Evans & Crocker Inc. now owns 4,956 shares of the cell phone carrier’s stock worth $131,000 after buying an additional 200 shares during the last quarter. Washington Trust Bank increased its position in shares of Vodafone Group PLC by 26.2% in the first quarter. Washington Trust Bank now owns 5,011 shares of the cell phone carrier’s stock worth $132,000 after buying an additional 1,040 shares during the last quarter. Finally, Pacific Center for Financial Services increased 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 worth $133,000 after buying an additional 452 shares during the last quarter. 10.83% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Vodafone Group PLC (VOD) opened at 29.03 on Wednesday. Vodafone Group PLC has a 12 month low of $24.17 and a 12 month high of $31.69.

The business also recently disclosed a semiannual dividend, which was paid on Friday, August 4th. Stockholders of record on Friday, June 9th were issued a $1.1234 dividend. This represents a dividend yield of 7.74%. 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.

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A number of research analysts have weighed in on VOD shares. BidaskClub raised Vodafone Group PLC from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. J P Morgan Chase & Co reissued a “buy” rating on shares of Vodafone Group PLC in a report on Monday, July 31st. Barclays PLC downgraded Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, May 19th. Numis Securities Ltd started coverage on Vodafone Group PLC in a report on Friday, July 14th. They issued an “add” rating on the stock. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Vodafone Group PLC in a report on Friday, June 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the stock. 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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