TCI Wealth Advisors Inc. continued to hold its position in Vodafone Group PLC (NASDAQ:VOD) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,034 shares of the cell phone carrier’s stock at the end of the 2nd quarter. TCI Wealth Advisors Inc.’s holdings in Vodafone Group PLC were worth $145,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VOD. First Trust Advisors LP grew its holdings in shares of Vodafone Group PLC by 45.4% in the 1st quarter. First Trust Advisors LP now owns 342,067 shares of the cell phone carrier’s stock worth $9,041,000 after acquiring an additional 106,867 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Vodafone Group PLC by 6.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,705,320 shares of the cell phone carrier’s stock worth $71,501,000 after acquiring an additional 168,990 shares during the period. Sei Investments Co. grew its holdings in shares of Vodafone Group PLC by 13.1% in the 1st quarter. Sei Investments Co. now owns 137,067 shares of the cell phone carrier’s stock worth $3,624,000 after acquiring an additional 15,828 shares during the period. Tdam USA Inc. grew its holdings in shares of Vodafone Group PLC by 2.4% in the 1st quarter. Tdam USA Inc. now owns 464,079 shares of the cell phone carrier’s stock worth $12,266,000 after acquiring an additional 10,769 shares during the period. Finally, Wedbush Securities Inc. grew its holdings in shares of Vodafone Group PLC by 1.9% in the 1st quarter. Wedbush Securities Inc. now owns 30,950 shares of the cell phone carrier’s stock worth $818,000 after acquiring an additional 570 shares during the period. Institutional investors and hedge funds own 10.21% of the company’s stock.

VOD has been the topic of a number of recent research reports. BidaskClub raised Vodafone Group PLC from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research note on Wednesday, June 14th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Vodafone Group PLC in a research note on Friday, June 16th. Bank of America Corporation raised Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 target price on the stock in a research note on Wednesday, August 9th. Finally, Barclays PLC lowered Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $31.64.

TRADEMARK VIOLATION WARNING: “TCI Wealth Advisors Inc. Holds Stake in Vodafone Group PLC (VOD)” was posted by Daily Political and is the property of of Daily Political. If you are viewing this article on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The original version of this article can be read at https://www.dailypolitical.com/2017/09/15/tci-wealth-advisors-inc-holds-stake-in-vodafone-group-plc-vod.html.

Shares of Vodafone Group PLC (NASDAQ VOD) traded down 0.56% on Friday, hitting $28.43. The company’s stock had a trading volume of 849,344 shares. The stock’s 50 day moving average is $29.02 and its 200-day moving average is $27.93. Vodafone Group PLC has a 52 week low of $24.17 and a 52 week high of $30.39. The company’s market cap is $75.69 billion.

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.

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

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.