Hotchkis & Wiley Capital Management LLC trimmed its holdings in Vodafone Group PLC (NASDAQ:VOD) by 4.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,235,098 shares of the cell phone carrier’s stock after selling 741,179 shares during the period. Vodafone Group PLC accounts for approximately 1.9% of Hotchkis & Wiley Capital Management LLC’s holdings, making the stock its 14th largest holding. Hotchkis & Wiley Capital Management LLC owned approximately 0.61% of Vodafone Group PLC worth $466,434,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VOD. Fisher Asset Management LLC lifted its stake in shares of Vodafone Group PLC by 90.8% in the 2nd quarter. Fisher Asset Management LLC now owns 23,702,619 shares of the cell phone carrier’s stock valued at $680,976,000 after purchasing an additional 11,281,706 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Vodafone Group PLC by 8,534.1% in the 1st quarter. BlackRock Inc. now owns 4,340,342 shares of the cell phone carrier’s stock valued at $114,716,000 after purchasing an additional 4,290,072 shares in the last quarter. FMR LLC lifted its stake in shares of Vodafone Group PLC by 65.9% in the 1st quarter. FMR LLC now owns 5,789,369 shares of the cell phone carrier’s stock valued at $153,013,000 after purchasing an additional 2,299,529 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Vodafone Group PLC by 21.9% in the 1st 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 purchasing an additional 2,044,315 shares in the last quarter. Finally, Epoch Investment Partners Inc. lifted its stake in shares of Vodafone Group PLC by 506.5% in the 1st quarter. Epoch Investment Partners Inc. now owns 2,288,402 shares of the cell phone carrier’s stock valued at $60,482,000 after purchasing an additional 1,911,096 shares in the last quarter. 10.21% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group PLC (NASDAQ:VOD) traded down 0.31% during midday trading on Friday, reaching $28.50. The company’s stock had a trading volume of 3,880,040 shares. Vodafone Group PLC has a 52 week low of $24.17 and a 52 week high of $30.39. The firm’s market capitalization is $75.87 billion. The stock has a 50 day moving average of $28.99 and a 200 day moving average of $27.96.

WARNING: “Vodafone Group PLC (VOD) Shares Sold by Hotchkis & Wiley Capital Management LLC” was posted by Daily Political and is the property of of Daily Political. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://www.dailypolitical.com/2017/09/16/vodafone-group-plc-vod-shares-sold-by-hotchkis-wiley-capital-management-llc.html.

Several research firms recently commented on VOD. Numis Securities Ltd began coverage on Vodafone Group PLC in a research report on Friday, July 14th. They set an “add” rating on the stock. J P Morgan Chase & Co reissued a “buy” rating on shares of Vodafone Group PLC in a research report on Monday, July 31st. BidaskClub raised Vodafone Group PLC from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Bank of America Corporation raised Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price target on the stock in a research report on Wednesday, August 9th. Finally, Argus raised Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Monday, June 12th. One investment 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 stock. The company has an average rating of “Buy” and a consensus price target of $31.64.

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.

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.