Columbia Asset Management decreased its position in shares of Vodafone Group PLC (NASDAQ:VOD) by 11.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,802 shares of the cell phone carrier’s stock after selling 2,860 shares during the quarter. Columbia Asset Management’s holdings in Vodafone Group PLC were worth $620,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC grew its position in shares of Vodafone Group PLC by 4.7% during the 3rd quarter. Fisher Asset Management LLC now owns 24,824,481 shares of the cell phone carrier’s stock worth $706,505,000 after buying an additional 1,121,862 shares in the last quarter. Federated Investors Inc. PA boosted its position in Vodafone Group PLC by 5.4% during the second quarter. Federated Investors Inc. PA now owns 9,620,051 shares of the cell phone carrier’s stock valued at $276,384,000 after purchasing an additional 492,968 shares in the last quarter. Renaissance Technologies LLC boosted its position in Vodafone Group PLC by 9.0% during the second quarter. Renaissance Technologies LLC now owns 5,641,400 shares of the cell phone carrier’s stock valued at $162,077,000 after purchasing an additional 467,200 shares in the last quarter. BlackRock Inc. boosted its position in Vodafone Group PLC by 8,534.1% during the first 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. Finally, Ameriprise Financial Inc. boosted its position in Vodafone Group PLC by 21.3% during the second quarter. Ameriprise Financial Inc. now owns 3,244,439 shares of the cell phone carrier’s stock valued at $93,255,000 after purchasing an additional 569,025 shares in the last quarter. 10.00% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Vodafone Group PLC (NASDAQ VOD) traded up $0.22 during midday trading on Thursday, reaching $30.70. The company’s stock had a trading volume of 10,866,300 shares, compared to its average volume of 3,910,112. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.99. Vodafone Group PLC has a fifty-two week low of $24.17 and a fifty-two week high of $30.78.

The firm also recently declared a semiannual dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, November 24th will be issued a $0.5642 dividend. This represents a yield of 3.68%. The ex-dividend date of this dividend is Wednesday, November 22nd.

VOD has been the topic of a number of recent research reports. Bank of America Corporation raised Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price objective on the stock in a research report on Wednesday, August 9th. UBS AG reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research report on Friday, October 27th. BidaskClub downgraded Vodafone Group PLC from a “buy” rating to a “hold” rating in a research report on Monday, September 18th. Zacks Investment Research downgraded Vodafone Group PLC from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research report on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Vodafone Group PLC has a consensus rating of “Hold” and an average target price of $31.52.

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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