State Street Corp lessened its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 36.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 206,133 shares of the cell phone carrier’s stock after selling 119,679 shares during the quarter. State Street Corp’s holdings in Vodafone Group were worth $5,921,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Alliancebernstein L.P. raised its position in Vodafone Group by 0.3% in the 2nd quarter. Alliancebernstein L.P. now owns 41,619 shares of the cell phone carrier’s stock valued at $1,196,000 after purchasing an additional 105 shares during the last quarter. HPM Partners LLC raised its position in Vodafone Group by 1.5% in the 2nd quarter. HPM Partners LLC now owns 12,498 shares of the cell phone carrier’s stock valued at $359,000 after purchasing an additional 180 shares during the last quarter. AlphaMark Advisors LLC raised its position in Vodafone Group by 2.5% in the 2nd quarter. AlphaMark Advisors LLC now owns 9,184 shares of the cell phone carrier’s stock valued at $264,000 after purchasing an additional 220 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in Vodafone Group by 4.1% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 6,137 shares of the cell phone carrier’s stock valued at $182,000 after purchasing an additional 241 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC raised its position in Vodafone Group by 0.8% in the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 40,058 shares of the cell phone carrier’s stock valued at $1,151,000 after purchasing an additional 300 shares during the last quarter. Institutional investors and hedge funds own 10.24% of the company’s stock.

Several analysts recently commented on VOD shares. Zacks Investment Research upgraded shares of Vodafone Group from a “sell” rating to a “buy” rating and set a $34.00 price target for the company in a research report on Friday, November 17th. BidaskClub downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Goldman Sachs Group reiterated a “buy” rating on shares of Vodafone Group in a research report on Thursday, November 23rd. UBS reiterated a “buy” rating on shares of Vodafone Group in a research report on Friday, October 27th. Finally, Bank of America upgraded shares of Vodafone Group from a “neutral” rating to a “buy” rating and set a $32.56 price objective for the company in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $32.14.

Vodafone Group PLC (VOD) opened at $30.73 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Vodafone Group PLC has a 12-month low of $24.30 and a 12-month high of $31.03.

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

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Vodafone Group 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 (NASDAQ:VOD)

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