Estabrook Capital Management continued to hold its position in shares of Vodafone Group PLC (NASDAQ:VOD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,627 shares of the cell phone carrier’s stock at the close of the second quarter. Estabrook Capital Management’s holdings in Vodafone Group PLC were worth $104,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of VOD. First Trust Advisors LP lifted its holdings in Vodafone Group PLC by 45.4% during the 1st quarter. First Trust Advisors LP now owns 342,067 shares of the cell phone carrier’s stock worth $9,041,000 after buying an additional 106,867 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in Vodafone Group PLC by 11.9% during the 1st quarter. Advisors Asset Management Inc. now owns 64,537 shares of the cell phone carrier’s stock worth $1,706,000 after buying an additional 6,881 shares in the last quarter. US Bancorp DE lifted its holdings in Vodafone Group PLC by 1.2% during the 1st quarter. US Bancorp DE now owns 115,608 shares of the cell phone carrier’s stock worth $3,056,000 after buying an additional 1,360 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Vodafone Group PLC by 6.7% during 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 buying an additional 168,990 shares in the last quarter. Finally, Marathon Capital Management acquired a new position in Vodafone Group PLC during the 1st quarter worth $2,045,000. 10.21% of the stock is currently owned by hedge funds and other institutional investors.
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Several research analysts have issued reports on the company. Barclays PLC downgraded Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, May 19th. J P Morgan Chase & Co reissued a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, July 31st. 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 note on Wednesday, August 9th. BidaskClub raised Vodafone Group PLC from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. Finally, Numis Securities Ltd initiated coverage on Vodafone Group PLC in a research note on Friday, July 14th. They issued an “add” rating on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Vodafone Group PLC presently has a consensus rating of “Buy” and a consensus target price of $31.64.
Shares of Vodafone Group PLC (NASDAQ:VOD) traded up 0.07% during mid-day trading on Friday, reaching $28.50. The company had a trading volume of 1,520,905 shares. The stock has a 50 day moving average of $29.09 and a 200-day moving average of $27.84. Vodafone Group PLC has a one year low of $24.17 and a one year high of $30.51. The firm’s market capitalization is $75.87 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.
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