Cambridge Investment Research Advisors Inc. raised its position in Vodafone Group PLC (NASDAQ:VOD) by 0.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 93,723 shares of the cell phone carrier’s stock after buying an additional 616 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Vodafone Group PLC were worth $2,693,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in VOD. First Manhattan Co. boosted its position in shares of Vodafone Group PLC by 9.4% in the first quarter. First Manhattan Co. now owns 36,897 shares of the cell phone carrier’s stock valued at $1,075,000 after buying an additional 3,166 shares during the period. Oxbow Advisors LLC boosted its stake in Vodafone Group PLC by 9.9% in the first quarter. Oxbow Advisors LLC now owns 19,876 shares of the cell phone carrier’s stock worth $525,000 after buying an additional 1,790 shares during the last quarter. Grandfield & Dodd LLC boosted its stake in Vodafone Group PLC by 3.4% in the first quarter. Grandfield & Dodd LLC now owns 536,564 shares of the cell phone carrier’s stock worth $14,181,000 after buying an additional 17,719 shares during the last quarter. Tocqueville Asset Management L.P. purchased a new stake in Vodafone Group PLC during the first quarter worth approximately $5,183,000. Finally, Coconut Grove Bank boosted its stake in Vodafone Group PLC by 8.8% in the first quarter. Coconut Grove Bank now owns 27,771 shares of the cell phone carrier’s stock worth $734,000 after buying an additional 2,238 shares during the last quarter. 10.21% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group PLC (NASDAQ:VOD) opened at 28.72 on Thursday. Vodafone Group PLC has a 52 week low of $24.17 and a 52 week high of $31.49.

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A number of research analysts recently weighed in on VOD shares. BidaskClub raised shares of Vodafone Group PLC from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, July 31st. Barclays PLC lowered shares of Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 19th. Numis Securities Ltd initiated coverage on shares of Vodafone Group PLC in a research note on Friday, July 14th. They set an “add” rating for the company. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Vodafone Group PLC in a research note on Friday, June 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $31.64.

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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