IFC Holdings Incorporated FL purchased a new position in shares of Vodafone Group PLC (NASDAQ:VOD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,193 shares of the cell phone carrier’s stock, valued at approximately $208,000.

A number of other large investors also recently bought and sold shares of the stock. Fisher Asset Management LLC bought a new stake in Vodafone Group PLC during the first quarter worth about $328,285,000. BlackRock Inc. raised its stake in Vodafone Group PLC by 8,534.1% in the first quarter. BlackRock Inc. now owns 4,340,342 shares of the cell phone carrier’s stock worth $114,716,000 after buying an additional 4,290,072 shares in the last quarter. FMR LLC raised its stake in Vodafone Group PLC by 65.9% in the first quarter. FMR LLC now owns 5,789,369 shares of the cell phone carrier’s stock worth $153,013,000 after buying an additional 2,299,529 shares in the last quarter. Bank of America Corp DE raised its stake in Vodafone Group PLC by 21.9% in the first quarter. Bank of America Corp DE now owns 11,370,690 shares of the cell phone carrier’s stock worth $300,528,000 after buying an additional 2,044,315 shares in the last quarter. Finally, Epoch Investment Partners Inc. raised its stake in Vodafone Group PLC by 506.5% in the first quarter. Epoch Investment Partners Inc. now owns 2,288,402 shares of the cell phone carrier’s stock worth $60,482,000 after buying an additional 1,911,096 shares in the last quarter. 10.83% of the stock is currently owned by institutional investors.

Vodafone Group PLC (NASDAQ:VOD) opened at 29.03 on Wednesday. Vodafone Group PLC has a 1-year low of $24.17 and a 1-year high of $31.69.

The company also recently disclosed a semiannual dividend, which was paid on Friday, August 4th. Investors of record on Friday, June 9th were issued a $1.1234 dividend. This is a positive change from Vodafone Group PLC’s previous semiannual dividend of $0.56. This represents a yield of 7.74%. The ex-dividend date of this dividend was Wednesday, June 7th.

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A number of research firms have recently commented on VOD. Zacks Investment Research upgraded Vodafone Group PLC from a “hold” rating to a “strong-buy” rating and set a $32.00 price objective on the stock in a report on Tuesday, May 16th. Bank of America Corporation upgraded Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price objective on the stock in a report on Wednesday, August 9th. Argus upgraded Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Monday, June 12th. Sanford C. Bernstein upgraded Vodafone Group PLC from a “market perform” rating to an “outperform” rating in a report on Tuesday, May 30th. Finally, Standpoint Research downgraded Vodafone Group PLC from an “accumulate” rating to a “reduce” rating and set a $30.00 price objective on the stock. in a report on Thursday, June 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the company. Vodafone Group PLC currently has an average rating of “Buy” and a consensus 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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