Institute for Wealth Management LLC. bought a new stake in shares of Vodafone Group PLC (NASDAQ:VOD) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,418 shares of the cell phone carrier’s stock, valued at approximately $213,000.

Several other large investors have also bought and sold shares of VOD. Fisher Asset Management LLC boosted its holdings in Vodafone Group PLC by 90.8% in the 2nd quarter. Fisher Asset Management LLC now owns 23,702,619 shares of the cell phone carrier’s stock worth $680,976,000 after acquiring an additional 11,281,706 shares during the period. Hotchkis & Wiley Capital Management LLC grew its position in Vodafone Group PLC by 4.5% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 16,976,277 shares of the cell phone carrier’s stock valued at $448,683,000 after acquiring an additional 725,117 shares in the last quarter. Bank of America Corp DE grew its position 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 valued at $300,528,000 after acquiring an additional 2,044,315 shares in the last quarter. Federated Investors Inc. PA grew its position in Vodafone Group PLC by 5.4% in 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 acquiring an additional 492,968 shares in the last quarter. Finally, FMR LLC grew its position 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 valued at $153,013,000 after acquiring an additional 2,299,529 shares in the last quarter. Institutional investors and hedge funds own 10.21% of the company’s stock.

Vodafone Group PLC (VOD) traded down 0.0060% on Wednesday, reaching $28.3983. The company’s stock had a trading volume of 390,345 shares. Vodafone Group PLC has a 52 week low of $24.17 and a 52 week high of $30.39.

Several brokerages have recently weighed in on VOD. BidaskClub upgraded Vodafone Group PLC from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th. UBS AG reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research report on Monday. J P Morgan Chase & Co reiterated a “buy” rating on shares of Vodafone Group PLC in a research note on Wednesday, June 14th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Vodafone Group PLC in a research note on Friday, June 16th. Finally, Bank of America Corporation raised Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price target for the company in a report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $31.64.

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About Vodafone Group PLC

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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