Nationwide Fund Advisors cut its holdings in Vodafone Group PLC (NASDAQ:VOD) by 27.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,173 shares of the cell phone carrier’s stock after selling 57,885 shares during the period. Nationwide Fund Advisors’ holdings in Vodafone Group PLC were worth $4,458,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VOD. Marble Harbor Investment Counsel LLC boosted its holdings in Vodafone Group PLC by 3.4% during the second quarter. Marble Harbor Investment Counsel LLC now owns 263,159 shares of the cell phone carrier’s stock valued at $7,561,000 after acquiring an additional 8,768 shares during the period. Columbia Asset Management boosted its holdings in Vodafone Group PLC by 47.5% during the second quarter. Columbia Asset Management now owns 24,662 shares of the cell phone carrier’s stock valued at $708,000 after acquiring an additional 7,942 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in Vodafone Group PLC by 0.7% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 93,723 shares of the cell phone carrier’s stock valued at $2,693,000 after acquiring an additional 616 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Vodafone Group PLC by 39.6% during the second quarter. Oppenheimer & Co. Inc. now owns 204,080 shares of the cell phone carrier’s stock valued at $5,863,000 after acquiring an additional 57,917 shares during the period. Finally, Aperio Group LLC boosted its holdings in Vodafone Group PLC by 21.7% during the second quarter. Aperio Group LLC now owns 537,639 shares of the cell phone carrier’s stock valued at $15,446,000 after acquiring an additional 95,901 shares during the period. Hedge funds and other institutional investors own 10.21% of the company’s stock.

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VOD has been the subject of a number of recent analyst reports. Numis Securities Ltd initiated coverage on shares of Vodafone Group PLC in a report on Friday, July 14th. They set an “add” rating for the company. J P Morgan Chase & Co restated a “buy” rating on shares of Vodafone Group PLC in a report on Monday, July 31st. BidaskClub upgraded shares of Vodafone Group PLC from a “hold” rating to a “buy” rating in a report on Sunday, July 16th. Bank of America Corporation upgraded shares of 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. Finally, Argus upgraded shares of Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a report on Monday, June 12th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $31.52.

Vodafone Group PLC (NASDAQ:VOD) opened at 28.07 on Friday. Vodafone Group PLC has a 12 month low of $24.17 and a 12 month high of $30.39.

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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