Berkeley Capital Partners LLC cut its stake in Vodafone Group PLC (NASDAQ:VOD) by 34.7% during the second quarter, Holdings Channel reports. The fund owned 36,197 shares of the cell phone carrier’s stock after selling 19,253 shares during the period. Berkeley Capital Partners LLC’s holdings in Vodafone Group PLC were worth $1,040,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. CORDA Investment Management LLC. boosted its stake in Vodafone Group PLC by 7.6% in the first quarter. CORDA Investment Management LLC. now owns 662,097 shares of the cell phone carrier’s stock valued at $17,499,000 after buying an additional 46,875 shares during the last quarter. Beech Hill Advisors Inc. purchased a new stake in Vodafone Group PLC during the first quarter valued at $3,715,000. North Star Investment Management Corp. boosted its stake in Vodafone Group PLC by 17.9% in the first quarter. North Star Investment Management Corp. now owns 94,405 shares of the cell phone carrier’s stock valued at $2,495,000 after buying an additional 14,317 shares during the last quarter. Trust Department MB Financial Bank N A boosted its stake in Vodafone Group PLC by 123.8% in the first quarter. Trust Department MB Financial Bank N A now owns 9,154 shares of the cell phone carrier’s stock valued at $242,000 after buying an additional 5,064 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. boosted its stake in Vodafone Group PLC by 3.2% in the first quarter. Mraz Amerine & Associates Inc. now owns 22,376 shares of the cell phone carrier’s stock valued at $586,000 after buying an additional 700 shares during the last quarter. 10.88% of the stock is currently owned by institutional investors.

Vodafone Group PLC (NASDAQ VOD) opened at 29.00 on Friday. Vodafone Group PLC has a 12-month low of $24.17 and a 12-month high of $31.69.

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

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Several analysts have weighed in on VOD shares. Numis Securities Ltd started coverage on Vodafone Group PLC in a research report on Friday, July 14th. They set an “add” rating on the stock. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research report on Monday, July 31st. BidaskClub raised Vodafone Group PLC from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Argus raised Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Monday, June 12th. Finally, Bank of America Corporation raised Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price objective on the stock in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $31.64.

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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