CORDA Investment Management LLC. Acquires 35,282 Shares of Vodafone Group PLC (NASDAQ:VOD)

CORDA Investment Management LLC. boosted its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 5.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 697,379 shares of the cell phone carrier’s stock after acquiring an additional 35,282 shares during the quarter. Vodafone Group PLC accounts for 2.8% of CORDA Investment Management LLC.’s holdings, making the stock its 11th largest position. CORDA Investment Management LLC.’s holdings in Vodafone Group PLC were worth $20,035,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VOD. Fisher Asset Management LLC increased its position in shares of Vodafone Group PLC by 90.8% in the second quarter. Fisher Asset Management LLC now owns 23,702,619 shares of the cell phone carrier’s stock valued at $680,976,000 after buying an additional 11,281,706 shares in the last quarter. BlackRock Inc. increased its position in shares of 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 valued at $114,716,000 after buying an additional 4,290,072 shares in the last quarter. FMR LLC increased its position in shares of 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 buying an additional 2,299,529 shares in the last quarter. Bank of America Corp DE increased its position in shares of 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 buying an additional 2,044,315 shares in the last quarter. Finally, Epoch Investment Partners Inc. increased its position in shares of 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 valued at $60,482,000 after buying an additional 1,911,096 shares in the last quarter. Institutional investors own 10.21% of the company’s stock.

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Vodafone Group PLC (NASDAQ VOD) traded down 0.31% during midday trading on Friday, hitting $28.50. The company had a trading volume of 3,880,040 shares. Vodafone Group PLC has a 52-week low of $24.17 and a 52-week high of $30.39. The stock has a 50 day moving average of $28.99 and a 200 day moving average of $27.96. The firm’s market cap is $75.87 billion.

A number of analysts have recently commented on VOD shares. Barclays PLC cut Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a research report on Friday, May 19th. Sanford C. Bernstein raised Vodafone Group PLC from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 30th. Standpoint Research lowered Vodafone Group PLC from an “accumulate” rating to a “reduce” rating and set a $30.00 price target on the stock. in a research note on Thursday, June 1st. BidaskClub lowered Vodafone Group PLC from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, Argus raised Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Monday, June 12th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. The stock 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.

Institutional Ownership by Quarter for Vodafone Group PLC (NASDAQ:VOD)

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