Vodafone Group Plc (VOD) Stake Lifted by First Allied Advisory Services Inc.

First Allied Advisory Services Inc. lifted its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 9.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,508 shares of the cell phone carrier’s stock after acquiring an additional 8,674 shares during the period. First Allied Advisory Services Inc.’s holdings in Vodafone Group were worth $3,140,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Alliancebernstein L.P. increased its position in Vodafone Group by 0.3% during the 2nd quarter. Alliancebernstein L.P. now owns 41,619 shares of the cell phone carrier’s stock worth $1,196,000 after purchasing an additional 105 shares in the last quarter. Toronto Dominion Bank increased its position in Vodafone Group by 2.8% during the 2nd quarter. Toronto Dominion Bank now owns 18,781 shares of the cell phone carrier’s stock worth $540,000 after purchasing an additional 514 shares in the last quarter. Advisory Services Network LLC increased its position in Vodafone Group by 21.0% during the 2nd quarter. Advisory Services Network LLC now owns 4,433 shares of the cell phone carrier’s stock worth $127,000 after purchasing an additional 768 shares in the last quarter. Bremer Trust National Association increased its position in Vodafone Group by 11.9% during the 4th quarter. Bremer Trust National Association now owns 15,908 shares of the cell phone carrier’s stock worth $508,000 after purchasing an additional 1,698 shares in the last quarter. Finally, American International Group Inc. increased its position in Vodafone Group by 7.0% during the 3rd quarter. American International Group Inc. now owns 26,250 shares of the cell phone carrier’s stock worth $747,000 after purchasing an additional 1,709 shares in the last quarter. Institutional investors and hedge funds own 10.36% of the company’s stock.

Shares of Vodafone Group Plc (NASDAQ:VOD) opened at $28.98 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Vodafone Group Plc has a 1 year low of $24.80 and a 1 year high of $32.75.

A number of analysts recently issued reports on the stock. BidaskClub downgraded shares of Vodafone Group from a “buy” rating to a “hold” rating in a research report on Thursday, January 18th. Bank of America reissued a “buy” rating and set a $37.26 target price on shares of Vodafone Group in a research report on Monday, February 5th. Numis Securities raised shares of Vodafone Group from an “add” rating to a “buy” rating in a research report on Monday, February 5th. Zacks Investment Research downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Finally, Raymond James Financial raised shares of Vodafone Group from a “market perform” rating to a “strong-buy” rating in a research report on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Vodafone Group currently has an average rating of “Buy” and a consensus target price of $33.32.

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About Vodafone Group

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 (NASDAQ:VOD)

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