Blume Capital Management Inc. increased its position in shares of Vodafone Group PLC (NASDAQ:VOD) by 351.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,490 shares of the cell phone carrier’s stock after buying an additional 39,300 shares during the period. Vodafone Group PLC accounts for about 0.8% of Blume Capital Management Inc.’s investment portfolio, making the stock its 29th largest position. Blume Capital Management Inc.’s holdings in Vodafone Group PLC were worth $1,451,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Bronfman E.L. Rothschild L.P. raised its position in shares of Vodafone Group PLC by 68.6% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 3,862 shares of the cell phone carrier’s stock valued at $102,000 after buying an additional 1,571 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in shares of Vodafone Group PLC by 239.5% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 4,217 shares of the cell phone carrier’s stock valued at $111,000 after buying an additional 2,975 shares in the last quarter. Pacific Center for Financial Services raised its position in shares of Vodafone Group PLC by 9.9% in the first quarter. Pacific Center for Financial Services now owns 5,018 shares of the cell phone carrier’s stock valued at $133,000 after buying an additional 452 shares in the last quarter. Perigon Wealth Management LLC acquired a new position in shares of Vodafone Group PLC during the first quarter valued at $147,000. Finally, Pacer Advisors Inc. acquired a new position in shares of Vodafone Group PLC during the second quarter valued at $161,000. Institutional investors and hedge funds own 10.83% of the company’s stock.

Shares of Vodafone Group PLC (NASDAQ:VOD) traded up 0.49% on Friday, hitting $28.71. The stock had a trading volume of 1,998,184 shares. Vodafone Group PLC has a one year low of $24.17 and a one year high of $31.12.

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VOD has been the subject of several recent analyst reports. Standpoint Research lowered Vodafone Group PLC from an “accumulate” rating to a “reduce” rating and set a $30.00 price target for the company. in a research note on Thursday, June 1st. Argus upgraded Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a research note on Monday, June 12th. Numis Securities Ltd initiated coverage on Vodafone Group PLC in a research note on Friday, July 14th. They issued an “add” rating for the company. J P Morgan Chase & Co restated a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, July 31st. Finally, Barclays PLC lowered Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Vodafone Group PLC has a consensus rating of “Buy” and a consensus target price 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.

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

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