Vodafone Group Plc (VOD) Holdings Boosted by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its holdings in shares of Vodafone Group Plc (NASDAQ:VOD) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,016,824 shares of the cell phone carrier’s stock after buying an additional 143,404 shares during the quarter. Wells Fargo & Company MN owned approximately 0.30% of Vodafone Group worth $255,736,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Alliancebernstein L.P. grew its position in shares of Vodafone Group by 0.3% in the second quarter. Alliancebernstein L.P. now owns 41,619 shares of the cell phone carrier’s stock valued at $1,196,000 after purchasing an additional 105 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Vodafone Group by 975.0% in the second quarter. Janus Henderson Group PLC now owns 118,255 shares of the cell phone carrier’s stock valued at $3,398,000 after purchasing an additional 107,255 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Vodafone Group in the second quarter valued at approximately $405,000. The Manufacturers Life Insurance Company grew its position in shares of Vodafone Group by 3,780.4% in the second quarter. The Manufacturers Life Insurance Company now owns 280,088 shares of the cell phone carrier’s stock valued at $8,047,000 after purchasing an additional 272,870 shares during the last quarter. Finally, Advisory Services Network LLC grew its position in shares of Vodafone Group by 21.0% in the second quarter. Advisory Services Network LLC now owns 4,433 shares of the cell phone carrier’s stock valued at $127,000 after purchasing an additional 768 shares during the last quarter. 10.36% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Vodafone Group Plc (NASDAQ:VOD) opened at $28.98 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46. Vodafone Group Plc has a 12 month low of $24.80 and a 12 month high of $32.75.

Several equities analysts have recently commented on the company. Bank of America reaffirmed a “buy” rating and issued a $37.26 target price on shares of Vodafone Group in a research report on Monday, February 5th. Numis Securities raised Vodafone Group from an “add” rating to a “buy” rating in a research report on Monday, February 5th. Zacks Investment Research downgraded Vodafone Group from a “buy” rating to a “hold” rating in a research report on Sunday, January 21st. BidaskClub cut Vodafone Group from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. Finally, Raymond James Financial upgraded Vodafone Group from a “market perform” rating to a “strong-buy” rating in a research note on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock 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.

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

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