Ameriprise Financial Inc. Boosts Position in Vodafone Group Plc (VOD)

Ameriprise Financial Inc. raised its stake in shares of Vodafone Group Plc (NASDAQ:VOD) by 2.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,675,414 shares of the cell phone carrier’s stock after buying an additional 66,641 shares during the period. Ameriprise Financial Inc. owned approximately 0.10% of Vodafone Group Plc worth $70,681,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of VOD. Fisher Asset Management LLC purchased a new position in shares of Vodafone Group Plc during the first quarter worth approximately $328,285,000. Hotchkis & Wiley Capital Management LLC raised its position in shares of Vodafone Group Plc by 31.0% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 16,251,160 shares of the cell phone carrier’s stock worth $397,016,000 after buying an additional 3,848,108 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Vodafone Group Plc by 60.8% in the fourth quarter. Renaissance Technologies LLC now owns 8,392,856 shares of the cell phone carrier’s stock worth $205,037,000 after buying an additional 3,173,700 shares during the last quarter. Highfields Capital Management LP raised its position in shares of Vodafone Group Plc by 676.5% in the fourth quarter. Highfields Capital Management LP now owns 2,537,817 shares of the cell phone carrier’s stock worth $61,999,000 after buying an additional 2,211,000 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Vodafone Group Plc by 7.0% in the third quarter. Price T Rowe Associates Inc. MD now owns 23,474,587 shares of the cell phone carrier’s stock worth $684,284,000 after buying an additional 1,526,590 shares during the last quarter. 9.59% of the stock is owned by institutional investors.

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

Vodafone Group Plc (NASDAQ:VOD) traded up 0.59% on Friday, reaching $29.18. The company’s stock had a trading volume of 4,601,768 shares. The company has a 50-day moving average price of $26.58 and a 200 day moving average price of $25.80. Vodafone Group Plc has a 12 month low of $24.17 and a 12 month high of $34.70. The company’s market cap is $81.63 billion.

The business also recently announced a semiannual dividend, which will be paid on Friday, August 4th. Stockholders of record on Friday, June 9th will be given a dividend of $1.1234 per share. This represents a dividend yield of 7.74%. This is an increase from Vodafone Group Plc’s previous semiannual dividend of $0.56. The ex-dividend date is Wednesday, June 7th.

TRADEMARK VIOLATION NOTICE: “Ameriprise Financial Inc. Boosts Position in Vodafone Group Plc (VOD)” was originally published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this piece on another website, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this piece can be read at https://www.chaffeybreeze.com/2017/05/19/ameriprise-financial-inc-boosts-position-in-vodafone-group-plc-vod.html.

VOD has been the subject of a number of recent research reports. Zacks Investment Research lowered Vodafone Group Plc from a “hold” rating to a “sell” rating in a research note on Tuesday, March 14th. Barclays PLC lowered Vodafone Group Plc from an “overweight” rating to an “equal weight” rating in a research note on Friday. Goldman Sachs Group Inc upgraded Vodafone Group Plc from a “buy” rating to a “conviction-buy” rating in a research note on Wednesday, March 8th. Bank of America Corp lowered Vodafone Group Plc from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 25th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Vodafone Group Plc in a research note on Tuesday, January 31st. Eight equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $30.76.

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.

5 Day Chart for NASDAQ:VOD

Receive News & Ratings for Vodafone Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply