Vodafone Group PLC (VOD) Stake Cut by Beck Mack & Oliver LLC

Beck Mack & Oliver LLC cut its position in shares of Vodafone Group PLC (NASDAQ:VOD) by 17.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,839 shares of the cell phone carrier’s stock after selling 1,636 shares during the period. Beck Mack & Oliver LLC’s holdings in Vodafone Group PLC were worth $225,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. CORDA Investment Management LLC. raised its position in shares of Vodafone Group PLC by 7.6% in the first quarter. CORDA Investment Management LLC. now owns 662,097 shares of the cell phone carrier’s stock worth $17,499,000 after buying an additional 46,875 shares in the last quarter. Beech Hill Advisors Inc. acquired a new position in shares of Vodafone Group PLC during the first quarter worth $3,715,000. North Star Investment Management Corp. raised its position in shares of Vodafone Group PLC by 17.9% in the first quarter. North Star Investment Management Corp. now owns 94,405 shares of the cell phone carrier’s stock worth $2,495,000 after buying an additional 14,317 shares in the last quarter. Trust Department MB Financial Bank N A raised its position in shares of Vodafone Group PLC by 123.8% in the first quarter. Trust Department MB Financial Bank N A now owns 9,154 shares of the cell phone carrier’s stock worth $242,000 after buying an additional 5,064 shares in the last quarter. Finally, Mraz Amerine & Associates Inc. raised its position in shares of Vodafone Group PLC by 3.2% in the first quarter. Mraz Amerine & Associates Inc. now owns 22,376 shares of the cell phone carrier’s stock worth $586,000 after buying an additional 700 shares in the last quarter. 10.83% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Vodafone Group PLC (NASDAQ VOD) opened at 28.55 on Friday. Vodafone Group PLC has a one year low of $24.17 and a one year high of $31.67.

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A number of brokerages have weighed in on VOD. Barclays PLC lowered Vodafone Group PLC from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 19th. BidaskClub lowered Vodafone Group PLC from a “strong-buy” rating to a “buy” rating in a research note on Friday. J P Morgan Chase & Co reissued a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, July 31st. Bank of America Corporation raised Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price target on the stock in a research note on Wednesday, August 9th. Finally, Numis Securities Ltd initiated coverage on Vodafone Group PLC in a research note on Friday, July 14th. They set an “add” rating on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. The stock currently 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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