Atlantic Trust Group LLC Raises Position in Vodafone Group PLC (VOD)

Atlantic Trust Group LLC increased its stake in shares of Vodafone Group PLC (NASDAQ:VOD) by 18.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 84,664 shares of the cell phone carrier’s stock after acquiring an additional 13,241 shares during the quarter. Atlantic Trust Group LLC’s holdings in Vodafone Group were worth $2,409,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Fisher Asset Management LLC boosted its position in shares of Vodafone Group by 4.7% during the third quarter. Fisher Asset Management LLC now owns 24,824,481 shares of the cell phone carrier’s stock worth $706,505,000 after acquiring an additional 1,121,862 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Vodafone Group by 5.3% during the third quarter. Dimensional Fund Advisors LP now owns 7,630,584 shares of the cell phone carrier’s stock valued at $217,166,000 after purchasing an additional 386,931 shares in the last quarter. Renaissance Technologies LLC raised its stake in Vodafone Group by 9.0% during the second quarter. Renaissance Technologies LLC now owns 5,641,400 shares of the cell phone carrier’s stock valued at $162,077,000 after purchasing an additional 467,200 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Vodafone Group by 21.3% during the second quarter. Ameriprise Financial Inc. now owns 3,244,439 shares of the cell phone carrier’s stock valued at $93,255,000 after purchasing an additional 569,025 shares in the last quarter. Finally, Northern Trust Corp raised its stake in Vodafone Group by 6.9% during the second quarter. Northern Trust Corp now owns 3,181,273 shares of the cell phone carrier’s stock valued at $91,399,000 after purchasing an additional 205,667 shares in the last quarter. Hedge funds and other institutional investors own 10.23% of the company’s stock.

Vodafone Group PLC (NASDAQ VOD) opened at $31.93 on Friday. The company has a market cap of $83,670.00, a PE ratio of -86.30, a P/E/G ratio of 2.43 and a beta of 0.95. Vodafone Group PLC has a 12 month low of $24.31 and a 12 month high of $31.98. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46.

The business also recently declared a semiannual dividend, which will be paid on Friday, February 2nd. Investors of record on Friday, November 24th will be paid a $0.5642 dividend. This represents a yield of 3.68%. The ex-dividend date is Wednesday, November 22nd. Vodafone Group’s dividend payout ratio is presently -310.81%.

VOD has been the topic of a number of recent research reports. Goldman Sachs Group reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Thursday, November 23rd. Zacks Investment Research raised shares of Vodafone Group from a “sell” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Friday, November 17th. UBS Group reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Monday, October 2nd. BidaskClub raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a research note on Thursday, October 19th. Finally, Barclays raised shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $32.14.

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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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