Hanson & Doremus Investment Management trimmed its stake in Vodafone Group Plc (NASDAQ:VOD) by 1.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 79,102 shares of the cell phone carrier’s stock after selling 1,208 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Vodafone Group were worth $1,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of VOD. Winslow Evans & Crocker Inc. raised its position in Vodafone Group by 4.4% during the first quarter. Winslow Evans & Crocker Inc. now owns 13,504 shares of the cell phone carrier’s stock valued at $248,000 after acquiring an additional 564 shares in the last quarter. Keystone Financial Group raised its position in Vodafone Group by 3.5% during the first quarter. Keystone Financial Group now owns 17,831 shares of the cell phone carrier’s stock valued at $324,000 after acquiring an additional 603 shares in the last quarter. Klingenstein Fields & Co. LLC raised its position in Vodafone Group by 1.2% during the first quarter. Klingenstein Fields & Co. LLC now owns 54,412 shares of the cell phone carrier’s stock valued at $989,000 after acquiring an additional 647 shares in the last quarter. Kistler Tiffany Companies LLC raised its position in Vodafone Group by 35.7% during the first quarter. Kistler Tiffany Companies LLC now owns 2,872 shares of the cell phone carrier’s stock valued at $52,000 after acquiring an additional 755 shares in the last quarter. Finally, Advisory Services Network LLC raised its position in Vodafone Group by 8.7% during the first quarter. Advisory Services Network LLC now owns 10,867 shares of the cell phone carrier’s stock valued at $198,000 after acquiring an additional 869 shares in the last quarter. 7.93% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on the stock. BidaskClub lowered shares of Boingo Wireless from a “sell” rating to a “strong sell” rating in a research report on Monday, June 10th. HSBC reaffirmed a “hold” rating on shares of MARKS & SPENCER/S in a research report on Friday, May 24th. Finally, Zacks Investment Research lowered shares of Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, five have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $23.30.

Shares of NASDAQ:VOD traded up $1.87 during trading on Friday, reaching $18.25. The stock had a trading volume of 10,525,728 shares, compared to its average volume of 3,263,815. Vodafone Group Plc has a 52 week low of $15.53 and a 52 week high of $24.97. The stock has a market capitalization of $43.69 billion, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 1.27 and a beta of 0.81. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.55 and a quick ratio of 1.52. The firm’s fifty day moving average is $16.30.

The company also recently declared a dividend, which will be paid on Friday, August 2nd. Stockholders of record on Friday, June 7th will be given a $0.454 dividend. The ex-dividend date is Thursday, June 6th. Vodafone Group’s dividend payout ratio is 151.67%.

Vodafone Group Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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

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