Brown Advisory Inc. Purchases 9,339 Shares of Vodafone Group Plc (NASDAQ:VOD)

Brown Advisory Inc. increased its holdings in shares of Vodafone Group Plc (NASDAQ:VOD) by 27.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,635 shares of the cell phone carrier’s stock after purchasing an additional 9,339 shares during the period. Brown Advisory Inc.’s holdings in Vodafone Group were worth $841,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Renaissance Technologies LLC increased its holdings in shares of Vodafone Group by 68.0% in the 3rd quarter. Renaissance Technologies LLC now owns 10,987,256 shares of the cell phone carrier’s stock valued at $238,423,000 after purchasing an additional 4,448,570 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vodafone Group by 351.4% during the third quarter. Bank of New York Mellon Corp now owns 1,292,661 shares of the cell phone carrier’s stock worth $28,049,000 after buying an additional 1,006,279 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Vodafone Group by 129.6% during the third quarter. Deutsche Bank AG now owns 1,685,578 shares of the cell phone carrier’s stock worth $36,572,000 after buying an additional 951,310 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Vodafone Group during the third quarter worth about $7,825,000. Finally, Federated Investors Inc. PA grew its holdings in shares of Vodafone Group by 4.9% during the third quarter. Federated Investors Inc. PA now owns 7,414,509 shares of the cell phone carrier’s stock worth $160,894,000 after buying an additional 343,108 shares in the last quarter. Hedge funds and other institutional investors own 8.35% of the company’s stock.

Shares of NASDAQ:VOD traded up $0.27 during midday trading on Monday, reaching $18.61. The company had a trading volume of 3,582,706 shares, compared to its average volume of 5,090,017. The company has a current ratio of 1.30, a quick ratio of 1.27 and a debt-to-equity ratio of 0.70. Vodafone Group Plc has a one year low of $17.05 and a one year high of $30.20. The firm has a market cap of $48.92 billion, a PE ratio of 13.68, a price-to-earnings-growth ratio of 1.76 and a beta of 0.72.

VOD has been the subject of a number of recent research reports. Kepler Capital Markets upgraded shares of Vodafone Group from a “reduce” rating to a “buy” rating in a report on Monday, January 28th. BidaskClub raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a research report on Saturday, March 16th. Zacks Investment Research raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a research report on Saturday, February 9th. Royal Bank of Canada cut shares of Vodafone Group from an “outperform” rating to an “underperform” rating in a research report on Tuesday, January 8th. Finally, Macquarie raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, March 20th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Vodafone Group has an average rating of “Buy” and an average price target of $25.13.

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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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