Whittier Trust Co. Has $162,000 Stake in Vodafone Group Plc (NASDAQ:VOD)

Whittier Trust Co. grew its stake in Vodafone Group Plc (NASDAQ:VOD) by 58.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,145 shares of the cell phone carrier’s stock after purchasing an additional 2,997 shares during the period. Whittier Trust Co.’s holdings in Vodafone Group were worth $162,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC boosted its position in shares of Vodafone Group by 0.8% during the 1st quarter. FMR LLC now owns 339,440 shares of the cell phone carrier’s stock valued at $6,171,000 after acquiring an additional 2,851 shares in the last quarter. Thomasville National Bank boosted its position in shares of Vodafone Group by 16.6% during the 2nd quarter. Thomasville National Bank now owns 34,893 shares of the cell phone carrier’s stock valued at $570,000 after acquiring an additional 4,963 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of Vodafone Group by 4.5% during the 2nd quarter. Fulton Bank N.A. now owns 78,993 shares of the cell phone carrier’s stock valued at $1,290,000 after acquiring an additional 3,366 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in shares of Vodafone Group by 43.9% during the 2nd quarter. Foundations Investment Advisors LLC now owns 51,958 shares of the cell phone carrier’s stock valued at $857,000 after acquiring an additional 15,848 shares in the last quarter. Finally, Zions Bancorporation N.A. boosted its position in shares of Vodafone Group by 9.8% during the 2nd quarter. Zions Bancorporation N.A. now owns 52,072 shares of the cell phone carrier’s stock valued at $850,000 after acquiring an additional 4,664 shares in the last quarter. Institutional investors own 7.95% of the company’s stock.

Several brokerages have recently weighed in on VOD. Macquarie lifted their target price on shares of Vodafone Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. BNP Paribas raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 11th. BidaskClub raised shares of Vodafone Group from a “hold” rating to a “buy” rating in a report on Thursday, October 10th. Morgan Stanley assumed coverage on shares of Vodafone Group in a report on Wednesday, August 7th. They set an “overweight” rating for the company. Finally, Credit Suisse Group reissued a “buy” rating and set a $190.00 price target on shares of Vodafone Group in a report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $74.25.

VOD stock traded down $0.34 during trading on Thursday, hitting $20.62. 75,903 shares of the stock traded hands, compared to its average volume of 3,155,937. Vodafone Group Plc has a one year low of $15.53 and a one year high of $21.73. The stock has a market cap of $55.56 billion, a price-to-earnings ratio of 34.39, a P/E/G ratio of 1.31 and a beta of 0.80. The company has a 50 day simple moving average of $19.84 and a 200 day simple moving average of $17.92. The company has a current ratio of 1.55, a quick ratio of 1.52 and a debt-to-equity ratio of 0.77.

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.

Featured Story: What is quantitative easing?

Want to see what other hedge funds are holding VOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vodafone Group Plc (NASDAQ:VOD).

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

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