Baird Financial Group Inc. Has $8.80 Million Stake in Vodafone Group Plc (VOD)

Baird Financial Group Inc. decreased its stake in Vodafone Group Plc (NASDAQ:VOD) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,865 shares of the cell phone carrier’s stock after selling 9,002 shares during the period. Baird Financial Group Inc.’s holdings in Vodafone Group were worth $8,800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VOD. Fisher Asset Management LLC grew its holdings in Vodafone Group by 4.6% during the fourth quarter. Fisher Asset Management LLC now owns 25,957,027 shares of the cell phone carrier’s stock worth $828,029,000 after purchasing an additional 1,132,546 shares during the period. Wells Fargo & Company MN grew its holdings in Vodafone Group by 1.8% during the fourth quarter. Wells Fargo & Company MN now owns 8,016,824 shares of the cell phone carrier’s stock worth $255,736,000 after purchasing an additional 143,404 shares during the period. Dimensional Fund Advisors LP grew its holdings 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 worth $217,166,000 after purchasing an additional 386,931 shares during the period. Miller Howard Investments Inc. NY grew its holdings in Vodafone Group by 58.2% during the fourth quarter. Miller Howard Investments Inc. NY now owns 3,900,428 shares of the cell phone carrier’s stock worth $124,424,000 after purchasing an additional 1,434,846 shares during the period. Finally, Jennison Associates LLC grew its holdings in Vodafone Group by 15.7% during the fourth quarter. Jennison Associates LLC now owns 2,702,113 shares of the cell phone carrier’s stock worth $86,197,000 after purchasing an additional 367,586 shares during the period. Institutional investors own 10.35% of the company’s stock.

Shares of Vodafone Group Plc (VOD) opened at $28.96 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Vodafone Group Plc has a 1 year low of $24.97 and a 1 year high of $32.75.

A number of equities analysts recently commented on the company. BidaskClub upgraded Vodafone Group from a “hold” rating to a “buy” rating in a report on Tuesday, January 9th. Raymond James Financial upgraded Vodafone Group from a “market perform” rating to a “strong-buy” rating in a report on Wednesday, January 17th. Zacks Investment Research cut Vodafone Group from a “buy” rating to a “hold” rating in a report on Sunday, January 21st. Barclays upgraded Vodafone Group from an “equal weight” rating to an “overweight” rating in a report on Friday, December 8th. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of Vodafone Group in a report on Thursday, November 23rd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Vodafone Group presently has a consensus rating of “Buy” and an average price target of $33.32.

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Vodafone Group Profile

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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