Vodafone Group PLC (NASDAQ:VOD) saw a significant increase in short interest in the month of September. As of September 29th, there was short interest totalling 7,179,817 shares, an increase of 20.2% from the September 15th total of 5,973,634 shares. Based on an average daily volume of 2,482,087 shares, the short-interest ratio is currently 2.9 days.

Several equities research analysts recently weighed in on the company. UBS AG reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, October 2nd. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, July 31st. Bank of America Corporation raised Vodafone Group PLC from a “neutral” rating to a “buy” rating and set a $32.56 price target on the stock in a research note on Wednesday, August 9th. BidaskClub raised Vodafone Group PLC from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. Finally, Numis Securities Ltd assumed coverage on Vodafone Group PLC in a research note on Friday, July 14th. They issued an “add” rating on the stock. Two analysts have rated the stock with a sell rating, four have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $31.52.

Several large investors have recently made changes to their positions in the company. Diversified Trust Co increased its holdings in shares of Vodafone Group PLC by 0.4% in the 2nd quarter. Diversified Trust Co now owns 8,525 shares of the cell phone carrier’s stock valued at $245,000 after acquiring an additional 38 shares during the period. Alliancebernstein L.P. increased its holdings in shares of Vodafone Group PLC by 0.3% in the 2nd quarter. Alliancebernstein L.P. now owns 41,619 shares of the cell phone carrier’s stock valued at $1,196,000 after acquiring an additional 105 shares during the period. HPM Partners LLC increased its holdings in shares of Vodafone Group PLC by 1.5% in the 2nd quarter. HPM Partners LLC now owns 12,498 shares of the cell phone carrier’s stock valued at $359,000 after acquiring an additional 180 shares during the period. AlphaMark Advisors LLC increased its holdings in shares of Vodafone Group PLC by 2.5% in the 2nd quarter. AlphaMark Advisors LLC now owns 9,184 shares of the cell phone carrier’s stock valued at $264,000 after acquiring an additional 220 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in shares of Vodafone Group PLC by 4.1% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 6,137 shares of the cell phone carrier’s stock valued at $182,000 after acquiring an additional 241 shares during the period. Institutional investors and hedge funds own 10.21% of the company’s stock.

Shares of Vodafone Group PLC (NASDAQ VOD) opened at 28.78 on Thursday. The company’s market capitalization is $76.62 billion. The firm has a 50-day moving average price of $28.55 and a 200 day moving average price of $28.32. Vodafone Group PLC has a 12-month low of $24.17 and a 12-month high of $30.39.

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Vodafone Group PLC Company 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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