Vodafone Group Public (NASDAQ:VOD) Upgraded at StockNews.com

StockNews.com upgraded shares of Vodafone Group Public (NASDAQ:VOD) from a hold rating to a buy rating in a research note published on Friday morning.

VOD has been the topic of a number of other research reports. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Shares of NASDAQ VOD opened at $9.55 on Friday. The stock has a market capitalization of $22.61 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 0.66 and a beta of 0.75. Vodafone Group Public has a 12 month low of $8.00 and a 12 month high of $10.39. The firm’s 50 day simple moving average is $8.60 and its 200-day simple moving average is $9.06. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Apollon Wealth Management LLC raised its holdings in Vodafone Group Public by 7.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock valued at $171,000 after buying an additional 1,204 shares during the period. Aptus Capital Advisors LLC purchased a new stake in Vodafone Group Public in the 3rd quarter valued at about $150,000. MQS Management LLC purchased a new stake in Vodafone Group Public in the 3rd quarter valued at about $236,000. Empowered Funds LLC raised its holdings in Vodafone Group Public by 3.0% in the 3rd quarter. Empowered Funds LLC now owns 290,057 shares of the cell phone carrier’s stock valued at $2,906,000 after buying an additional 8,388 shares during the period. Finally, Natixis Advisors LLC raised its holdings in Vodafone Group Public by 46.0% in the 3rd quarter. Natixis Advisors LLC now owns 151,771 shares of the cell phone carrier’s stock valued at $1,521,000 after buying an additional 47,788 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.