Vodafone Group Public (NASDAQ:VOD) Raised to “Buy” at StockNews.com

Vodafone Group Public (NASDAQ:VOD) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other brokerages have also issued reports on VOD. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Bank of America cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, March 24th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Vodafone Group Public currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Trading Up 1.6 %

NASDAQ VOD opened at $9.31 on Friday. The firm’s 50 day moving average price is $8.98 and its two-hundred day moving average price is $8.90. The stock has a market cap of $22.05 billion, a price-to-earnings ratio of 8.17, a PEG ratio of 0.66 and a beta of 0.58. Vodafone Group Public has a twelve month low of $8.00 and a twelve month high of $10.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37.

Institutional Investors Weigh In On Vodafone Group Public

Several institutional investors and hedge funds have recently modified their holdings of the business. Lester Murray Antman dba SimplyRich bought a new position in Vodafone Group Public during the fourth quarter valued at about $295,000. Atria Investments Inc raised its stake in shares of Vodafone Group Public by 8.7% in the 4th quarter. Atria Investments Inc now owns 842,286 shares of the cell phone carrier’s stock valued at $7,151,000 after acquiring an additional 67,086 shares in the last quarter. Allworth Financial LP lifted its holdings in Vodafone Group Public by 9.0% in the 4th quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier’s stock worth $227,000 after purchasing an additional 2,246 shares during the last quarter. Park Avenue Securities LLC grew its holdings in Vodafone Group Public by 16.1% during the fourth quarter. Park Avenue Securities LLC now owns 31,173 shares of the cell phone carrier’s stock valued at $265,000 after purchasing an additional 4,332 shares during the last quarter. Finally, FNY Investment Advisers LLC raised its position in shares of Vodafone Group Public by 62,900.0% in the fourth quarter. FNY Investment Advisers LLC now owns 63,000 shares of the cell phone carrier’s stock valued at $534,000 after purchasing an additional 62,900 shares during the period. Institutional investors and hedge funds 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.