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

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

VOD has been the subject of several other reports. Bank of America cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, March 24th. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Vodafone Group Public in a research report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Vodafone Group Public presently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at $9.64 on Monday. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. Vodafone Group Public has a 52 week low of $8.00 and a 52 week high of $10.39. The stock has a market capitalization of $24.07 billion, a PE ratio of 8.46, a P/E/G ratio of 0.66 and a beta of 0.61. The firm has a 50 day moving average of $9.26 and a two-hundred day moving average of $8.87.

Institutional Investors Weigh In On Vodafone Group Public

Large investors have recently made changes to their positions in the business. Hazlett Burt & Watson Inc. increased its position in shares of Vodafone Group Public by 65.5% in the first quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 1,250 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in Vodafone Group Public during the 1st quarter valued at $31,000. NBC Securities Inc. increased its stake in Vodafone Group Public by 116,833.3% during the 1st quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier’s stock worth $32,000 after buying an additional 3,505 shares during the period. Smartleaf Asset Management LLC increased its stake in Vodafone Group Public by 63.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after buying an additional 1,899 shares during the period. Finally, GeoWealth Management LLC increased its stake in Vodafone Group Public by 258.0% during the 4th quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock worth $44,000 after buying an additional 3,733 shares during the period. Institutional investors and hedge funds own 7.84% of the company’s stock.

About Vodafone Group Public

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.