Vodafone Group Public (NASDAQ:VOD) Downgraded by StockNews.com to “Hold”

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

VOD has been the topic of a number of other reports. Bank of America downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Finally, DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Vodafone Group Public currently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD opened at $9.36 on Monday. The firm has a market cap of $22.16 billion, a price-to-earnings ratio of 8.21, a PEG ratio of 0.66 and a beta of 0.75. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. The business’s 50 day moving average is $8.81 and its two-hundred day moving average is $9.05. Vodafone Group Public has a 52-week low of $8.00 and a 52-week high of $10.39.

Hedge Funds Weigh In On Vodafone Group Public

Institutional investors have recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its position 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 valued at $41,000 after purchasing an additional 1,899 shares during the period. GeoWealth Management LLC lifted its stake in Vodafone Group Public by 258.0% in the fourth quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock valued at $44,000 after buying an additional 3,733 shares during the last quarter. CoreCap Advisors LLC grew its position in shares of Vodafone Group Public by 509.7% during the fourth quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier’s stock worth $58,000 after acquiring an additional 5,709 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Vodafone Group Public by 912.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after acquiring an additional 6,500 shares during the period. Finally, Pacific Center for Financial Services boosted its stake in Vodafone Group Public by 33.0% during the 4th quarter. Pacific Center for Financial Services now owns 9,794 shares of the cell phone carrier’s stock valued at $83,000 after purchasing an additional 2,428 shares during the period. 7.84% of the stock is owned by institutional investors.

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.