Vodafone Group Public Limited (NASDAQ:VOD) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Vodafone Group Public Limited (NASDAQ:VOD) have been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the firm, Marketbeat Ratings reports. Two 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.

Several equities analysts recently commented on VOD shares. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Wednesday, March 5th. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Finally, DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday.

Vodafone Group Public Stock Performance

VOD stock opened at $9.42 on Friday. The firm has a market cap of $23.92 billion, a price-to-earnings ratio of 8.26, a PEG ratio of 0.66 and a beta of 0.75. The firm has a 50-day simple moving average of $8.51 and a two-hundred day simple moving average of $9.07. Vodafone Group Public has a one year low of $8.00 and a one year 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.

Hedge Funds Weigh In On Vodafone Group Public

Institutional investors and hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC grew its position in shares of Vodafone Group Public by 63.7% during the fourth 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 in the last quarter. GeoWealth Management LLC lifted its stake in Vodafone Group Public by 258.0% during the fourth quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock worth $44,000 after purchasing an additional 3,733 shares during the last quarter. CoreCap Advisors LLC lifted its stake in 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 purchasing an additional 5,709 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Vodafone Group Public by 912.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after purchasing an additional 6,500 shares during the last quarter. Finally, Pacific Center for Financial Services lifted its stake in Vodafone Group Public by 33.0% during the fourth quarter. Pacific Center for Financial Services now owns 9,794 shares of the cell phone carrier’s stock worth $83,000 after purchasing an additional 2,428 shares during the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

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.