Vodafone Group Public (NASDAQ:VOD) Stock Rating Upgraded by StockNews.com

Vodafone Group Public (NASDAQ:VOD) was upgraded by equities researchers 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 equities analysts also recently weighed in on VOD. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Vodafone Group Public has an average rating of “Moderate Buy”.

Vodafone Group Public Price Performance

VOD stock opened at $9.50 on Friday. Vodafone Group Public has a 1 year low of $8.00 and a 1 year high of $10.39. The firm has a 50-day moving average of $8.58 and a 200 day moving average of $9.07. The company has a market cap of $24.12 billion, a P/E ratio of 8.33, a PEG ratio of 0.66 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Hedge Funds Weigh In On Vodafone Group Public

Hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC lifted its position in shares of Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after purchasing an additional 1,899 shares during the period. GeoWealth Management LLC lifted its position in shares of Vodafone Group Public by 258.0% in the 4th 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 period. CoreCap Advisors LLC lifted its position in shares of Vodafone Group Public by 509.7% in the 4th 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 period. Parkside Financial Bank & Trust lifted its position 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 valued at $61,000 after acquiring an additional 6,500 shares during the last quarter. Finally, Pacific Center for Financial Services lifted its position 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 valued at $83,000 after acquiring an additional 2,428 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors.

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.