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

StockNews.com upgraded shares of Vodafone Group Public (NASDAQ:VOD) from a hold rating to a buy rating in a research note released on Friday.

A number of other analysts have also recently commented on the company. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Two research 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Vodafone Group Public stock opened at $9.55 on Friday. Vodafone Group Public has a 12 month low of $8.00 and a 12 month high of $10.39. The stock has a market capitalization of $22.61 billion, a PE ratio of 8.38, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The business has a 50 day simple moving average of $8.60 and a 200-day simple moving average of $9.06. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VOD. Apollon Wealth Management LLC lifted its holdings in shares of Vodafone Group Public by 7.6% in the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock valued at $171,000 after buying an additional 1,204 shares during the period. DRW Securities LLC lifted its holdings in shares of Vodafone Group Public by 2.2% in the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier’s stock valued at $664,000 after buying an additional 1,399 shares during the period. Quadrant Capital Group LLC lifted its holdings in shares of Vodafone Group Public by 11.2% in the fourth quarter. Quadrant Capital Group LLC now owns 14,409 shares of the cell phone carrier’s stock valued at $123,000 after buying an additional 1,454 shares during the period. Pitcairn Co. lifted its holdings in shares of Vodafone Group Public by 10.4% in the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock valued at $155,000 after buying an additional 1,458 shares during the period. Finally, Cahill Financial Advisors Inc. lifted its holdings in shares of Vodafone Group Public by 8.6% in the fourth quarter. Cahill Financial Advisors Inc. now owns 20,395 shares of the cell phone carrier’s stock valued at $173,000 after buying an additional 1,611 shares during the period. 7.84% of the stock is currently 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.