Vodafone Group Public (NASDAQ:VOD) Rating Lowered to “Hold” at StockNews.com

Vodafone Group Public (NASDAQ:VOD) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Wednesday.

Separately, The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD stock traded down $0.07 during trading hours on Wednesday, reaching $8.27. 7,337,560 shares of the company traded hands, compared to its average volume of 8,972,788. Vodafone Group Public has a 12-month low of $8.00 and a 12-month high of $10.39. 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 firm has a 50-day moving average price of $8.45 and a 200 day moving average price of $9.13.

Institutional Trading of Vodafone Group Public

Several institutional investors have recently made changes to their positions in the business. Apollon Wealth Management LLC grew its position in shares of Vodafone Group Public by 7.6% during the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock worth $171,000 after purchasing an additional 1,204 shares in the last quarter. DRW Securities LLC grew its holdings in Vodafone Group Public by 2.2% during the 3rd 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 in the last quarter. Quadrant Capital Group LLC grew its holdings in Vodafone Group Public by 11.2% during the 4th 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 in the last quarter. Pitcairn Co. grew its holdings in Vodafone Group Public by 10.4% during the 3rd 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 in the last quarter. Finally, CENTRAL TRUST Co grew its holdings in Vodafone Group Public by 37.8% during the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock valued at $55,000 after buying an additional 1,513 shares in the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

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.