Vodafone Group Public Limited (NASDAQ:VOD) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Vodafone Group Public Limited (NASDAQ:VOD) have earned an average recommendation of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat Ratings reports. Two 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.

VOD has been the subject of several recent analyst reports. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Finally, StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday.

Vodafone Group Public Price Performance

Shares of VOD opened at $9.50 on Friday. The company has a market capitalization of $24.12 billion, a P/E ratio of 8.33, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. Vodafone Group Public has a twelve month low of $8.00 and a twelve 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 of $8.58 and a 200 day moving average of $9.07.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VOD. Apollon Wealth Management LLC increased its position in shares of Vodafone Group Public by 7.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock valued at $171,000 after purchasing an additional 1,204 shares during the last quarter. DRW Securities LLC grew its position in Vodafone Group Public by 2.2% during 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 increased its holdings in Vodafone Group Public by 11.2% during 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 last quarter. Pitcairn Co. raised its position in Vodafone Group Public by 10.4% in the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock worth $155,000 after acquiring an additional 1,458 shares during the period. Finally, Cahill Financial Advisors Inc. grew its position in shares of Vodafone Group Public by 8.6% during the 4th quarter. Cahill Financial Advisors Inc. now owns 20,395 shares of the cell phone carrier’s stock valued at $173,000 after acquiring an additional 1,611 shares during the period. 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.