Vodafone Group Public (NASDAQ:VOD) Raised to Buy at 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 report released on Friday.

A number of other research firms have also commented on VOD. The Goldman Sachs Group lowered 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 note on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Up 0.5 %

VOD opened at $9.55 on Friday. 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 market cap of $22.61 billion, a P/E ratio of 8.38, a PEG ratio of 0.66 and a beta of 0.75. Vodafone Group Public has a 52 week low of $8.00 and a 52 week high of $10.39. The business’s fifty day simple moving average is $8.60 and its 200 day simple moving average is $9.06.

Hedge Funds Weigh In On Vodafone Group Public

Several hedge funds and other institutional investors have recently modified their holdings of VOD. Stifel Financial Corp raised its holdings in shares of Vodafone Group Public by 34.9% during the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after buying an additional 201,360 shares during the period. Lester Murray Antman dba SimplyRich purchased a new stake in shares of Vodafone Group Public during the 4th quarter valued at about $295,000. Goldentree Asset Management LP raised its holdings in shares of Vodafone Group Public by 1.9% during the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after buying an additional 60,943 shares during the period. Atria Investments Inc raised its holdings in shares of Vodafone Group Public by 8.7% during the 4th quarter. Atria Investments Inc now owns 842,286 shares of the cell phone carrier’s stock valued at $7,151,000 after buying an additional 67,086 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Vodafone Group Public by 9.0% during the 4th quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier’s stock valued at $227,000 after buying an additional 2,246 shares during the period. 7.84% of the stock is owned by institutional investors and hedge funds.

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.