Vodafone Group Public Limited (NASDAQ:VOD) Given Consensus Recommendation of "Hold" by Analysts

Vodafone Group Public Limited (NASDAQ:VOD - Get Free Report) has earned a consensus recommendation of "Hold" from the seven analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

Several brokerages have recently commented on VOD. StockNews.com lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a research report on Saturday. DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. JPMorgan Chase & Co. restated an "underweight" rating on shares of Vodafone Group Public in a report on Wednesday. Finally, Bank of America lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, March 24th.

Institutional Trading of Vodafone Group Public

A number of institutional investors have recently made changes to their positions in VOD. Waterfront Wealth Inc. raised its holdings in Vodafone Group Public by 54.2% during the 1st quarter. Waterfront Wealth Inc. now owns 373,681 shares of the cell phone carrier's stock valued at $3,501,000 after buying an additional 131,291 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Vodafone Group Public during the first quarter worth about $125,000. Perigon Wealth Management LLC grew its stake in shares of Vodafone Group Public by 20.9% in the first quarter. Perigon Wealth Management LLC now owns 40,946 shares of the cell phone carrier's stock worth $384,000 after purchasing an additional 7,079 shares during the last quarter. Lazari Capital Management Inc. increased its holdings in Vodafone Group Public by 36.7% during the 1st quarter. Lazari Capital Management Inc. now owns 29,143 shares of the cell phone carrier's stock valued at $273,000 after purchasing an additional 7,819 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in Vodafone Group Public by 272.9% during the 1st quarter. Oppenheimer & Co. Inc. now owns 2,253,059 shares of the cell phone carrier's stock valued at $21,111,000 after purchasing an additional 1,648,879 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company's stock.

Vodafone Group Public Stock Up 0.4 %

Shares of NASDAQ:VOD opened at $9.35 on Friday. The firm has a fifty day moving average of $9.07 and a 200 day moving average of $8.90. Vodafone Group Public has a 52-week low of $8.00 and a 52-week high of $10.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The firm has a market capitalization of $22.13 billion, a PE ratio of 8.20, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58.

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.

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