Vodafone Group Public (NASDAQ:VOD) Stock Rating Lowered by StockNews.com

Vodafone Group Public (NASDAQ:VOD - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.

A number of other analysts also recently issued reports on VOD. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Vodafone Group Public in a research note on Wednesday. Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, March 24th. Finally, DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Vodafone Group Public currently has an average rating of "Hold".

Vodafone Group Public Trading Up 0.4 %

VOD opened at $9.35 on Friday. Vodafone Group Public has a 1-year low of $8.00 and a 1-year high of $10.39. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The firm has a market capitalization of $22.13 billion, a price-to-earnings ratio of 8.20, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58. The company's 50 day simple moving average is $9.07 and its two-hundred day simple moving average is $8.90.

Hedge Funds Weigh In On Vodafone Group Public

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC grew its stake 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 worth $123,000 after purchasing an additional 1,454 shares in the last quarter. Cahill Financial Advisors Inc. raised its holdings in 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 acquiring an additional 1,611 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in Vodafone Group Public by 17.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 10,819 shares of the cell phone carrier's stock worth $92,000 after acquiring an additional 1,631 shares during the last quarter. Cohen Investment Advisors LLC increased its position in shares of Vodafone Group Public by 5.1% in the 4th quarter. Cohen Investment Advisors LLC now owns 35,470 shares of the cell phone carrier's stock valued at $301,000 after purchasing an additional 1,728 shares during the last quarter. Finally, New Century Financial Group LLC increased its holdings in Vodafone Group Public by 12.5% in the first quarter. New Century Financial Group LLC now owns 16,486 shares of the cell phone carrier's stock valued at $154,000 after buying an additional 1,835 shares during the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

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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