Vodafone Group Public (NASDAQ:VOD) Upgraded to "Buy" at StockNews.com

Vodafone Group Public (NASDAQ:VOD - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "hold" rating to a "buy" rating in a report issued on Friday.

Several other equities analysts have also recently issued reports on VOD. DZ Bank raised shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. The Goldman Sachs Group cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Vodafone Group Public presently has an average rating of "Moderate Buy".

Vodafone Group Public Price Performance

NASDAQ:VOD traded up $0.31 during mid-day trading on Friday, reaching $9.86. 17,257,210 shares of the stock were exchanged, compared to its average volume of 6,367,878. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The business has a fifty day moving average price of $8.60 and a 200 day moving average price of $9.06. Vodafone Group Public has a 1-year low of $8.00 and a 1-year high of $10.39. The firm has a market capitalization of $23.34 billion, a PE ratio of 8.65, a PEG ratio of 0.66 and a beta of 0.75.

Hedge Funds Weigh In On Vodafone Group Public

A number of large investors have recently made changes to their positions in VOD. Apollon Wealth Management LLC increased its holdings in Vodafone Group Public by 7.6% in the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier's stock worth $171,000 after buying an additional 1,204 shares during the last quarter. Aptus Capital Advisors LLC bought a new stake in Vodafone Group Public in the third quarter worth $150,000. MQS Management LLC bought a new position in Vodafone Group Public during the third quarter valued at about $236,000. Empowered Funds LLC boosted its stake in shares of Vodafone Group Public by 3.0% during the 3rd quarter. Empowered Funds LLC now owns 290,057 shares of the cell phone carrier's stock worth $2,906,000 after acquiring an additional 8,388 shares in the last quarter. Finally, Natixis Advisors LLC increased its holdings in shares of Vodafone Group Public by 46.0% during the 3rd quarter. Natixis Advisors LLC now owns 151,771 shares of the cell phone carrier's stock valued at $1,521,000 after acquiring an additional 47,788 shares during the last quarter. Institutional investors and hedge funds 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.