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

StockNews.com upgraded shares of Vodafone Group Public (NASDAQ:VOD - Free Report) from a hold rating to a buy rating in a report released on Friday.

VOD has been the subject of a number of other reports. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, March 24th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Vodafone Group Public Stock Up 3.8 %

Shares of VOD traded up $0.35 during midday trading on Friday, hitting $9.58. The company had a trading volume of 12,169,714 shares, compared to its average volume of 7,099,355. The stock has a market cap of $22.68 billion, a price-to-earnings ratio of 8.40, a PEG ratio of 0.66 and a beta of 0.58. Vodafone Group Public has a 52 week low of $8.00 and a 52 week high of $10.39. The company's 50 day moving average price is $8.99 and its 200 day moving average price is $8.90. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Hedge Funds Weigh In On Vodafone Group Public

Several institutional investors have recently modified their holdings of the company. NBC Securities Inc. increased its stake in shares of Vodafone Group Public by 116,833.3% in the first quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier's stock valued at $32,000 after purchasing an additional 3,505 shares during the period. Smartleaf Asset Management LLC boosted its position in Vodafone Group Public by 63.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier's stock worth $41,000 after acquiring an additional 1,899 shares during the period. GeoWealth Management LLC raised its stake in shares of Vodafone Group Public by 258.0% during the fourth quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier's stock valued at $44,000 after purchasing an additional 3,733 shares in the last quarter. CoreCap Advisors LLC grew its position in Vodafone Group Public by 509.7% in the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier's stock valued at $58,000 after buying an additional 5,709 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of Vodafone Group Public in the 1st quarter worth approximately $60,000. 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.