Vodafone Group Public (NASDAQ:VOD) Upgraded by StockNews.com to Buy Rating

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 research note issued on Friday.

VOD has been the topic of several other reports. The Goldman Sachs Group lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, December 9th. DZ Bank raised shares of 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 company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Vodafone Group Public Trading Down 0.2 %

Shares of NASDAQ:VOD traded down $0.02 during trading on Friday, reaching $9.84. The stock had a trading volume of 8,873,516 shares, compared to its average volume of 6,377,690. The stock has a market cap of $23.29 billion, a price-to-earnings ratio of 8.63, a P/E/G 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 firm's fifty day moving average is $8.63 and its 200 day moving average is $9.06. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37.

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Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Apollon Wealth Management LLC grew its holdings in shares of Vodafone Group Public by 7.6% during the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier's stock valued at $171,000 after buying an additional 1,204 shares during the last quarter. DRW Securities LLC boosted its holdings in Vodafone Group Public by 2.2% during the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier's stock worth $664,000 after purchasing an additional 1,399 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in Vodafone Group Public by 11.2% during the fourth 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 during the last quarter. Pitcairn Co. boosted its holdings in Vodafone Group Public by 10.4% during the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier's stock worth $155,000 after purchasing an additional 1,458 shares during the last quarter. Finally, Cahill Financial Advisors Inc. boosted its holdings in Vodafone Group Public by 8.6% during the fourth quarter. Cahill Financial Advisors Inc. now owns 20,395 shares of the cell phone carrier's stock worth $173,000 after purchasing an additional 1,611 shares during the last quarter. 7.84% of the stock is currently 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.