Vodafone Group Public Limited (NASDAQ:VOD) Given Average Rating of “Moderate Buy” by Analysts

Vodafone Group Public Limited (NASDAQ:VOD) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts recently weighed in on VOD shares. StockNews.com cut Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. DZ Bank raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Finally, 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.

Institutional Trading of Vodafone Group Public

Institutional investors and hedge funds have recently bought and sold shares of the business. D. E. Shaw & Co. Inc. raised its holdings in shares of Vodafone Group Public by 341.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,146,322 shares of the cell phone carrier’s stock valued at $35,202,000 after buying an additional 3,206,506 shares during the last quarter. ABC Arbitrage SA purchased a new stake in Vodafone Group Public during the 4th quarter valued at approximately $22,646,000. Voloridge Investment Management LLC acquired a new stake in Vodafone Group Public during the 4th quarter worth approximately $21,969,000. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of Vodafone Group Public by 18.1% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier’s stock valued at $123,940,000 after purchasing an additional 2,238,935 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Vodafone Group Public by 177.1% during the third quarter. JPMorgan Chase & Co. now owns 3,356,455 shares of the cell phone carrier’s stock worth $33,632,000 after purchasing an additional 2,145,085 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at $9.37 on Tuesday. The company has a market cap of $22.18 billion, a P/E ratio of 8.22, a PEG ratio of 0.66 and a beta of 0.75. The firm has a fifty day moving average price of $8.87 and a 200 day moving average price of $9.03. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. Vodafone Group Public has a 12 month low of $8.00 and a 12 month high of $10.39.

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.