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

StockNews.com upgraded shares of Vodafone Group Public (NASDAQ:VOD) from a hold rating to a buy rating in a research note released on Wednesday.

Separately, The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Vodafone Group Public currently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Up 1.7 %

VOD stock opened at $9.03 on Wednesday. The firm has a market cap of $22.93 billion, a PE ratio of 7.92, a P/E/G ratio of 0.66 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The firm’s fifty day moving average is $8.48 and its 200 day moving average is $9.08. Vodafone Group Public has a one year low of $8.00 and a one year high of $10.39.

Hedge Funds Weigh In On Vodafone Group Public

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brucke Financial Inc. purchased a new position in Vodafone Group Public during the fourth quarter valued at $114,000. B. Riley Wealth Advisors Inc. lifted its stake in shares of Vodafone Group Public by 7.2% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 30,862 shares of the cell phone carrier’s stock worth $269,000 after buying an additional 2,076 shares in the last quarter. WNY Asset Management LLC lifted its stake in shares of Vodafone Group Public by 0.7% in the fourth quarter. WNY Asset Management LLC now owns 350,112 shares of the cell phone carrier’s stock worth $2,972,000 after buying an additional 2,505 shares in the last quarter. Forum Financial Management LP lifted its stake in shares of Vodafone Group Public by 34.8% in the fourth quarter. Forum Financial Management LP now owns 27,038 shares of the cell phone carrier’s stock worth $230,000 after buying an additional 6,987 shares in the last quarter. Finally, Michels Family Financial LLC purchased a new position in shares of Vodafone Group Public in the fourth quarter worth about $743,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

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.