Vodafone Group Public (NASDAQ:VOD) Lowered to “Hold” Rating by StockNews.com

Vodafone Group Public (NASDAQ:VOD) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Monday.

Other research analysts have also issued research reports about the stock. 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. Bank of America downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday. Finally, DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Four 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, the company currently has an average rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Shares of VOD opened at $9.35 on Monday. The company has a market cap of $22.13 billion, a price-to-earnings ratio of 8.20, a PEG ratio of 0.66 and a beta of 0.75. The company’s fifty day simple moving average is $8.79 and its 200 day simple moving average is $9.05. Vodafone Group Public has a 1-year low of $8.00 and a 1-year high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

Institutional Investors Weigh In On Vodafone Group Public

Several hedge funds have recently added to or reduced their stakes in the business. Natixis Advisors LLC increased its holdings in Vodafone Group Public by 46.0% in the third quarter. Natixis Advisors LLC now owns 151,771 shares of the cell phone carrier’s stock valued at $1,521,000 after purchasing an additional 47,788 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Vodafone Group Public by 46.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 157,639 shares of the cell phone carrier’s stock worth $1,580,000 after buying an additional 50,000 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Vodafone Group Public by 9.5% during the third quarter. Advisors Asset Management Inc. now owns 111,808 shares of the cell phone carrier’s stock valued at $1,120,000 after purchasing an additional 9,714 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Vodafone Group Public by 25.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 157,023 shares of the cell phone carrier’s stock worth $1,573,000 after acquiring an additional 31,827 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of Vodafone Group Public by 1.3% in the 3rd quarter. Citigroup Inc. now owns 1,658,345 shares of the cell phone carrier’s stock worth $16,617,000 after purchasing an additional 21,567 shares in 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.