Vodafone Group Public's (VOD) Underweight Rating Reiterated at JPMorgan Chase & Co.

Vodafone Group Public (NASDAQ:VOD - Get Free Report)'s stock had its "underweight" rating restated by research analysts at JPMorgan Chase & Co. in a research report issued on Wednesday, MarketBeat.com reports.

Several other brokerages have also issued reports on VOD. StockNews.com upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, April 18th. DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, March 7th. Finally, Bank of America downgraded Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold".

Vodafone Group Public Trading Up 2.0 %

NASDAQ VOD traded up $0.19 during trading hours on Wednesday, hitting $9.54. 11,961,345 shares of the company's stock were exchanged, compared to its average volume of 7,231,939. The stock has a 50-day simple moving average of $9.07 and a 200 day simple moving average of $8.89. The firm has a market cap of $22.57 billion, a price-to-earnings ratio of 8.36, a PEG ratio of 0.66 and a beta of 0.58. 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 1-year low of $8.00 and a 1-year high of $10.39.

Institutional Trading of Vodafone Group Public

A number of hedge funds have recently modified their holdings of VOD. NBC Securities Inc. raised its holdings in Vodafone Group Public by 116,833.3% in the 1st quarter. NBC Securities Inc. now owns 3,508 shares of the cell phone carrier's stock worth $32,000 after purchasing an additional 3,505 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of 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 purchasing an additional 1,899 shares during the last quarter. GeoWealth Management LLC boosted its stake in 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 worth $44,000 after buying an additional 3,733 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in Vodafone Group Public during the first quarter worth about $60,000. Finally, CoreCap Advisors LLC increased its holdings in shares of Vodafone Group Public by 509.7% during the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier's stock worth $58,000 after buying an additional 5,709 shares during the last quarter. Hedge funds and other 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.