Vodafone Group Public Limited (NASDAQ:VOD) Given Consensus Rating of "Hold" by Brokerages

Vodafone Group Public Limited (NASDAQ:VOD - Get Free Report) has been given a consensus rating of "Hold" by the seven research firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

VOD has been the subject of a number of research analyst reports. DZ Bank upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Bank of America downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research report on Monday, March 24th. StockNews.com lowered Vodafone Group Public from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Vodafone Group Public in a research report on Wednesday, April 23rd.

Institutional Investors Weigh In On Vodafone Group Public

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ACR Alpine Capital Research LLC boosted its stake in Vodafone Group Public by 0.4% in the 4th quarter. ACR Alpine Capital Research LLC now owns 22,006,311 shares of the cell phone carrier's stock worth $186,834,000 after purchasing an additional 97,636 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings 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 buying an additional 2,238,935 shares during the period. Renaissance Technologies LLC grew its holdings in Vodafone Group Public by 2.9% during the fourth quarter. Renaissance Technologies LLC now owns 9,027,376 shares of the cell phone carrier's stock worth $76,642,000 after acquiring an additional 255,623 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in Vodafone Group Public by 18.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 5,998,450 shares of the cell phone carrier's stock valued at $56,205,000 after acquiring an additional 944,189 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Vodafone Group Public by 1.3% during the first quarter. Envestnet Asset Management Inc. now owns 5,499,770 shares of the cell phone carrier's stock valued at $51,533,000 after buying an additional 69,986 shares during the period. Institutional investors own 7.84% of the company's stock.

Vodafone Group Public Stock Up 1.6 %

NASDAQ VOD traded up $0.15 during mid-day trading on Friday, reaching $9.73. The stock had a trading volume of 19,659,559 shares, compared to its average volume of 7,332,582. The company has a fifty day moving average price of $9.13 and a 200 day moving average price of $8.89. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. Vodafone Group Public has a 1 year low of $8.00 and a 1 year high of $10.39. The stock has a market cap of $23.03 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58.

About Vodafone Group Public

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.