Vodafone Group Public (NASDAQ:VOD) Downgraded by Wall Street Zen to Hold

Vodafone Group Public (NASDAQ:VOD - Get Free Report) was downgraded by Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday.

Several other analysts have also recently weighed in on VOD. JPMorgan Chase & Co. restated an "underweight" rating on shares of Vodafone Group Public in a research report on Wednesday, April 23rd. DZ Bank upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. Finally, Bank of America cut Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, March 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold".

Vodafone Group Public Price Performance

Shares of VOD stock traded up $0.01 during trading on Tuesday, hitting $10.35. The company had a trading volume of 10,515,031 shares, compared to its average volume of 8,335,798. The stock's 50-day moving average is $9.39 and its two-hundred day moving average is $8.94. The stock has a market capitalization of $25.75 billion, a price-to-earnings ratio of 9.07, a price-to-earnings-growth ratio of 0.66 and a beta of 0.61. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. Vodafone Group Public has a 52 week low of $8.00 and a 52 week high of $10.60.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. grew its position in Vodafone Group Public by 65.5% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 3,159 shares of the cell phone carrier's stock worth $30,000 after acquiring an additional 1,250 shares during the last quarter. Brucke Financial Inc. raised its holdings in Vodafone Group Public by 9.8% during the 1st quarter. Brucke Financial Inc. now owns 14,700 shares of the cell phone carrier's stock valued at $143,000 after buying an additional 1,308 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its position in Vodafone Group Public by 1.5% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 92,068 shares of the cell phone carrier's stock valued at $863,000 after buying an additional 1,318 shares during the period. Allworth Financial LP grew its holdings in Vodafone Group Public by 4.9% in the 1st quarter. Allworth Financial LP now owns 28,435 shares of the cell phone carrier's stock worth $265,000 after acquiring an additional 1,332 shares during the last quarter. Finally, Valeo Financial Advisors LLC increased its position in shares of Vodafone Group Public by 11.2% in the first quarter. Valeo Financial Advisors LLC now owns 13,531 shares of the cell phone carrier's stock valued at $127,000 after acquiring an additional 1,364 shares during the period. 7.84% of the stock is owned by institutional investors.

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.