Vodafone Group (NASDAQ:VOD) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Tuesday.
VOD has been the subject of a number of other research reports. UBS Group restated a “buy” rating on shares of Vodafone Group in a research report on Monday, October 2nd. Barclays upgraded shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, December 8th. Zacks Investment Research lowered shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, Goldman Sachs Group restated a “buy” rating on shares of Vodafone Group in a research report on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $32.14.
Shares of Vodafone Group (NASDAQ VOD) traded down $0.95 during trading hours on Tuesday, hitting $31.65. 3,677,100 shares of the company were exchanged, compared to its average volume of 2,373,914. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46. Vodafone Group has a 12-month low of $24.31 and a 12-month high of $32.75. The company has a market capitalization of $82,830.00, a price-to-earnings ratio of -85.54, a price-to-earnings-growth ratio of 2.49 and a beta of 0.94.
Institutional investors and hedge funds have recently made changes to their positions in the company. Fisher Asset Management LLC increased its stake in Vodafone Group by 4.7% in the 3rd quarter. Fisher Asset Management LLC now owns 24,824,481 shares of the cell phone carrier’s stock worth $706,505,000 after buying an additional 1,121,862 shares during the period. Dimensional Fund Advisors LP increased its stake in Vodafone Group by 5.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,630,584 shares of the cell phone carrier’s stock worth $217,166,000 after buying an additional 386,931 shares during the period. Renaissance Technologies LLC increased its stake in Vodafone Group by 9.0% in the 2nd quarter. Renaissance Technologies LLC now owns 5,641,400 shares of the cell phone carrier’s stock worth $162,077,000 after buying an additional 467,200 shares during the period. Ameriprise Financial Inc. increased its stake in Vodafone Group by 21.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,244,439 shares of the cell phone carrier’s stock worth $93,255,000 after buying an additional 569,025 shares during the period. Finally, Northern Trust Corp increased its stake in Vodafone Group by 6.9% in the 2nd quarter. Northern Trust Corp now owns 3,181,273 shares of the cell phone carrier’s stock worth $91,399,000 after buying an additional 205,667 shares during the period. 10.23% of the stock is currently owned by institutional investors and hedge funds.
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Vodafone Group Company Profile
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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