Vodafone Group Plc (NASDAQ:VOD) – Equities researchers at Jefferies Group issued their FY2018 earnings per share estimates for shares of Vodafone Group in a research note issued to investors on Wednesday. Jefferies Group analyst J. Dellis forecasts that the cell phone carrier will post earnings per share of $1.25 for the year. Jefferies Group also issued estimates for Vodafone Group’s FY2019 earnings at $1.28 EPS, FY2020 earnings at $1.55 EPS and FY2021 earnings at $1.74 EPS.
A number of other research firms have also recently commented on VOD. BidaskClub raised Vodafone Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. Raymond James Financial raised Vodafone Group from a “market perform” rating to a “strong-buy” rating in a research note on Wednesday. Barclays raised Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. Zacks Investment Research raised Vodafone Group from a “sell” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Friday, November 17th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Vodafone Group in a research note on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $32.14.
Vodafone Group (VOD) opened at $31.58 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.95. Vodafone Group has a 12 month low of $24.31 and a 12 month high of $32.75.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Quantitative Systematic Strategies LLC purchased a new stake in Vodafone Group during the third quarter valued at about $1,316,000. Arrowstreet Capital Limited Partnership boosted its position in Vodafone Group by 47.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,013,916 shares of the cell phone carrier’s stock valued at $86,590,000 after buying an additional 975,277 shares during the period. FDx Advisors Inc. boosted its position in Vodafone Group by 7.6% during the third quarter. FDx Advisors Inc. now owns 173,979 shares of the cell phone carrier’s stock valued at $4,951,000 after buying an additional 12,304 shares during the period. Cetera Investment Advisers purchased a new stake in Vodafone Group during the second quarter valued at about $1,456,000. Finally, Cable Hill Partners LLC purchased a new stake in Vodafone Group during the third quarter valued at about $343,000. Institutional investors and hedge funds own 10.23% of the company’s stock.
The firm also recently declared a semiannual dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, November 24th will be given a dividend of $0.5642 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a yield of 3.68%.
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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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