Vodafone Group Plc (NASDAQ:VOD) shares gapped down before the market opened on Monday . The stock had previously closed at $32.14, but opened at $31.05. Vodafone Group shares last traded at $29.11, with a volume of 9407744 shares traded.
VOD has been the subject of a number of recent research reports. BidaskClub downgraded Vodafone Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Zacks Investment Research downgraded Vodafone Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Barclays upgraded Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. UBS Group reissued a “buy” rating on shares of Vodafone Group in a research note on Friday, October 27th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Vodafone Group in a research note on Thursday, November 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Vodafone Group presently has an average rating of “Buy” and an average price target of $33.32.
The stock has a market cap of $75,860.00, a P/E ratio of -77.37, a PEG ratio of 2.01 and a beta of 0.87. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46.
Several large investors have recently added to or reduced their stakes in VOD. Whittier Trust Co. of Nevada Inc. boosted its stake in Vodafone Group by 17.1% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 32,811 shares of the cell phone carrier’s stock valued at $1,046,000 after buying an additional 4,789 shares in the last quarter. Gradient Investments LLC boosted its stake in Vodafone Group by 23.9% during the fourth quarter. Gradient Investments LLC now owns 54,949 shares of the cell phone carrier’s stock valued at $1,753,000 after buying an additional 10,585 shares in the last quarter. Barrett Asset Management LLC boosted its stake in Vodafone Group by 55.5% during the fourth quarter. Barrett Asset Management LLC now owns 12,815 shares of the cell phone carrier’s stock valued at $409,000 after buying an additional 4,573 shares in the last quarter. Icon Advisers Inc. Co. bought a new position in Vodafone Group during the fourth quarter valued at about $963,000. Finally, River Road Asset Management LLC bought a new position in Vodafone Group during the fourth quarter valued at about $263,000. 10.35% of the stock is owned by institutional investors.
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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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