Vodafone Group Public (NASDAQ:VOD) Lowered to Hold at StockNews.com

Vodafone Group Public (NASDAQ:VODGet Free Report) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Monday.

Separately, BNP Paribas downgraded Vodafone Group Public from a “neutral” rating to an “underperform” rating in a report on Thursday, December 7th.

View Our Latest Stock Analysis on Vodafone Group Public

Vodafone Group Public Price Performance

Vodafone Group Public stock traded up $0.14 during midday trading on Monday, hitting $8.20. 6,702,331 shares of the company were exchanged, compared to its average volume of 6,273,911. The company’s fifty day moving average price is $8.66 and its 200-day moving average price is $9.13. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.86 and a current ratio of 0.89. Vodafone Group Public has a fifty-two week low of $8.02 and a fifty-two week high of $12.52.

Institutional Investors Weigh In On Vodafone Group Public

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new stake in Vodafone Group Public in the 2nd quarter valued at approximately $26,000. NBC Securities Inc. acquired a new stake in Vodafone Group Public in the 3rd quarter valued at approximately $40,000. Altshuler Shaham Ltd acquired a new stake in Vodafone Group Public in the 4th quarter valued at approximately $40,000. Anchor Investment Management LLC acquired a new stake in Vodafone Group Public in the 4th quarter valued at approximately $44,000. Finally, Global Retirement Partners LLC grew its holdings in Vodafone Group Public by 27.6% in the 3rd quarter. Global Retirement Partners LLC now owns 5,061 shares of the cell phone carrier’s stock valued at $47,000 after buying an additional 1,095 shares during the last quarter. 7.82% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Company Profile

(Get Free Report)

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.

Further Reading

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