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

StockNews.com cut shares of Vodafone Group Public (NASDAQ:VOD) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning.

Separately, The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Down 0.8 %

NASDAQ VOD opened at $8.27 on Wednesday. The stock’s 50 day moving average is $8.44 and its 200 day moving average is $9.12. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. Vodafone Group Public has a twelve month low of $8.00 and a twelve month high of $10.39.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its position in shares of Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after purchasing an additional 1,899 shares during the last quarter. GeoWealth Management LLC raised its holdings in Vodafone Group Public by 258.0% in the fourth quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock worth $44,000 after buying an additional 3,733 shares during the last quarter. CENTRAL TRUST Co lifted its stake in shares of Vodafone Group Public by 37.8% in the third quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock worth $55,000 after buying an additional 1,513 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of Vodafone Group Public by 509.7% during the fourth quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier’s stock valued at $58,000 after buying an additional 5,709 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in Vodafone Group Public by 912.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after acquiring an additional 6,500 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

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.