Vodafone Group Public (NASDAQ:VOD) Cut to Neutral at Bank of America

Bank of America downgraded shares of Vodafone Group Public (NASDAQ:VOD) from a buy rating to a neutral rating in a research note issued to investors on Monday morning, MarketBeat reports.

Other equities analysts also recently issued reports about the company. DZ Bank raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Finally, StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, March 14th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Up 0.1 %

Shares of NASDAQ VOD opened at $9.36 on Monday. Vodafone Group Public has a 1 year low of $8.00 and a 1 year high of $10.39. The company has a market capitalization of $22.16 billion, a price-to-earnings ratio of 8.21, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The business has a 50-day moving average of $8.81 and a two-hundred day moving average of $9.05.

Institutional Trading of Vodafone Group Public

A number of large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC raised its holdings in shares of Vodafone Group Public by 63.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock valued at $41,000 after buying an additional 1,899 shares during the last quarter. GeoWealth Management LLC raised its stake in Vodafone Group Public by 258.0% during the 4th quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock valued at $44,000 after acquiring an additional 3,733 shares during the last quarter. CoreCap Advisors LLC lifted its position in Vodafone Group Public by 509.7% during the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier’s stock worth $58,000 after acquiring an additional 5,709 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of 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 valued at $61,000 after purchasing an additional 6,500 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Vodafone Group Public by 627.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock worth $97,000 after purchasing an additional 8,324 shares during the last quarter. Institutional investors and hedge funds 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.