A number of other equities research analysts have also issued reports on VOD. BidaskClub raised shares of Vodafone Group from a hold rating to a buy rating in a report on Tuesday. HSBC upgraded Vodafone Group from a hold rating to a buy rating and set a $15.99 price target for the company in a research report on Friday, May 24th. Finally, Zacks Investment Research upgraded Vodafone Group from a sell rating to a hold rating in a research report on Wednesday, June 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of $23.30.
Shares of NASDAQ VOD traded up $0.02 during midday trading on Thursday, hitting $18.32. 4,628,409 shares of the company’s stock traded hands, compared to its average volume of 4,662,562. Vodafone Group has a 1 year low of $15.53 and a 1 year high of $24.56. The stock has a market capitalization of $48.81 billion, a PE ratio of 30.53, a price-to-earnings-growth ratio of 1.73 and a beta of 0.81. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.55 and a quick ratio of 1.52. The company has a fifty day moving average price of $16.57.
Institutional investors and hedge funds have recently modified their holdings of the stock. Winslow Evans & Crocker Inc. lifted its stake in shares of Vodafone Group by 4.4% in the 1st quarter. Winslow Evans & Crocker Inc. now owns 13,504 shares of the cell phone carrier’s stock valued at $248,000 after purchasing an additional 564 shares during the last quarter. Keystone Financial Group lifted its stake in shares of Vodafone Group by 3.5% in the 1st quarter. Keystone Financial Group now owns 17,831 shares of the cell phone carrier’s stock valued at $324,000 after purchasing an additional 603 shares during the last quarter. Klingenstein Fields & Co. LLC lifted its stake in Vodafone Group by 1.2% during the 1st quarter. Klingenstein Fields & Co. LLC now owns 54,412 shares of the cell phone carrier’s stock worth $989,000 after acquiring an additional 647 shares in the last quarter. Kistler Tiffany Companies LLC lifted its stake in Vodafone Group by 35.7% during the 1st quarter. Kistler Tiffany Companies LLC now owns 2,872 shares of the cell phone carrier’s stock worth $52,000 after acquiring an additional 755 shares in the last quarter. Finally, Asset Dedication LLC lifted its stake in Vodafone Group by 72.3% during the 2nd quarter. Asset Dedication LLC now owns 1,923 shares of the cell phone carrier’s stock worth $31,000 after acquiring an additional 807 shares in the last quarter. Hedge funds and other institutional investors own 7.92% of the company’s stock.
About Vodafone Group
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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