Deutsche Bank Aktiengesellschaft Begins Coverage on Vodafone Group Public (NASDAQ:VOD)

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Vodafone Group Public (NASDAQ:VODFree Report) in a research report report published on Thursday, StockNewsAPI reports. The firm issued a buy rating on the cell phone carrier’s stock.

Separately, StockNews.com lowered shares of Vodafone Group Public from a buy rating to a hold rating in a research report on Monday, May 27th.

View Our Latest Report on Vodafone Group Public

Vodafone Group Public Stock Performance

Shares of VOD opened at $9.05 on Thursday. The firm has a 50-day moving average price of $8.98 and a 200 day moving average price of $8.78. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. Vodafone Group Public has a 52-week low of $8.02 and a 52-week high of $10.19.

Vodafone Group Public Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, August 2nd. Shareholders of record on Friday, June 7th will be issued a $0.469 dividend. This represents a yield of 9.6%. The ex-dividend date is Friday, June 7th.

Institutional Investors Weigh In On Vodafone Group Public

A number of institutional investors and hedge funds have recently bought and sold shares of VOD. Barclays PLC lifted its stake in Vodafone Group Public by 402.2% during the third quarter. Barclays PLC now owns 7,106 shares of the cell phone carrier’s stock valued at $66,000 after buying an additional 5,691 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Vodafone Group Public by 73.0% during the third quarter. Envestnet Asset Management Inc. now owns 4,039,166 shares of the cell phone carrier’s stock valued at $38,291,000 after buying an additional 1,704,002 shares in the last quarter. FMR LLC lifted its stake in Vodafone Group Public by 87.9% during the third quarter. FMR LLC now owns 2,369,456 shares of the cell phone carrier’s stock valued at $22,462,000 after buying an additional 1,108,312 shares in the last quarter. Rathbones Group PLC purchased a new stake in Vodafone Group Public during the third quarter valued at about $114,000. Finally, Acadian Asset Management LLC lifted its stake in Vodafone Group Public by 263.9% during the third quarter. Acadian Asset Management LLC now owns 55,303 shares of the cell phone carrier’s stock valued at $523,000 after buying an additional 40,107 shares in the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

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.

Featured Stories

Receive News & Ratings for Vodafone Group Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group Public and related companies with MarketBeat.com's FREE daily email newsletter.