Vodafone Group (VOD) Upgraded by Barclays to Overweight

Barclays upgraded shares of Vodafone Group (NASDAQ:VOD) from an equal weight rating to an overweight rating in a report released on Friday morning.

Several other equities analysts also recently commented on VOD. BidaskClub downgraded Vodafone Group from a strong-buy rating to a buy rating in a research report on Friday, August 18th. UBS reiterated a buy rating on shares of Vodafone Group in a research report on Monday, October 2nd. Zacks Investment Research downgraded Vodafone Group from a hold rating to a sell rating in a research report on Tuesday, November 14th. Finally, Goldman Sachs Group reiterated a buy rating on shares of Vodafone Group in a research report on Thursday, November 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of Buy and an average target price of $32.14.

Vodafone Group (NASDAQ:VOD) opened at $31.25 on Friday. Vodafone Group has a 52-week low of $24.31 and a 52-week high of $31.31. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46.

The company also recently announced a semiannual dividend, which will be paid on Friday, February 2nd. Investors of record on Friday, November 24th will be given a $0.5642 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a dividend yield of 3.68%. Vodafone Group’s dividend payout ratio is currently -310.81%.

Several large investors have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC bought a new stake in Vodafone Group during the third quarter worth approximately $1,296,000. Wealthcare Advisory Partners LLC bought a new stake in Vodafone Group during the third quarter worth approximately $151,000. Janney Capital Management LLC increased its stake in Vodafone Group by 16.7% during the third quarter. Janney Capital Management LLC now owns 1,147,503 shares of the cell phone carrier’s stock worth $32,657,000 after acquiring an additional 164,569 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in Vodafone Group during the third quarter worth approximately $406,000. Finally, Ladenburg Thalmann Financial Services Inc. increased its stake in Vodafone Group by 6.5% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 162,900 shares of the cell phone carrier’s stock worth $4,636,000 after acquiring an additional 10,000 shares during the last quarter. Institutional investors own 10.24% of the company’s stock.

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Vodafone Group Company Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

Analyst Recommendations for Vodafone Group (NASDAQ:VOD)

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