Natixis Advisors LLC Sells 139,726 Shares of Telefónica, S.A. (NYSE:TEF)

Natixis Advisors LLC decreased its holdings in shares of Telefónica, S.A. (NYSE:TEF) by 25.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 418,843 shares of the utilities provider’s stock after selling 139,726 shares during the quarter. Natixis Advisors LLC’s holdings in Telefónica were worth $1,684,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. FMR LLC increased its holdings in Telefónica by 8.3% in the third quarter. FMR LLC now owns 1,898,978 shares of the utilities provider’s stock valued at $9,229,000 after purchasing an additional 146,259 shares during the last quarter. Drum Hill Capital LLC bought a new stake in shares of Telefónica in the 4th quarter valued at about $2,001,000. Mainstay Capital Management LLC ADV boosted its stake in Telefónica by 3.3% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 398,457 shares of the utilities provider’s stock worth $1,602,000 after acquiring an additional 12,606 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in Telefónica by 0.9% during the 4th quarter. Crossmark Global Holdings Inc. now owns 397,905 shares of the utilities provider’s stock worth $1,600,000 after acquiring an additional 3,688 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC increased its stake in Telefónica by 24.7% in the third quarter. Horizon Kinetics Asset Management LLC now owns 387,777 shares of the utilities provider’s stock valued at $1,885,000 after purchasing an additional 76,912 shares in the last quarter. Institutional investors and hedge funds own 1.14% of the company’s stock.

Telefónica Trading Down 2.1 %

NYSE:TEF opened at $4.54 on Tuesday. The business’s 50-day simple moving average is $4.29 and its 200-day simple moving average is $4.43. Telefónica, S.A. has a fifty-two week low of $3.89 and a fifty-two week high of $4.93. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.85 and a quick ratio of 0.81. The stock has a market capitalization of $25.71 billion, a PE ratio of -17.44 and a beta of 0.62.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Telefónica from a “hold” rating to a “buy” rating in a research report on Wednesday, March 5th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

About Telefónica

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.