Telefónica, S.A. (NYSE:TEF) Given Average Rating of “Reduce” by Analysts

Telefónica, S.A. (NYSE:TEF) has been given a consensus rating of “Reduce” by the five analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company.

Separately, StockNews.com upgraded shares of Telefónica from a “hold” rating to a “buy” rating in a report on Wednesday, March 5th.

Telefónica Stock Performance

NYSE:TEF opened at $4.64 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 1.33. Telefónica has a twelve month low of $3.89 and a twelve month high of $4.93. The company has a fifty day moving average of $4.34 and a 200-day moving average of $4.43. The firm has a market capitalization of $26.28 billion, a P/E ratio of -17.83 and a beta of 0.62.

Institutional Investors Weigh In On Telefónica

A number of hedge funds have recently added to or reduced their stakes in the company. Northern Trust Corp raised its position in shares of Telefónica by 30.7% during the fourth quarter. Northern Trust Corp now owns 3,622,588 shares of the utilities provider’s stock worth $14,563,000 after purchasing an additional 851,581 shares during the period. FMR LLC increased its stake in Telefónica by 8.3% during the 3rd 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 in the last quarter. American Century Companies Inc. raised its holdings in Telefónica by 4.9% during the fourth quarter. American Century Companies Inc. now owns 1,429,565 shares of the utilities provider’s stock worth $5,747,000 after buying an additional 66,797 shares during the last quarter. Nia Impact Advisors LLC lifted its stake in shares of Telefónica by 11.5% in the fourth quarter. Nia Impact Advisors LLC now owns 982,717 shares of the utilities provider’s stock valued at $3,951,000 after buying an additional 101,030 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Telefónica by 36.7% during the fourth quarter. First Trust Advisors LP now owns 963,584 shares of the utilities provider’s stock valued at $3,874,000 after buying an additional 258,489 shares during the last quarter. Institutional investors and hedge funds own 1.14% of the company’s stock.

Telefónica Company Profile

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.