Signaturefd LLC increased its holdings in shares of Telefonica S.A. (NYSE:TEF) by 15.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,115 shares of the utilities provider’s stock after acquiring an additional 3,142 shares during the quarter. Signaturefd LLC’s holdings in Telefonica were worth $192,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Zions Bancorporation N.A. bought a new stake in shares of Telefonica in the first quarter valued at $28,000. Evolution Wealth Advisors LLC bought a new stake in shares of Telefonica in the second quarter valued at $38,000. Parallel Advisors LLC raised its stake in shares of Telefonica by 205.2% in the first quarter. Parallel Advisors LLC now owns 8,559 shares of the utilities provider’s stock valued at $72,000 after buying an additional 5,755 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of Telefonica by 8.0% in the first quarter. Checchi Capital Advisers LLC now owns 19,492 shares of the utilities provider’s stock valued at $163,000 after buying an additional 1,441 shares during the period. Finally, Quantitative Systematic Strategies LLC bought a new stake in shares of Telefonica in the second quarter valued at $171,000. Institutional investors and hedge funds own 0.95% of the company’s stock.

Several analysts have issued reports on the company. UBS Group lowered Telefonica from a “buy” rating to a “neutral” rating in a research note on Thursday, August 8th. Zacks Investment Research upgraded Telefonica from a “sell” rating to a “hold” rating and set a $8.50 price target for the company in a research report on Tuesday, May 28th. Bank of America cut Telefonica from a “buy” rating to a “neutral” rating in a research report on Tuesday. Deutsche Bank reiterated a “buy” rating on shares of Telefonica in a research report on Friday, May 24th. Finally, DZ Bank upgraded Telefonica from a “hold” rating to a “buy” rating in a research report on Tuesday, May 14th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $8.50.

Shares of NYSE TEF opened at $6.58 on Thursday. The stock has a market capitalization of $36.14 billion, a PE ratio of 6.93, a PEG ratio of 0.59 and a beta of 0.67. Telefonica S.A. has a fifty-two week low of $6.57 and a fifty-two week high of $9.08. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.79 and a current ratio of 0.84. The company has a fifty day moving average of $7.92.

Telefonica (NYSE:TEF) last announced its quarterly earnings results on Thursday, July 25th. The utilities provider reported $0.21 earnings per share for the quarter. The company had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.54 billion. Telefonica had a return on equity of 16.21% and a net margin of 7.27%. Analysts predict that Telefonica S.A. will post 0.88 EPS for the current fiscal year.

Telefonica Company Profile

Telefónica, SA provides mobile and fixed communication services primarily in Europe and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.

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Institutional Ownership by Quarter for Telefonica (NYSE:TEF)

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