Telefónica, S.A. (NYSE:TEF) Shares Bought by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC raised its stake in Telefónica, S.A. (NYSE:TEF) by 408.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,197 shares of the utilities provider’s stock after purchasing an additional 10,602 shares during the period. Smartleaf Asset Management LLC’s holdings in Telefónica were worth $53,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. FMR LLC raised its position in Telefónica by 8.3% in 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. Drum Hill Capital LLC acquired a new stake in Telefónica in the 4th quarter valued at about $2,001,000. Mainstay Capital Management LLC ADV raised its position in Telefónica by 3.3% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 398,457 shares of the utilities provider’s stock valued at $1,602,000 after purchasing an additional 12,606 shares in the last quarter. Crossmark Global Holdings Inc. raised its position in Telefónica by 0.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 397,905 shares of the utilities provider’s stock valued at $1,600,000 after purchasing an additional 3,688 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC raised its position in Telefónica by 24.7% in the 3rd 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.

Analyst Upgrades and Downgrades

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

Telefónica Trading Up 0.6 %

TEF opened at $4.57 on Tuesday. Telefónica, S.A. has a one year low of $3.89 and a one year high of $4.93. The company has a market cap of $25.88 billion, a P/E ratio of -17.56 and a beta of 0.62. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.81 and a current ratio of 0.85. The business’s 50-day simple moving average is $4.16 and its 200-day simple moving average is $4.42.

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.