Jane Street Group LLC Takes $160,000 Position in Telefónica, S.A. (NYSE:TEF)

Jane Street Group LLC acquired a new position in Telefónica, S.A. (NYSE:TEF) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 32,959 shares of the utilities provider’s stock, valued at approximately $160,000.

Other institutional investors have also recently bought and sold shares of the company. Decatur Capital Management Inc. acquired a new position in shares of Telefónica in the 2nd quarter valued at $70,000. GAMMA Investing LLC raised its holdings in shares of Telefónica by 92.3% in the 3rd quarter. GAMMA Investing LLC now owns 16,039 shares of the utilities provider’s stock valued at $78,000 after purchasing an additional 7,697 shares during the period. Legacy Financial Advisors Inc. bought a new stake in shares of Telefónica in the 2nd quarter valued at about $85,000. Financial Counselors Inc. raised its holdings in shares of Telefónica by 83.8% in the 3rd quarter. Financial Counselors Inc. now owns 18,645 shares of the utilities provider’s stock valued at $91,000 after purchasing an additional 8,502 shares during the period. Finally, Choreo LLC bought a new stake in shares of Telefónica in the 2nd quarter valued at about $102,000. Institutional investors own 1.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. StockNews.com upgraded shares of Telefónica from a “hold” rating to a “buy” rating in a research note on Thursday, December 12th. HSBC upgraded shares of Telefónica from a “reduce” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Hsbc Global Res upgraded shares of Telefónica to a “hold” rating in a research note on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Telefónica currently has a consensus rating of “Hold”.

Telefónica Stock Up 0.3 %

Shares of TEF opened at $3.95 on Tuesday. The firm’s 50-day simple moving average is $4.29 and its 200 day simple moving average is $4.48. Telefónica, S.A. has a 52 week low of $3.82 and a 52 week high of $4.93. The firm has a market cap of $22.40 billion, a P/E ratio of -15.19 and a beta of 0.68. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.81 and a current ratio of 0.85.

Telefónica Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, January 10th. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1576 per share. The ex-dividend date was Wednesday, December 18th. This represents a dividend yield of 5.2%. Telefónica’s payout ratio is presently -84.62%.

Telefónica 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.