Barclays PLC Buys 30,738 Shares of Telefónica, S.A. (NYSE:TEF)

Barclays PLC grew its stake in Telefónica, S.A. (NYSE:TEF) by 20.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 178,271 shares of the utilities provider’s stock after purchasing an additional 30,738 shares during the period. Barclays PLC’s holdings in Telefónica were worth $867,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its holdings in shares of Telefónica by 21.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 115,212 shares of the utilities provider’s stock worth $485,000 after acquiring an additional 20,393 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Telefónica by 10.5% in the 2nd quarter. Rhumbline Advisers now owns 94,537 shares of the utilities provider’s stock worth $398,000 after acquiring an additional 8,969 shares in the last quarter. Choreo LLC acquired a new position in shares of Telefónica in the 2nd quarter worth approximately $102,000. American Century Companies Inc. boosted its holdings in shares of Telefónica by 0.4% in the 2nd quarter. American Century Companies Inc. now owns 1,258,793 shares of the utilities provider’s stock worth $5,300,000 after acquiring an additional 4,949 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Telefónica by 26.1% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 115,043 shares of the utilities provider’s stock worth $484,000 after acquiring an additional 23,789 shares in the last quarter. 1.14% of the stock is currently owned by institutional investors.

Telefónica Stock Up 1.0 %

NYSE:TEF opened at $4.03 on Thursday. The stock’s fifty day moving average price is $4.28 and its two-hundred day moving average price is $4.48. Telefónica, S.A. has a 52-week low of $3.82 and a 52-week high of $4.93. 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 company has a market cap of $22.85 billion, a price-to-earnings ratio of -15.50 and a beta of 0.68.

Telefónica Cuts Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. HSBC raised Telefónica from a “reduce” rating to a “hold” rating in a report on Wednesday, October 2nd. StockNews.com raised Telefónica from a “hold” rating to a “buy” rating in a report on Thursday, December 12th. Finally, Hsbc Global Res raised Telefónica to a “hold” rating in a report on Wednesday, October 2nd. One research 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. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

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.