Natixis Advisors LLC Sells 139,726 Shares of Telefónica, S.A. (NYSE:TEF)

Natixis Advisors LLC lessened its position in Telefónica, S.A. (NYSE:TEF) by 25.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 418,843 shares of the utilities provider’s stock after selling 139,726 shares during the period. Natixis Advisors LLC’s holdings in Telefónica were worth $1,684,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in Telefónica by 8.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 308,396 shares of the utilities provider’s stock worth $1,499,000 after acquiring an additional 24,854 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Telefónica by 79.0% during the third quarter. Cerity Partners LLC now owns 322,692 shares of the utilities provider’s stock worth $1,568,000 after purchasing an additional 142,451 shares during the last quarter. Horizon Kinetics Asset Management LLC increased its stake in shares of Telefónica by 24.7% in the third quarter. Horizon Kinetics Asset Management LLC now owns 387,777 shares of the utilities provider’s stock valued at $1,885,000 after buying an additional 76,912 shares in the last quarter. FMR LLC raised its holdings in shares of Telefónica by 8.3% in the third quarter. FMR LLC now owns 1,898,978 shares of the utilities provider’s stock valued at $9,229,000 after buying an additional 146,259 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Telefónica by 78.9% in the third quarter. BNP Paribas Financial Markets now owns 173,860 shares of the utilities provider’s stock valued at $845,000 after buying an additional 76,657 shares during the last quarter. Institutional investors own 1.14% of the company’s stock.

Telefónica Trading Down 2.1 %

TEF stock opened at $4.54 on Tuesday. 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, S.A. has a twelve month low of $3.89 and a twelve month high of $4.93. The company has a market cap of $25.71 billion, a P/E ratio of -17.44 and a beta of 0.62. The business has a fifty day moving average of $4.29 and a 200-day moving average of $4.43.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Telefónica from a “hold” rating to a “buy” rating in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. 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.