29,116 Shares in Telefónica, S.A. (NYSE:TEF) Acquired by Sapient Capital LLC

Sapient Capital LLC acquired a new position in Telefónica, S.A. (NYSE:TEF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 29,116 shares of the utilities provider’s stock, valued at approximately $114,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mainstay Capital Management LLC ADV purchased a new position in shares of Telefónica in the fourth quarter worth approximately $1,200,000. HighTower Advisors LLC raised its stake in Telefónica by 37.1% during the 3rd quarter. HighTower Advisors LLC now owns 211,030 shares of the utilities provider’s stock worth $860,000 after acquiring an additional 57,061 shares during the period. Ballentine Partners LLC raised its stake in Telefónica by 9.8% during the 4th quarter. Ballentine Partners LLC now owns 128,194 shares of the utilities provider’s stock worth $500,000 after acquiring an additional 11,429 shares during the period. Pathstone Family Office LLC bought a new stake in Telefónica during the 3rd quarter worth approximately $50,000. Finally, Stifel Financial Corp raised its stake in Telefónica by 5.8% during the 3rd quarter. Stifel Financial Corp now owns 471,496 shares of the utilities provider’s stock worth $1,919,000 after acquiring an additional 25,733 shares during the period. Hedge funds and other institutional investors own 1.14% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Telefónica from a “buy” rating to a “hold” rating in a research note on Monday, March 11th.

Telefónica Stock Performance

NYSE TEF opened at $4.13 on Wednesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.85 and a current ratio of 0.89. Telefónica, S.A. has a 12 month low of $3.71 and a 12 month high of $4.53. The company’s 50 day moving average is $4.16 and its two-hundred day moving average is $4.08.

Telefónica (NYSE:TEF) last released its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $10.93 billion for the quarter, compared to analysts’ expectations of $12.09 billion. Telefónica had a negative net margin of 2.16% and a positive return on equity of 7.38%. During the same quarter last year, the business posted $0.12 earnings per share. As a group, equities research analysts expect that Telefónica, S.A. will post 0.33 EPS for the current fiscal year.

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.