Sapient Capital LLC Buys New Shares in Telefónica, S.A. (NYSE:TEF)

Sapient Capital LLC purchased a new position in shares of Telefónica, S.A. (NYSE:TEF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,504 shares of the utilities provider’s stock, valued at approximately $45,000.

A number of other large investors have also recently added to or reduced their stakes in TEF. Barclays PLC boosted its position in Telefónica by 52.6% during the third quarter. Barclays PLC now owns 2,952,132 shares of the utilities provider’s stock worth $12,015,000 after purchasing an additional 1,017,590 shares during the period. FMR LLC raised its stake in Telefónica by 5.5% in the 3rd quarter. FMR LLC now owns 1,474,421 shares of the utilities provider’s stock worth $6,001,000 after purchasing an additional 76,410 shares in the last quarter. Stifel Financial Corp boosted its holdings in Telefónica by 5.8% in the 3rd quarter. Stifel Financial Corp now owns 471,496 shares of the utilities provider’s stock valued at $1,919,000 after purchasing an additional 25,733 shares during the period. Natixis Advisors L.P. grew its position in shares of Telefónica by 44.1% during the 3rd quarter. Natixis Advisors L.P. now owns 365,731 shares of the utilities provider’s stock worth $1,489,000 after purchasing an additional 111,895 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV bought a new position in shares of Telefónica during the fourth quarter worth approximately $1,200,000. Institutional investors and hedge funds own 1.14% of the company’s stock.

Telefónica Stock Down 2.6 %

TEF stock opened at $4.44 on Thursday. Telefónica, S.A. has a 52 week low of $3.71 and a 52 week high of $4.59. The business has a 50-day simple moving average of $4.31 and a 200 day simple moving average of $4.12. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 1.23. The company has a market cap of $25.64 billion, a PE ratio of -21.14, a price-to-earnings-growth ratio of 3.14 and a beta of 0.69.

Telefónica (NYSE:TEF) last issued its quarterly earnings results on Thursday, February 22nd. The utilities provider reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. Telefónica had a negative net margin of 2.16% and a positive return on equity of 7.38%. The company had revenue of $10.93 billion during the quarter, compared to the consensus estimate of $12.09 billion. During the same quarter in the prior year, the firm posted $0.12 EPS. Sell-side analysts anticipate that Telefónica, S.A. will post 0.33 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.