Telefónica, S.A. (NYSE:TEF) Given Average Recommendation of "Reduce" by Analysts

Shares of Telefónica, S.A. (NYSE:TEF - Get Free Report) have earned an average rating of "Reduce" from the five research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

Separately, StockNews.com upgraded shares of Telefónica from a "hold" rating to a "buy" rating in a research note on Wednesday.

Institutional Trading of Telefónica

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp boosted its stake in Telefónica by 30.7% in the 4th quarter. Northern Trust Corp now owns 3,622,588 shares of the utilities provider's stock worth $14,563,000 after buying an additional 851,581 shares during the last quarter. FMR LLC boosted its stake in Telefónica by 8.3% in the 3rd quarter. FMR LLC now owns 1,898,978 shares of the utilities provider's stock worth $9,229,000 after buying an additional 146,259 shares during the last quarter. American Century Companies Inc. boosted its stake in Telefónica by 4.9% in the 4th quarter. American Century Companies Inc. now owns 1,429,565 shares of the utilities provider's stock worth $5,747,000 after buying an additional 66,797 shares during the last quarter. Nia Impact Advisors LLC boosted its stake in Telefónica by 11.5% in the 4th quarter. Nia Impact Advisors LLC now owns 982,717 shares of the utilities provider's stock worth $3,951,000 after buying an additional 101,030 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in Telefónica by 36.7% in the 4th quarter. First Trust Advisors LP now owns 963,584 shares of the utilities provider's stock worth $3,874,000 after buying an additional 258,489 shares during the last quarter. Hedge funds and other institutional investors own 1.14% of the company's stock.

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Telefónica Trading Up 0.8 %

NYSE:TEF traded up $0.04 on Monday, reaching $4.44. 543,532 shares of the company's stock were exchanged, compared to its average volume of 666,736. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $25.15 billion, a price-to-earnings ratio of -17.06 and a beta of 0.68. The business has a fifty day moving average of $4.14 and a 200-day moving average of $4.43. Telefónica has a 52-week low of $3.89 and a 52-week high of $4.93.

About Telefónica

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.