Telefónica, S.A. (NYSE:TEF) Receives Consensus Rating of "Reduce" from Analysts

Telefónica, S.A. (NYSE:TEF - Get Free Report) has been assigned an average rating of "Reduce" from the six brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company.

Several equities analysts recently weighed in on the stock. StockNews.com raised shares of Telefónica from a "hold" rating to a "buy" rating in a research note on Wednesday, March 5th. Sanford C. Bernstein assumed coverage on shares of Telefónica in a research report on Tuesday. They issued a "market perform" rating for the company.

Telefónica Stock Up 0.7 %

TEF stock traded up $0.04 during mid-day trading on Tuesday, reaching $4.93. The company had a trading volume of 363,257 shares, compared to its average volume of 689,816. The company has a market capitalization of $27.93 billion, a price-to-earnings ratio of -18.94 and a beta of 0.43. Telefónica has a 52 week low of $3.89 and a 52 week high of $5.05. The stock has a 50 day simple moving average of $4.58 and a two-hundred day simple moving average of $4.42. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.85 and a quick ratio of 0.81.

Institutional Investors Weigh In On Telefónica

Several hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC boosted its holdings in shares of Telefónica by 71.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,236 shares of the utilities provider's stock worth $25,000 after acquiring an additional 2,603 shares during the period. Callan Family Office LLC bought a new position in Telefónica in the fourth quarter valued at about $44,000. Sanctuary Advisors LLC acquired a new stake in shares of Telefónica in the 3rd quarter valued at approximately $45,000. Drive Wealth Management LLC bought a new stake in shares of Telefónica during the fourth quarter worth $45,000. Finally, Prospect Financial Group LLC bought a new position in Telefónica in the fourth quarter valued at about $45,000. Institutional investors and hedge funds own 1.14% of the company's stock.

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.