Virtu Financial LLC bought a new stake in shares of Telefónica, S.A. (NYSE:TEF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 75,572 shares of the utilities provider's stock, valued at approximately $304,000.
A number of other hedge funds have also recently bought and sold shares of the company. Callan Family Office LLC bought a new position in shares of Telefónica during the 4th quarter valued at about $44,000. Sanctuary Advisors LLC acquired a new stake in Telefónica during the third quarter valued at approximately $45,000. Drive Wealth Management LLC acquired a new stake in Telefónica during the fourth quarter valued at approximately $45,000. Merit Financial Group LLC bought a new stake in Telefónica during the fourth quarter worth approximately $47,000. Finally, Carrera Capital Advisors acquired a new position in Telefónica in the fourth quarter worth approximately $47,000. 1.14% of the stock is owned by institutional investors and hedge funds.
Telefónica Trading Up 1.0 %
NYSE TEF traded up $0.05 on Tuesday, hitting $4.71. 668,551 shares of the company were exchanged, compared to its average volume of 678,184. Telefónica, S.A. has a twelve month low of $3.89 and a twelve month high of $4.93. The company's 50 day moving average price is $4.36 and its 200-day moving average price is $4.43. The firm has a market capitalization of $26.68 billion, a P/E ratio of -18.10 and a beta of 0.62. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.85 and a quick ratio of 0.81.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Telefónica from a "hold" rating to a "buy" rating in a research report on Wednesday, March 5th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Telefónica has a consensus rating of "Hold".
Read Our Latest Report on Telefónica
Telefónica Profile
(
Free Report)
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.
Further Reading
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