11,504 Shares in Telefónica, S.A. (NYSE:TEF) Bought by Sapient Capital LLC

Sapient Capital LLC purchased a new stake in shares of Telefónica, S.A. (NYSE:TEF) in the fourth quarter, Holdings Channel reports. The firm purchased 11,504 shares of the utilities provider’s stock, valued at approximately $45,000.

Several other institutional investors have also added to or reduced their stakes in TEF. Intelligence Driven Advisers LLC raised its stake in shares of Telefónica by 50.1% during the fourth quarter. Intelligence Driven Advisers LLC now owns 23,645 shares of the utilities provider’s stock valued at $97,000 after acquiring an additional 7,895 shares during the last quarter. First Trust Direct Indexing L.P. lifted its holdings in Telefónica by 19.1% in the 4th quarter. First Trust Direct Indexing L.P. now owns 259,489 shares of the utilities provider’s stock worth $1,012,000 after buying an additional 41,662 shares during the period. EWA LLC bought a new stake in shares of Telefónica in the 4th quarter worth approximately $85,000. Callan Capital LLC purchased a new position in shares of Telefónica during the fourth quarter valued at approximately $66,000. Finally, Greenleaf Trust raised its holdings in shares of Telefónica by 9.8% during the fourth quarter. Greenleaf Trust now owns 84,502 shares of the utilities provider’s stock valued at $330,000 after acquiring an additional 7,538 shares in the last quarter. Hedge funds and other institutional investors own 1.14% of the company’s stock.

Analysts Set New Price Targets

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

Telefónica Trading Down 2.6 %

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

Telefónica (NYSE:TEF) last released its 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 firm had revenue of $10.93 billion for the quarter, compared to the consensus estimate of $12.09 billion. During the same period in the prior year, the firm earned $0.12 EPS. Equities research analysts predict that Telefónica, S.A. will post 0.33 earnings per share for the current fiscal year.

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.