Shares of Telefonica SA (NYSE:TEF) have earned an average rating of “Hold” from the seven brokerages that are currently covering the company. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.
A number of equities research analysts have issued reports on TEF shares. Zacks Investment Research lowered shares of Telefonica SA from a “buy” rating to a “hold” rating in a report on Friday, September 16th. Goldman Sachs Group Inc. lowered shares of Telefonica SA from a “buy” rating to a “neutral” rating in a report on Tuesday, June 28th.
Several hedge funds and other institutional investors have recently bought and sold shares of TEF. GFS Advisors LLC raised its position in Telefonica SA by 165.2% in the second quarter. GFS Advisors LLC now owns 585,398 shares of the company’s stock worth $5,549,000 after buying an additional 364,657 shares during the period. BlackRock Inc. acquired a new position in Telefonica SA during the first quarter worth $3,133,000. Aperio Group LLC raised its position in Telefonica SA by 51.7% in the first quarter. Aperio Group LLC now owns 781,901 shares of the company’s stock worth $8,703,000 after buying an additional 266,584 shares during the period. Royal Bank of Canada raised its position in Telefonica SA by 134.3% in the second quarter. Royal Bank of Canada now owns 368,214 shares of the company’s stock worth $3,491,000 after buying an additional 211,080 shares during the period. Finally, PVG Asset Management raised its position in Telefonica SA by 61.8% in the second quarter. PVG Asset Management now owns 224,703 shares of the company’s stock worth $2,130,000 after buying an additional 85,793 shares during the period. 1.36% of the stock is owned by hedge funds and other institutional investors.
Shares of Telefonica SA (NYSE:TEF) opened at 10.16 on Thursday. The company’s 50-day moving average is $10.23 and its 200-day moving average is $10.21. Telefonica SA has a 12-month low of $8.34 and a 12-month high of $13.53. The company has a market capitalization of $59.54 billion, a price-to-earnings ratio of 28.70 and a beta of 1.52.
About Telefonica SA
Telefonica, SA is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company’s services and products include Mobile business, Fixed-line telephony business and Digital services. The Company’s segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica.
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