Telefónica, S.A. (NYSE:TEF) Shares Bought by Jane Street Group LLC

Jane Street Group LLC lifted its holdings in Telefónica, S.A. (NYSE:TEF - Free Report) by 383.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 159,448 shares of the utilities provider's stock after buying an additional 126,489 shares during the quarter. Jane Street Group LLC's holdings in Telefónica were worth $641,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in Telefónica by 293.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 35,412 shares of the utilities provider's stock valued at $172,000 after purchasing an additional 26,410 shares during the last quarter. Park Avenue Securities LLC lifted its position in Telefónica by 37.2% in the 4th quarter. Park Avenue Securities LLC now owns 15,692 shares of the utilities provider's stock valued at $63,000 after purchasing an additional 4,252 shares during the last quarter. Merit Financial Group LLC bought a new stake in Telefónica in the 4th quarter valued at about $47,000. Drive Wealth Management LLC bought a new stake in Telefónica in the 4th quarter valued at about $45,000. Finally, Blue Trust Inc. lifted its position in Telefónica by 59.6% in the 4th quarter. Blue Trust Inc. now owns 114,184 shares of the utilities provider's stock valued at $459,000 after purchasing an additional 42,639 shares during the last quarter. 1.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Sanford C. Bernstein initiated coverage on shares of Telefónica in a research report on Tuesday, April 22nd. They issued a "market perform" rating on the stock. Wall Street Zen upgraded shares of Telefónica from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, DZ Bank downgraded shares of Telefónica from a "hold" rating to a "strong sell" rating in a research report on Friday, May 16th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, Telefónica currently has a consensus rating of "Hold".

Telefónica Price Performance

Shares of TEF traded down $0.02 during mid-day trading on Wednesday, hitting $5.23. The company's stock had a trading volume of 509,634 shares, compared to its average volume of 705,142. The firm has a 50-day moving average price of $4.83 and a 200 day moving average price of $4.47. The stock has a market capitalization of $29.65 billion, a price-to-earnings ratio of -20.12 and a beta of 0.46. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.85 and a quick ratio of 0.81. Telefónica, S.A. has a fifty-two week low of $3.89 and a fifty-two week high of $5.27.

Telefónica (NYSE:TEF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $9.70 billion for the quarter, compared to analysts' expectations of $10.06 billion. Telefónica had a negative net margin of 2.84% and a positive return on equity of 10.10%. On average, research analysts predict that Telefónica, S.A. will post 0.3 EPS for the current fiscal year.

Telefónica 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.