Telefónica, S.A. (NYSE:TEF) Stock Holdings Increased by Optiver Holding B.V.

Optiver Holding B.V. lifted its position in shares of Telefónica, S.A. (NYSE:TEF - Free Report) by 204.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 213,465 shares of the utilities provider's stock after buying an additional 143,293 shares during the quarter. Optiver Holding B.V.'s holdings in Telefónica were worth $858,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Tower Research Capital LLC TRC grew its position in Telefónica by 71.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,236 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 2,603 shares during the period. Callan Family Office LLC purchased a new stake in Telefónica during the 4th quarter worth approximately $44,000. Sanctuary Advisors LLC acquired a new stake in Telefónica in the third quarter valued at $45,000. Drive Wealth Management LLC acquired a new stake in shares of Telefónica in the 4th quarter valued at about $45,000. Finally, Prospect Financial Group LLC bought a new position in shares of Telefónica during the fourth quarter worth about $45,000. Hedge funds and other institutional investors own 1.14% of the company's stock.

Telefónica Stock Performance

NYSE TEF traded down $0.10 during trading hours on Friday, reaching $5.05. The company's stock had a trading volume of 423,406 shares, compared to its average volume of 690,022. The business has a 50-day simple moving average of $4.67 and a 200 day simple moving average of $4.42. The stock has a market cap of $28.63 billion, a PE ratio of -19.42 and a beta of 0.46. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 1.33. Telefónica, S.A. has a 52 week low of $3.89 and a 52 week high of $5.15.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. StockNews.com upgraded Telefónica from a "hold" rating to a "buy" rating in a research note on Wednesday, March 5th. Sanford C. Bernstein assumed coverage on Telefónica in a research note on Tuesday, April 22nd. They set a "market perform" rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold".

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.