Telefónica, S.A. (NYSE:TEF) Shares Bought by Optiver Holding B.V.

Optiver Holding B.V. raised its holdings in Telefónica, S.A. (NYSE:TEF - Free Report) by 204.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. 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 reporting period.

Several other institutional investors have also added to or reduced their stakes in TEF. Aquatic Capital Management LLC raised its position in shares of Telefónica by 49.3% in the 4th quarter. Aquatic Capital Management LLC now owns 127,525 shares of the utilities provider's stock valued at $513,000 after purchasing an additional 42,125 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Telefónica by 0.5% during the fourth quarter. Stifel Financial Corp now owns 464,198 shares of the utilities provider's stock worth $1,866,000 after buying an additional 2,478 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of 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 buying an additional 2,603 shares during the last quarter. First Trust Advisors LP increased its position in shares of Telefónica by 36.7% in the 4th quarter. First Trust Advisors LP now owns 963,584 shares of the utilities provider's stock valued at $3,874,000 after acquiring an additional 258,489 shares during the period. Finally, Forum Financial Management LP raised its stake in Telefónica by 76.3% in the 4th quarter. Forum Financial Management LP now owns 31,214 shares of the utilities provider's stock worth $125,000 after acquiring an additional 13,508 shares during the last quarter. Institutional investors and hedge funds own 1.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Sanford C. Bernstein initiated coverage on Telefónica in a report on Tuesday, April 22nd. They issued a "market perform" rating on the stock. StockNews.com upgraded shares of Telefónica from a "hold" rating to a "buy" rating in a report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, Telefónica presently has an average rating of "Hold".

Telefónica Stock Performance

Shares of NYSE TEF traded down $0.10 during trading on Friday, reaching $5.05. 423,406 shares of the company traded hands, compared to its average volume of 689,384. Telefónica, S.A. has a 12-month low of $3.89 and a 12-month high of $5.15. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 1.33. The stock has a market cap of $28.63 billion, a P/E ratio of -19.42 and a beta of 0.43. The firm's fifty day simple moving average is $4.66 and its 200 day simple moving average is $4.43.

Telefónica Company 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.