Nia Impact Advisors LLC Grows Stake in Telefónica, S.A. (NYSE:TEF)

Nia Impact Advisors LLC lifted its position in Telefónica, S.A. (NYSE:TEF - Free Report) by 11.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 982,717 shares of the utilities provider's stock after acquiring an additional 101,030 shares during the period. Telefónica accounts for about 1.3% of Nia Impact Advisors LLC's investment portfolio, making the stock its 25th largest holding. Nia Impact Advisors LLC's holdings in Telefónica were worth $3,951,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TEF. Millennium Management LLC increased its position in Telefónica by 179.2% during the 4th quarter. Millennium Management LLC now owns 281,932 shares of the utilities provider's stock valued at $1,133,000 after buying an additional 180,945 shares in the last quarter. Focus Partners Wealth increased its position in Telefónica by 34.5% during the 4th quarter. Focus Partners Wealth now owns 21,170 shares of the utilities provider's stock valued at $85,000 after buying an additional 5,435 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in Telefónica during the 4th quarter valued at approximately $188,000. Cetera Investment Advisers bought a new position in Telefónica during the 4th quarter valued at approximately $48,000. Finally, Ameriprise Financial Inc. increased its position in Telefónica by 53.2% during the 4th quarter. Ameriprise Financial Inc. now owns 324,690 shares of the utilities provider's stock valued at $1,309,000 after buying an additional 112,724 shares in the last quarter. Institutional investors own 1.14% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. StockNews.com lowered Telefónica from a "buy" rating to a "hold" rating in a research report on Wednesday. Sanford C. Bernstein assumed coverage on Telefónica in a research report on Tuesday, April 22nd. They set a "market perform" rating for the company. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold".

Telefónica Stock Up 2.0%

Shares of Telefónica stock traded up $0.10 on Friday, reaching $4.92. The company's stock had a trading volume of 881,986 shares, compared to its average volume of 702,448. The company has a market capitalization of $27.87 billion, a price-to-earnings ratio of -18.90 and a beta of 0.46. The firm's fifty day simple moving average is $4.77 and its two-hundred day simple moving average is $4.44. Telefónica, S.A. has a 52 week low of $3.89 and a 52 week high of $5.15. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 1.33.

Telefónica (NYSE:TEF - Get Free Report) last posted its earnings results on Wednesday, May 14th. The utilities provider reported $0.08 EPS for the quarter, hitting analysts' consensus estimates of $0.08. The business had revenue of $9.70 billion during the quarter, compared to analyst estimates of $10.06 billion. Telefónica had a positive return on equity of 10.10% and a negative net margin of 2.84%. Equities analysts anticipate that Telefónica, S.A. will post 0.3 earnings per share for the current year.

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.