Signaturefd LLC Has $359,000 Stock Holdings in Telefónica, S.A. (NYSE:TEF)

Signaturefd LLC decreased its stake in Telefónica, S.A. (NYSE:TEF) by 3.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 89,218 shares of the utilities provider’s stock after selling 3,168 shares during the period. Signaturefd LLC’s holdings in Telefónica were worth $359,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. FMR LLC lifted its stake in Telefónica by 8.3% in the third quarter. FMR LLC now owns 1,898,978 shares of the utilities provider’s stock valued at $9,229,000 after buying an additional 146,259 shares during the period. Drum Hill Capital LLC acquired a new position in Telefónica in the fourth quarter valued at about $2,001,000. Mainstay Capital Management LLC ADV lifted its stake in Telefónica by 3.3% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 398,457 shares of the utilities provider’s stock valued at $1,602,000 after buying an additional 12,606 shares during the period. Crossmark Global Holdings Inc. lifted its stake in Telefónica by 0.9% in the fourth quarter. Crossmark Global Holdings Inc. now owns 397,905 shares of the utilities provider’s stock valued at $1,600,000 after buying an additional 3,688 shares during the period. Finally, Horizon Kinetics Asset Management LLC lifted its stake in Telefónica by 24.7% in the third quarter. Horizon Kinetics Asset Management LLC now owns 387,777 shares of the utilities provider’s stock valued at $1,885,000 after buying an additional 76,912 shares during the period. Institutional investors and hedge funds own 1.14% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Telefónica from a “hold” rating to a “buy” rating in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Telefónica Trading Down 0.7 %

NYSE TEF opened at $4.64 on Friday. The firm has a market cap of $26.28 billion, a P/E ratio of -17.83 and a beta of 0.62. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.85 and a quick ratio of 0.81. The stock’s 50-day moving average is $4.27 and its 200-day moving average is $4.43. Telefónica, S.A. has a one year low of $3.89 and a one year high of $4.93.

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.