Intelligence Driven Advisers LLC Has $97,000 Stake in Telefónica, S.A. (NYSE:TEF)

Intelligence Driven Advisers LLC lifted its stake in shares of Telefónica, S.A. (NYSE:TEF) by 50.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,645 shares of the utilities provider’s stock after buying an additional 7,895 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in Telefónica were worth $97,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Mainstay Capital Management LLC ADV acquired a new stake in Telefónica in the 4th quarter valued at $1,200,000. EWA LLC acquired a new stake in Telefónica in the 4th quarter valued at $85,000. Financial Counselors Inc. acquired a new stake in Telefónica in the 4th quarter valued at $49,000. HighTower Advisors LLC grew its position in Telefónica by 37.1% in the 3rd quarter. HighTower Advisors LLC now owns 211,030 shares of the utilities provider’s stock valued at $860,000 after purchasing an additional 57,061 shares during the period. Finally, Ballentine Partners LLC grew its position in Telefónica by 9.8% in the 4th quarter. Ballentine Partners LLC now owns 128,194 shares of the utilities provider’s stock valued at $500,000 after purchasing an additional 11,429 shares during the period. Institutional investors and hedge funds own 1.14% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Telefónica from a “buy” rating to a “hold” rating in a research report on Monday, March 11th.

Telefónica Stock Performance

NYSE:TEF traded up $0.06 during trading hours on Thursday, hitting $4.50. 309,035 shares of the company traded hands, compared to its average volume of 770,392. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.89 and a quick ratio of 0.85. The firm’s 50-day simple moving average is $4.27 and its 200-day simple moving average is $4.11. Telefónica, S.A. has a one year low of $3.71 and a one year high of $4.55.

Telefónica (NYSE:TEF) last issued its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $10.93 billion for the quarter, compared to analysts’ expectations of $12.09 billion. Telefónica had a positive return on equity of 7.38% and a negative net margin of 2.16%. During the same period last year, the business earned $0.12 EPS. As a group, equities research analysts predict that Telefónica, S.A. will post 0.33 EPS 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.