Telefónica, S.A. (NYSE:TEF) Shares Bought by BSW Wealth Partners

BSW Wealth Partners raised its stake in shares of Telefónica, S.A. (NYSE:TEF) by 11.4% in the third quarter, Holdings Channel.com reports. The fund owned 32,150 shares of the utilities provider’s stock after purchasing an additional 3,290 shares during the period. BSW Wealth Partners’ holdings in Telefónica were worth $156,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in TEF. American Century Companies Inc. increased its holdings in Telefónica by 0.4% in the 2nd quarter. American Century Companies Inc. now owns 1,258,793 shares of the utilities provider’s stock valued at $5,300,000 after purchasing an additional 4,949 shares during the last quarter. Nia Impact Advisors LLC acquired a new stake in shares of Telefónica in the second quarter valued at $3,645,000. Natixis Advisors LLC raised its holdings in shares of Telefónica by 81.2% in the 2nd quarter. Natixis Advisors LLC now owns 696,563 shares of the utilities provider’s stock valued at $2,933,000 after buying an additional 312,113 shares during the period. Mainstay Capital Management LLC ADV raised its holdings in shares of Telefónica by 8.1% in the 3rd quarter. Mainstay Capital Management LLC ADV now owns 385,851 shares of the utilities provider’s stock valued at $1,875,000 after buying an additional 29,059 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its stake in Telefónica by 21.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 300,304 shares of the utilities provider’s stock worth $1,324,000 after acquiring an additional 52,586 shares in the last quarter. 1.14% of the stock is owned by hedge funds and other institutional investors.

Telefónica Stock Performance

Shares of TEF stock opened at $4.65 on Tuesday. Telefónica, S.A. has a 1 year low of $3.82 and a 1 year high of $4.93. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 1.37. The stock’s 50-day moving average is $4.73 and its two-hundred day moving average is $4.54.

Analyst Ratings Changes

TEF has been the topic of a number of recent research reports. StockNews.com cut shares of Telefónica from a “buy” rating to a “hold” rating in a research report on Saturday, October 12th. Bank of America downgraded shares of Telefónica from a “buy” rating to a “neutral” rating in a research note on Friday, August 2nd. HSBC raised shares of Telefónica from a “reduce” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Hsbc Global Res upgraded Telefónica to a “hold” rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus 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.