Ewa LLC Buys Shares of 21,350 Telefónica, S.A. (NYSE:TEF)

Ewa LLC bought a new stake in Telefónica, S.A. (NYSE:TEF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,350 shares of the utilities provider’s stock, valued at approximately $85,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Callan Capital LLC purchased a new stake in Telefónica in the fourth quarter valued at $66,000. Greenleaf Trust raised its position in Telefónica by 9.8% in the fourth quarter. Greenleaf Trust now owns 84,502 shares of the utilities provider’s stock valued at $330,000 after purchasing an additional 7,538 shares during the period. Koshinski Asset Management Inc. raised its position in Telefónica by 100.0% in the fourth quarter. Koshinski Asset Management Inc. now owns 106,000 shares of the utilities provider’s stock valued at $413,000 after purchasing an additional 53,000 shares during the period. Sapient Capital LLC purchased a new stake in Telefónica in the fourth quarter valued at $114,000. Finally, Cerity Partners LLC raised its position in Telefónica by 5.7% in the fourth quarter. Cerity Partners LLC now owns 161,180 shares of the utilities provider’s stock valued at $629,000 after purchasing an additional 8,632 shares during the period. Hedge funds and other institutional investors own 1.14% of the company’s stock.

Wall Street Analyst Weigh In

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

Telefónica Trading Up 0.7 %

Shares of TEF stock traded up $0.03 on Monday, hitting $4.53. The stock had a trading volume of 547,764 shares, compared to its average volume of 777,880. 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 has a market capitalization of $26.16 billion, a P/E ratio of -21.57, a P/E/G ratio of 3.10 and a beta of 0.70. Telefónica, S.A. has a 1 year low of $3.71 and a 1 year high of $4.55. The company’s 50 day moving average price is $4.24 and its 200-day moving average price is $4.10.

Telefónica (NYSE:TEF) last posted its quarterly earnings data on Thursday, February 22nd. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. Telefónica had a positive return on equity of 7.38% and a negative net margin of 2.16%. The firm had revenue of $10.93 billion for the quarter, compared to the consensus estimate of $12.09 billion. During the same quarter in the previous year, the business earned $0.12 EPS. Analysts anticipate that Telefónica, S.A. will post 0.33 earnings per share for the current year.

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.