Telefónica, S.A. (NYSE:TEF) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its position in Telefónica, S.A. (NYSE:TEF) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 397,905 shares of the utilities provider’s stock after purchasing an additional 3,688 shares during the period. Crossmark Global Holdings Inc.’s holdings in Telefónica were worth $1,600,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. FMR LLC lifted its position in Telefónica by 8.3% during the 3rd quarter. FMR LLC now owns 1,898,978 shares of the utilities provider’s stock worth $9,229,000 after acquiring an additional 146,259 shares in the last quarter. Horizon Kinetics Asset Management LLC lifted its position in Telefónica by 24.7% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 387,777 shares of the utilities provider’s stock worth $1,885,000 after acquiring an additional 76,912 shares in the last quarter. Mainstay Capital Management LLC ADV lifted its position in Telefónica by 8.1% during the 3rd quarter. Mainstay Capital Management LLC ADV now owns 385,851 shares of the utilities provider’s stock worth $1,875,000 after acquiring an additional 29,059 shares in the last quarter. Cerity Partners LLC lifted its position in Telefónica by 79.0% during the 3rd quarter. Cerity Partners LLC now owns 322,692 shares of the utilities provider’s stock worth $1,568,000 after acquiring an additional 142,451 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its position in Telefónica by 274.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 316,566 shares of the utilities provider’s stock worth $1,539,000 after acquiring an additional 231,919 shares in the last quarter. 1.14% of the stock is owned by institutional investors and hedge funds.

Telefónica Price Performance

TEF stock opened at $3.90 on Friday. Telefónica, S.A. has a 52-week low of $3.82 and a 52-week 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 1.33. The company has a market capitalization of $22.09 billion, a PE ratio of -14.98 and a beta of 0.68. The stock’s 50 day moving average is $4.23 and its two-hundred day moving average is $4.47.

Telefónica (NYSE:TEF) last issued its quarterly earnings results on Thursday, November 7th. The utilities provider reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.04. Telefónica had a positive return on equity of 10.10% and a negative net margin of 2.84%. The business had revenue of $11.02 billion during the quarter, compared to the consensus estimate of $11 billion. Analysts predict that Telefónica, S.A. will post 0.29 earnings per share for the current fiscal year.

Telefónica Cuts Dividend

The company also recently declared a semi-annual dividend, which was paid on Friday, January 10th. Stockholders of record on Wednesday, December 18th were issued a $0.1576 dividend. The ex-dividend date was Wednesday, December 18th. This represents a dividend yield of 5.2%. Telefónica’s dividend payout ratio (DPR) is -84.62%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on TEF shares. HSBC raised Telefónica from a “reduce” rating to a “hold” rating in a research report on Wednesday, October 2nd. Hsbc Global Res upgraded Telefónica to a “hold” rating in a report on Wednesday, October 2nd. Finally, StockNews.com upgraded Telefónica from a “hold” rating to a “buy” rating in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Telefónica currently 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.