Greenleaf Trust Has $330,000 Position in Telefónica, S.A. (NYSE:TEF)

Greenleaf Trust increased its position in shares of Telefónica, S.A. (NYSE:TEF) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,502 shares of the utilities provider’s stock after purchasing an additional 7,538 shares during the period. Greenleaf Trust’s holdings in Telefónica were worth $330,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Mainstay Capital Management LLC ADV acquired a new stake in Telefónica during the 4th quarter worth approximately $1,200,000. Financial Counselors Inc. acquired a new position in Telefónica in the 4th quarter valued at $49,000. HighTower Advisors LLC raised its holdings 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 acquiring an additional 57,061 shares in the last quarter. Ballentine Partners LLC raised its holdings 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 acquiring an additional 11,429 shares in the last quarter. Finally, Pathstone Family Office LLC acquired a new position in Telefónica in the 3rd quarter valued at $50,000. 1.14% of the stock is owned by institutional investors and hedge funds.

Telefónica Price Performance

Shares of NYSE TEF opened at $4.43 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 1.23. The business has a fifty day moving average price of $4.20 and a two-hundred day moving average price of $4.09. Telefónica, S.A. has a fifty-two week low of $3.71 and a fifty-two week high of $4.53.

Telefónica (NYSE:TEF) last issued its quarterly earnings results 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 company had revenue of $10.93 billion for the quarter, compared to analyst estimates of $12.09 billion. During the same quarter last year, the company posted $0.12 EPS. On average, equities research analysts anticipate that Telefónica, S.A. will post 0.33 EPS for the current year.

Analyst Upgrades and Downgrades

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

Telefónica 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.