14,163 Shares in Telefonica S.A. (TEF) Purchased by Lindbrook Capital LLC

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Lindbrook Capital LLC bought a new position in shares of Telefonica S.A. (NYSE:TEF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,163 shares of the utilities provider’s stock, valued at approximately $119,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TEF. Morgan Stanley grew its holdings in shares of Telefonica by 26.9% in the third quarter. Morgan Stanley now owns 7,168,613 shares of the utilities provider’s stock valued at $56,346,000 after purchasing an additional 1,521,446 shares in the last quarter. Stevens Capital Management LP purchased a new position in shares of Telefonica in the third quarter valued at $599,000. First Trust Advisors LP grew its holdings in shares of Telefonica by 25.0% in the third quarter. First Trust Advisors LP now owns 229,437 shares of the utilities provider’s stock valued at $1,803,000 after purchasing an additional 45,878 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Telefonica in the third quarter valued at $200,000. Finally, Rational Advisors LLC grew its holdings in shares of Telefonica by 27.5% in the third quarter. Rational Advisors LLC now owns 96,400 shares of the utilities provider’s stock valued at $757,000 after purchasing an additional 20,790 shares in the last quarter. Institutional investors own 0.83% of the company’s stock.

A number of analysts recently issued reports on TEF shares. ValuEngine upgraded Telefonica from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 1st. Citigroup upgraded Telefonica to a “buy” rating in a research report on Friday, December 14th. TheStreet upgraded Telefonica from a “c+” rating to a “b-” rating in a research report on Monday, December 17th. Zacks Investment Research upgraded Telefonica from a “hold” rating to a “buy” rating and set a $9.50 price target for the company in a research report on Monday, December 31st. Finally, UBS Group restated a “buy” rating on shares of Telefonica in a research report on Wednesday, January 16th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $9.75.

NYSE:TEF opened at $8.74 on Thursday. Telefonica S.A. has a twelve month low of $7.70 and a twelve month high of $10.22. The firm has a market cap of $45.02 billion, a PE ratio of 10.40 and a beta of 0.68. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.88.

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Telefonica Company Profile

Telefónica, SA provides mobile and fixed communication services primarily in the European Union and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.

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Institutional Ownership by Quarter for Telefonica (NYSE:TEF)

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