Telefónica, S.A. (NYSE:TEF) Shares Purchased by Gitterman Wealth Management LLC

Gitterman Wealth Management LLC increased its stake in shares of Telefónica, S.A. (NYSE:TEF) by 8.5% during the 4th quarter, Holdings Channel reports. The fund owned 41,311 shares of the utilities provider’s stock after purchasing an additional 3,246 shares during the quarter. Gitterman Wealth Management LLC’s holdings in Telefónica were worth $166,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Franklin Resources Inc. grew its holdings in Telefónica by 3.7% during the third quarter. Franklin Resources Inc. now owns 64,522 shares of the utilities provider’s stock worth $308,000 after acquiring an additional 2,332 shares during the period. GAMMA Investing LLC grew its holdings in Telefónica by 18.3% during the fourth quarter. GAMMA Investing LLC now owns 18,975 shares of the utilities provider’s stock worth $76,000 after acquiring an additional 2,936 shares during the period. MML Investors Services LLC grew its holdings in Telefónica by 7.8% during the third quarter. MML Investors Services LLC now owns 45,289 shares of the utilities provider’s stock worth $220,000 after acquiring an additional 3,266 shares during the period. Crossmark Global Holdings Inc. grew its holdings in Telefónica by 0.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 397,905 shares of the utilities provider’s stock worth $1,600,000 after acquiring an additional 3,688 shares during the period. Finally, Aaron Wealth Advisors LLC grew its holdings in Telefónica by 7.2% during the fourth quarter. Aaron Wealth Advisors LLC now owns 58,218 shares of the utilities provider’s stock worth $234,000 after acquiring an additional 3,902 shares during the period. 1.14% of the stock is owned by institutional investors and hedge funds.

Telefónica Stock Up 1.0 %

Shares of TEF opened at $4.70 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 1.33. The stock’s 50 day moving average is $4.21 and its two-hundred day moving average is $4.43. The firm has a market cap of $26.62 billion, a P/E ratio of -18.06 and a beta of 0.62. Telefónica, S.A. has a 12 month low of $3.89 and a 12 month high of $4.93.

Analyst Ratings Changes

Separately, StockNews.com raised Telefónica from a “hold” rating to a “buy” rating in a report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average 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.