Telefonica S.A. (NYSE:TEF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Telefonica S.A. (NYSE:TEF) have been assigned an average rating of “Hold” from the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $8.50.

A number of research analysts recently weighed in on TEF shares. Macquarie downgraded shares of Telefonica from an “outperform” rating to a “neutral” rating in a research report on Wednesday, March 20th. ValuEngine raised shares of Telefonica from a “sell” rating to a “hold” rating in a research report on Wednesday, May 15th. Berenberg Bank downgraded shares of Telefonica from a “buy” rating to a “hold” rating in a research report on Tuesday, March 12th. Zacks Investment Research raised shares of Telefonica from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of Telefonica in a research report on Friday, May 24th.

Shares of TEF stock traded up $0.03 during trading hours on Monday, hitting $8.29. 1,366,756 shares of the company were exchanged, compared to its average volume of 2,175,206. The company has a 50 day moving average of $8.15. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 1.83. Telefonica has a 52 week low of $7.70 and a 52 week high of $9.11. The stock has a market cap of $43.04 billion, a P/E ratio of 8.73 and a beta of 0.66.

Telefonica (NYSE:TEF) last issued its quarterly earnings data on Friday, May 10th. The utilities provider reported $0.20 earnings per share (EPS) for the quarter. Telefonica had a net margin of 7.35% and a return on equity of 16.89%. The company had revenue of $13.60 billion during the quarter. As a group, sell-side analysts forecast that Telefonica will post 0.89 earnings per share for the current fiscal year.

The firm also recently announced a semiannual dividend, which will be paid on Wednesday, July 3rd. Investors of record on Wednesday, June 19th will be given a $0.2236 dividend. The ex-dividend date is Tuesday, June 18th. Telefonica’s dividend payout ratio (DPR) is currently 35.79%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Checchi Capital Advisers LLC lifted its stake in Telefonica by 8.0% in the first quarter. Checchi Capital Advisers LLC now owns 19,492 shares of the utilities provider’s stock valued at $163,000 after acquiring an additional 1,441 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in Telefonica by 69.0% in the fourth quarter. Proficio Capital Partners LLC now owns 3,552 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 1,450 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Telefonica by 4.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 46,092 shares of the utilities provider’s stock valued at $390,000 after acquiring an additional 1,847 shares during the last quarter. Creative Planning lifted its stake in Telefonica by 18.7% in the fourth quarter. Creative Planning now owns 13,761 shares of the utilities provider’s stock valued at $116,000 after acquiring an additional 2,169 shares during the last quarter. Finally, US Bancorp DE lifted its stake in Telefonica by 4.9% in the first quarter. US Bancorp DE now owns 66,626 shares of the utilities provider’s stock valued at $558,000 after acquiring an additional 3,141 shares during the last quarter. 0.96% of the stock is owned by institutional investors and hedge funds.

Telefonica Company Profile

Telefónica, SA provides mobile and fixed communication services primarily in Europe 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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Analyst Recommendations for Telefonica (NYSE:TEF)

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