Callan Capital LLC Takes Position in Telefónica, S.A. (NYSE:TEF)

Callan Capital LLC bought a new stake in Telefónica, S.A. (NYSE:TEF) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 16,949 shares of the utilities provider’s stock, valued at approximately $66,000.

Other large investors have also modified their holdings of the company. Barclays PLC boosted its holdings in Telefónica by 52.6% in the third quarter. Barclays PLC now owns 2,952,132 shares of the utilities provider’s stock valued at $12,015,000 after purchasing an additional 1,017,590 shares during the last quarter. FMR LLC boosted its holdings in Telefónica by 5.5% in the third quarter. FMR LLC now owns 1,474,421 shares of the utilities provider’s stock valued at $6,001,000 after purchasing an additional 76,410 shares during the last quarter. Stifel Financial Corp boosted its holdings in Telefónica by 5.8% in the third quarter. Stifel Financial Corp now owns 471,496 shares of the utilities provider’s stock valued at $1,919,000 after purchasing an additional 25,733 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in Telefónica by 44.1% in the third quarter. Natixis Advisors L.P. now owns 365,731 shares of the utilities provider’s stock valued at $1,489,000 after purchasing an additional 111,895 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV purchased a new position in Telefónica in the fourth quarter valued at about $1,200,000. Institutional investors and hedge funds own 1.14% of the company’s stock.

Telefónica Price Performance

NYSE:TEF traded up $0.08 during trading hours on Friday, reaching $4.50. 801,845 shares of the stock were exchanged, compared to its average volume of 735,464. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 1.23. The firm has a 50 day simple moving average of $4.24 and a 200-day simple moving average of $4.10. Telefónica, S.A. has a 52 week low of $3.71 and a 52 week high of $4.53.

Telefónica (NYSE:TEF) last released its earnings results on Thursday, February 22nd. The utilities provider reported $0.13 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $12.09 billion. During the same quarter last year, the business posted $0.12 EPS. On average, research analysts predict that Telefónica, S.A. will post 0.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Telefónica Company 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.