Shares of Telefonica SA (NYSE:TEF) have earned a consensus recommendation of “Hold” from the eighteen brokerages that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $10.98.

Several equities analysts have weighed in on the stock. BidaskClub upgraded shares of Telefonica SA from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Zacks Investment Research lowered shares of Telefonica SA from a “buy” rating to a “strong sell” rating in a report on Thursday, July 13th. ValuEngine raised shares of Telefonica SA from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 7th. BNP Paribas assumed coverage on shares of Telefonica SA in a research note on Wednesday, May 31st. They issued a “neutral” rating on the stock. Finally, TheStreet raised shares of Telefonica SA from a “c” rating to a “b” rating in a research note on Thursday, May 25th.

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Telefonica SA (NYSE:TEF) traded down 0.18% on Monday, hitting $10.86. 314,403 shares of the company’s stock traded hands. The stock has a market cap of $54.97 billion, a PE ratio of 20.41 and a beta of 1.32. The stock has a 50-day moving average of $10.77 and a 200-day moving average of $10.62. Telefonica SA has a one year low of $8.15 and a one year high of $11.64.

The business also recently announced a None dividend, which was paid on Thursday, June 29th. Investors of record on Thursday, June 15th were given a $0.168 dividend. The ex-dividend date of this dividend was Tuesday, June 13th. Telefonica SA’s dividend payout ratio is presently 98.08%.

A number of hedge funds and other institutional investors have recently made changes to their positions in TEF. Greenleaf Trust acquired a new position in shares of Telefonica SA during the first quarter worth $151,000. Wetherby Asset Management Inc. raised its stake in Telefonica SA by 30.8% in the first quarter. Wetherby Asset Management Inc. now owns 31,511 shares of the utilities provider’s stock worth $353,000 after buying an additional 7,416 shares in the last quarter. Mondrian Investment Partners LTD raised its stake in Telefonica SA by 32.8% in the first quarter. Mondrian Investment Partners LTD now owns 3,575,537 shares of the utilities provider’s stock worth $40,010,000 after buying an additional 884,000 shares in the last quarter. Profund Advisors LLC raised its stake in Telefonica SA by 46.2% in the first quarter. Profund Advisors LLC now owns 146,810 shares of the utilities provider’s stock worth $1,643,000 after buying an additional 46,388 shares in the last quarter. Finally, Butensky & Cohen Financial Security Inc. raised its stake in Telefonica SA by 1.7% in the first quarter. Butensky & Cohen Financial Security Inc. now owns 115,566 shares of the utilities provider’s stock worth $1,293,000 after buying an additional 1,976 shares in the last quarter. 0.93% of the stock is currently owned by hedge funds and other institutional investors.

About Telefonica SA

Telefonica, SA is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company’s services and products include Mobile business, Fixed-line telephony business and Digital services. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica (formed by the Company’s operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela and Central America, Ecuador and Uruguay).

Analyst Recommendations for Telefonica SA (NYSE:TEF)

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