Telefonica SA (NYSE:TEF) – Investment analysts at Jefferies Group issued their FY2019 earnings per share estimates for Telefonica SA in a research note issued on Monday. Jefferies Group analyst J. Dellis anticipates that the utilities provider will post earnings per share of $1.13 for the year.

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TEF has been the subject of several other reports. TheStreet raised Telefonica SA from a “c” rating to a “b” rating in a research note on Thursday, May 25th. Goldman Sachs Group, Inc. (The) raised Telefonica SA from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 17th. BNP Paribas assumed coverage on Telefonica SA in a research note on Wednesday, May 31st. They issued a “neutral” rating for the company. Zacks Investment Research downgraded Telefonica SA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Finally, BidaskClub raised Telefonica SA from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. Three research analysts have rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $10.69.

Shares of Telefonica SA (NYSE:TEF) traded up 0.92% during mid-day trading on Wednesday, hitting $10.98. The stock had a trading volume of 1,264,879 shares. The stock has a 50 day moving average price of $10.74 and a 200-day moving average price of $10.65. Telefonica SA has a 52-week low of $8.15 and a 52-week high of $11.64. The company has a market cap of $55.58 billion, a PE ratio of 20.64 and a beta of 1.32.

The firm also recently disclosed a None dividend, which was paid on Thursday, June 29th. Stockholders of record on Thursday, June 15th were issued a dividend of $0.168 per share. The ex-dividend date of this dividend was Tuesday, June 13th. Telefonica SA’s dividend payout ratio (DPR) is 98.08%.

Several large investors have recently bought and sold shares of TEF. HighTower Advisors LLC boosted its stake in Telefonica SA by 1.2% in the first quarter. HighTower Advisors LLC now owns 17,725 shares of the utilities provider’s stock valued at $198,000 after buying an additional 215 shares during the period. Ballentine Partners LLC boosted its stake in Telefonica SA by 1.2% in the first quarter. Ballentine Partners LLC now owns 33,699 shares of the utilities provider’s stock valued at $376,000 after buying an additional 392 shares during the period. Bank of New York Mellon Corp boosted its stake in Telefonica SA by 0.3% in the first quarter. Bank of New York Mellon Corp now owns 172,881 shares of the utilities provider’s stock valued at $1,935,000 after buying an additional 436 shares during the period. CIBC World Markets Inc. boosted its stake in Telefonica SA by 4.0% in the first quarter. CIBC World Markets Inc. now owns 34,263 shares of the utilities provider’s stock valued at $383,000 after buying an additional 1,325 shares during the period. Finally, M&T Bank Corp boosted its stake in Telefonica SA by 5.0% in the first quarter. M&T Bank Corp now owns 32,261 shares of the utilities provider’s stock valued at $361,000 after buying an additional 1,525 shares during the period. Institutional investors and hedge funds own 0.93% of the company’s stock.

Telefonica SA Company Profile

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).

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