Telefonica SA $TEF Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its stake in Telefonica SA (NYSE:TEF) by 1,561.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,569,148 shares of the utilities provider’s stock after purchasing an additional 1,474,721 shares during the period. Oppenheimer & Co. Inc.’s holdings in Telefonica were worth $6,355,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. National Bank of Canada FI increased its holdings in Telefonica by 367.7% in the 3rd quarter. National Bank of Canada FI now owns 4,897 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 3,850 shares during the last quarter. Momentous Wealth Management Inc. acquired a new stake in Telefonica in the 3rd quarter valued at approximately $51,000. Tranquilli Financial Advisor LLC acquired a new stake in Telefonica in the 4th quarter valued at approximately $43,000. Sei Investments Co. acquired a new stake in Telefonica in the 3rd quarter valued at approximately $61,000. Finally, BNP Paribas Financial Markets increased its holdings in Telefonica by 101,907.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 13,261 shares of the utilities provider’s stock valued at $67,000 after purchasing an additional 13,248 shares during the last quarter. Institutional investors and hedge funds own 1.14% of the company’s stock.

Telefonica Price Performance

Telefonica stock opened at $3.81 on Friday. Telefonica SA has a fifty-two week low of $3.80 and a fifty-two week high of $5.72. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.80 and a current ratio of 0.84. The firm has a 50 day moving average price of $3.81 and a 200 day moving average price of $4.06. The company has a market capitalization of $21.60 billion, a PE ratio of -9.29, a price-to-earnings-growth ratio of 0.26 and a beta of 0.29.

Telefonica Profile

Telefónica, SA is a Spanish multinational telecommunications company headquartered in Madrid. Founded in 1924 as Compañía Telefónica Nacional de España, it has grown into one of the world’s largest telecommunications groups. Telefónica provides a broad range of communications services to residential and business customers, including mobile and fixed-line telephony, broadband internet, and pay-TV. The company also develops and sells network infrastructure and related services to support connectivity at scale.

Beyond traditional voice and data services, Telefónica has expanded into digital and IT services aimed at enterprise customers and public-sector clients.