During the second quarter, John Linehan of T. Rowe Price Equity Income Fund reduced his stake by -12.49% in Telefonica (TEF). The reduction had a 0.06% impact on Linehan’s portfolio. He now owns 8,100,000 shares of Telefonica.
Telefonica has a market cap of $48.51 billion, an enterprise value of $125.71 billion, a P/B ratio of 2.59 and a P/S of 0.69.
Telefonica is a global telecommunications company that was founded in 1924. The company provides fixed and mobile telephones, internet, television and fiber optics to more than 300 million customers across 24 countries worldwide.
According to GuruFocus, Telefonica has a 1 star predictability rating with a 4/10 financial strength rating and a 4/10 profitability and growth rating. Telefonica also has three severe warning signs, which may have attributed to John Linehan’s decision to reduce his position in the company during the second quarter.
- Telefonica’s operating margin has been in decline over the past five years. The average rate of decline is 18.3% annually.
- Telefonica’s Piotroski F-Score is 3 of 3, indicating a poor business situation.
- Telefonica’s Per share revenue has been in decline over the previous 5 years.
Below, the Peter Lynch Chart shows Telefonica is trading above its intrinsic value.
Cheers to your investment success
Disclosure: Author does not own any shares of this company.
Start a free 7-day trial of Premium Membership to GuruFocus.
