BSW Wealth Partners Has $168,000 Stake in Telefônica Brasil S.A. (NYSE:VIV)

BSW Wealth Partners raised its holdings in Telefônica Brasil S.A. (NYSE:VIVFree Report) by 11.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 22,212 shares of the Wireless communications provider’s stock after purchasing an additional 2,205 shares during the period. BSW Wealth Partners’ holdings in Telefônica Brasil were worth $168,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VIV. Dimensional Fund Advisors LP boosted its position in shares of Telefônica Brasil by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 393,618 shares of the Wireless communications provider’s stock worth $3,238,000 after purchasing an additional 5,983 shares during the last quarter. Bank of Montreal Can lifted its stake in Telefônica Brasil by 9.8% in the second quarter. Bank of Montreal Can now owns 45,587 shares of the Wireless communications provider’s stock valued at $380,000 after buying an additional 4,078 shares during the period. Squarepoint Ops LLC bought a new position in Telefônica Brasil during the second quarter worth about $165,000. AQR Capital Management LLC grew its position in shares of Telefônica Brasil by 20.0% during the 2nd quarter. AQR Capital Management LLC now owns 106,347 shares of the Wireless communications provider’s stock worth $873,000 after buying an additional 17,724 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Telefônica Brasil by 96.8% in the 2nd quarter. Millennium Management LLC now owns 544,019 shares of the Wireless communications provider’s stock valued at $4,466,000 after acquiring an additional 267,652 shares during the last quarter. Institutional investors and hedge funds own 5.16% of the company’s stock.

Telefônica Brasil Stock Down 0.5 %

Shares of VIV stock opened at $8.68 on Thursday. Telefônica Brasil S.A. has a 12-month low of $7.47 and a 12-month high of $11.43. The company has a quick ratio of 0.91, a current ratio of 0.96 and a debt-to-equity ratio of 0.19. The firm has a fifty day moving average of $8.16 and a 200-day moving average of $8.95. The company has a market capitalization of $14.34 billion, a price-to-earnings ratio of 13.77, a P/E/G ratio of 0.79 and a beta of 0.78.

Telefônica Brasil (NYSE:VIVGet Free Report) last released its quarterly earnings results on Tuesday, November 5th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Telefônica Brasil had a return on equity of 7.77% and a net margin of 9.78%. During the same quarter last year, the business posted $0.18 EPS. As a group, equities research analysts predict that Telefônica Brasil S.A. will post 0.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VIV has been the topic of several recent analyst reports. Barclays lifted their price objective on shares of Telefônica Brasil from $11.50 to $11.80 and gave the stock an “equal weight” rating in a research note on Monday, November 25th. StockNews.com raised shares of Telefônica Brasil from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 9th. New Street Research cut shares of Telefônica Brasil from a “buy” rating to a “neutral” rating in a research report on Monday, December 9th. Finally, The Goldman Sachs Group reduced their target price on Telefônica Brasil from $10.60 to $9.20 and set a “buy” rating on the stock in a report on Thursday, December 19th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $10.47.

View Our Latest Analysis on VIV

About Telefônica Brasil

(Free Report)

Telefônica Brasil SA, together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services.

See Also

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Institutional Ownership by Quarter for Telefônica Brasil (NYSE:VIV)

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