Telefônica Brasil S.A. (NYSE:VIV) Holdings Raised by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in Telefônica Brasil S.A. (NYSE:VIV) by 2.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 85,787 shares of the Wireless communications provider’s stock after buying an additional 2,304 shares during the period. Natixis Advisors LLC’s holdings in Telefônica Brasil were worth $881,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of VIV. Blue Trust Inc. boosted its holdings in shares of Telefônica Brasil by 2,821.8% in the second quarter. Blue Trust Inc. now owns 3,214 shares of the Wireless communications provider’s stock valued at $26,000 after acquiring an additional 3,104 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. acquired a new stake in Telefônica Brasil in the second quarter worth approximately $85,000. QRG Capital Management Inc. bought a new position in Telefônica Brasil during the 2nd quarter valued at $83,000. B. Riley Wealth Advisors Inc. bought a new position in Telefônica Brasil during the first quarter valued at about $123,000. Finally, Aprio Wealth Management LLC acquired a new stake in Telefônica Brasil in the 3rd quarter valued at about $134,000. Institutional investors and hedge funds own 5.16% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on VIV. Barclays boosted their target price on shares of Telefônica Brasil from $11.50 to $11.80 and gave the stock an “equal weight” rating in a report on Monday. StockNews.com cut Telefônica Brasil from a “strong-buy” rating to a “buy” rating in a report on Monday. Finally, Scotiabank raised their price objective on Telefônica Brasil from $9.20 to $10.40 and gave the stock a “sector perform” rating in a research note on Friday, September 20th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Telefônica Brasil has a consensus rating of “Moderate Buy” and a consensus price target of $11.07.

Telefônica Brasil Stock Performance

Shares of VIV opened at $8.66 on Thursday. Telefônica Brasil S.A. has a one year low of $8.02 and a one year high of $11.43. The company has a 50-day moving average of $9.44 and a two-hundred day moving average of $9.09. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.96 and a quick ratio of 0.91. The stock has a market cap of $14.41 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 0.90 and a beta of 0.81.

Telefônica Brasil (NYSE:VIV) last posted its quarterly earnings data on Tuesday, November 5th. The Wireless communications provider reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.03. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Telefônica Brasil had a net margin of 9.78% and a return on equity of 7.77%. During the same period in the previous year, the company posted $0.18 EPS. On average, equities research analysts expect that Telefônica Brasil S.A. will post 0.6 earnings per share for the current year.

Telefônica Brasil Company Profile

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.