Sumitomo Mitsui Trust Holdings Inc. Increases Holdings in Telefonica Brasil SA (VIV)

Raymond James Trust N.A. has an ownership of 13,452 stocks of the utilities provider’s shares valued $139,000 following acquiring an extra 3,252 shares through out the previous quarter, Lastly, Cambridge Investment analysis Advisors upgraded its stake in Telefonica by 0.9% through out the 2nd period. As of the end of the quarter Baird Financial Group, Inc. had disposed of a total of 40,155 shares trimming its position 13.4%. Institutional investors and hedge funds own 0.93% of the company’s stock. Comerica Bank increased its position in Telefonica Brasil by 0.5% during the 1st quarter. Eagle Ridge Investment Management bought a new stake in Telefonica through out the 2nd valued at $114,000.

JP Morgan has downgraded Telefonica S.A. (NYSE:TEF) from Overweight to Neutral in a report released on Tuesday September 05, 2017. Sei Investments Co. grew its stake in shares of Telefonica SA by 43.9% in the first quarter. Comerica Bank now owns 65,552 shares of the Wireless communications provider’s stock worth $963,000 after purchasing an additional 344 shares in the last quarter. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

More important recent Telefonica Brasil SA (ADR) (NYSE:VIV) news were published by: which released: “15.66” on September 01, 2009, also published article titled: “Telefonica Brasil SA (ADR)”, published: “Telefonica Brasil SA ADR” on February 11, 2011. PNC Financial Services Group Inc. now owns 7,641 shares of the Wireless communications provider’s stock worth $103,000 after acquiring an additional 4,893 shares during the last quarter. BidaskClub lowered shares of Telefonica Brasil from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. Private Advisor Group LLC grew its stake in shares of Telefonica SA by 16.0% in the first quarter.

TRADEMARK VIOLATION WARNING: “Sumitomo Mitsui Trust Holdings Inc”. Morgan Stanley restated an “equal weight” rating and set a $15.00 target price on shares of Telefonica Brasil in a research report on Monday, August 14th. “Increases Holdings in Telefonica Brasil S.A. (VIV)” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another publication, it was illegally copied and reposted in violation of USA and global trademark & copyright laws. Zacks Investment Research upgraded Telefonica SA from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 27th. The legal version of this piece of content can be read at Two Brokerage firms have recommended the share with a sell recommendation, six have published a hold recommendation and nine has issued a buy recommendation to the firms shares. The stock now has an average rating of “Hold” and an average target price of $15.33.

Shares of Telefonica Brasil S.A. The 50 day moving average was up by +4.82% whereas the 200 day moving average was up $1.21 or +8.31%.

The stock has a market capitalization of $26.44 billion, a PE ratio of 20.80 and a beta of 1.35. The Wireless communications provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by $0.06. Telefonica SA had a return on equity of 29.02% and a net margin of 5.18%. On average, equities analysts expect that Telefonica SA will post $0.89 earnings per share for the current fiscal year.

Telefonica Brasil a mobile telecommunications firm in Brazil offering postpaid mobile services. The Company also operates as a fixed telecommunications company in the state of Sao Paulo. The Company’s services and products include Mobile business, Fixed-line telephony business and Digital services.

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