Trading volume for Telefonica Brasil, S.A. ADS was 729K in the last trading session. Volume was down 70.20% under the stocks average daily volume.
Here are a few other firms who have also updated their positions. As of the end of the quarter Next Financial Group, Inc had sold a total of 69 shares trimming its stake by 84.1%. The value of the total investment in Telefonica Brasil, S.A. ADS went from $1,000 to $0 a change of $1,000 quarter over quarter. Bank Of Montreal /can/ expanded its ownership by buying 14,375 shares an increase of 5.2% as of 06/30/2017. Bank Of Montreal /can/ now holds 288,239 shares valued at $3,888,000. The value of the position overall is down by 4.4%.
As of quarter end Capstone Asset Management Co had disposed of 805 shares trimming its holdings by 2.8%. The value of the investment in Telefonica Brasil, S.A. ADS decreased from $420,000 to $370,000 decreasing 11.9% quarter to quarter. Dnb Asset Management As augmented its position by buying 100 shares an increase of 0.2% from 03/31/2017 to 06/30/2017. Dnb Asset Management As now controls 43,900 shares with a value of $592,000. The total value of its holdings decreased 8.9%.
On July 28 Barclays made no change to the company rating of “Overweight” and moved up the price target to $17.50 from $15.00. On July 6 the company was changed to a “Equal Weight” according to a Morgan Stanley report which is down from the previous “Overweight” rating.
April 1 investment analysts at Barclays maintained a company rating of “Overweight” but raised the price target from $11.50 to $15.00. October 6 investment analysts at Barclays left the stock rating at “Overweight” but lowered the price expectation from $20.00 to $13.00.
On August 31 the stock rating was upgraded from “Equal-weight” to “Overweight” and a price target of $14.00 was set by Morgan Stanley. August 31 investment analysts at Morgan Stanley made no change to the price objective of $14.00 and upgraded the stock to Overweight from Equal-weight.
The company is now down by -0.39% since yesterday’s close of $14.195. Company shares last traded at $14.14 just a bit higher than the 50 day moving average which is $14.12 and slightly below the 200 day moving average of $14.39. The 50 day moving average was up by +0.44% whereas the 200 day average was down by -1.43%.
The P/E ratio is currently 20.49 and the market cap is 23.95B. In the latest earnings report the EPS was $0.69 and is projected to be $0.96 for the current year with 1,688,694,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.28 with next year’s EPS projected to be $1.09.
Telefonica Brasil S.A., launched on May 22, 1998, is a mobile telecommunications company in Brazil offering postpaid mobile services. The Company also operates as a fixed telecommunications company in the state of Sao Paulo. The Company markets its mobile services under its Vivo brand. It offers its clients a portfolio of products, including mobile and fixed voice, mobile data, fixed broadband, ultra-fast broadband (UBB) (based on its Fiber to the Home (FTTH) and Fiber to the Curb (FTTC) infrastructure), Pay television, information technology and digital services (such as entertainment, cloud and financial services). The Business’s operations consist of local and long distance fixed telephone services; mobile services, including value-added services; data services, including broadband services and mobile data services; Pay television services through direct to home (DTH) (a satellite technology), Internet protocol television (IPTV) and cable; network services, including rental of facilities, as well as other services; wholesale services, including interconnection; digital services; services designed specifically for corporate customers, and the sale of wireless devices and accessories. In addition, it sells handsets and accessories at its physical stores, to customers purchasing its digital services. It sells Global System for Mobile Communications (GSM) and Wideband Code Division Multiple Access (WCDMA) devices, such as handsets, smartphones, broadband universal serial bus (USB) modems and devices that are certified to be compatible with the Business’s network and service..Advertisement