D Orazio & Associates Inc. Has $252,000 Position in Telefonica Brasil S.A. $VIV

D Orazio & Associates Inc. grew its holdings in Telefonica Brasil S.A. (NYSE:VIV) by 80.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,131 shares of the Wireless communications provider’s stock after purchasing an additional 9,881 shares during the quarter. D Orazio & Associates Inc.’s holdings in Telefonica Brasil were worth $252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. SBI Securities Co. Ltd. increased its holdings in Telefonica Brasil by 39.3% in the first quarter. SBI Securities Co. Ltd. now owns 3,783 shares of the Wireless communications provider’s stock worth $33,000 after purchasing an additional 1,067 shares in the last quarter. Rhumbline Advisers grew its position in shares of Telefonica Brasil by 337.7% during the 1st quarter. Rhumbline Advisers now owns 4,233 shares of the Wireless communications provider’s stock worth $37,000 after buying an additional 3,266 shares during the period. SVB Wealth LLC bought a new stake in shares of Telefonica Brasil in the 1st quarter valued at $41,000. Farther Finance Advisors LLC lifted its position in shares of Telefonica Brasil by 543.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,918 shares of the Wireless communications provider’s stock valued at $56,000 after acquiring an additional 4,154 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Telefonica Brasil by 45.7% during the second quarter. PNC Financial Services Group Inc. now owns 5,163 shares of the Wireless communications provider’s stock worth $59,000 after acquiring an additional 1,619 shares in the last quarter. Institutional investors own 5.16% of the company’s stock.

Telefonica Brasil Trading Down 0.0%

VIV opened at $13.21 on Friday. Telefonica Brasil S.A. has a fifty-two week low of $7.47 and a fifty-two week high of $13.24. The firm has a market capitalization of $21.48 billion, a PE ratio of 21.30, a P/E/G ratio of 0.87 and a beta of 0.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.98 and a quick ratio of 0.95. The company’s 50-day moving average is $12.43 and its 200 day moving average is $11.51.

Telefonica Brasil (NYSE:VIV) last issued its quarterly earnings data on Thursday, October 30th. The Wireless communications provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $15.01 billion. Telefonica Brasil had a return on equity of 8.32% and a net margin of 10.13%. As a group, research analysts predict that Telefonica Brasil S.A. will post 0.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VIV has been the subject of several research analyst reports. The Goldman Sachs Group lifted their price target on shares of Telefonica Brasil from $11.40 to $12.60 and gave the company a “buy” rating in a research note on Tuesday, August 19th. Citigroup initiated coverage on Telefonica Brasil in a research note on Wednesday, September 10th. They issued a “neutral” rating for the company. Barclays reaffirmed an “overweight” rating and set a $14.50 price target on shares of Telefonica Brasil in a research note on Monday, November 3rd. Scotiabank increased their price target on Telefonica Brasil from $8.80 to $12.50 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Finally, Wall Street Zen upgraded Telefonica Brasil from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $12.90.

Telefonica Brasil 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.