Banco BTG Pactual S.A. Acquires Shares of 59,600 Telefonica Brasil S.A. $VIV

Posted by Brenda Bartman on Jun 12th, 2026

Banco BTG Pactual S.A. acquired a new stake in shares of Telefonica Brasil S.A. (NYSE:VIV – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 59,600 shares of the Wireless communications provider’s stock, valued at approximately $707,000.

A number of other hedge funds also recently bought and sold shares of VIV. Royal Bank of Canada lifted its stake in Telefonica Brasil by 30.3% during the first quarter. Royal Bank of Canada now owns 431,051 shares of the Wireless communications provider’s stock valued at $3,758,000 after buying an additional 100,315 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Telefonica Brasil in the 1st quarter valued at about $52,000. Rhumbline Advisers increased its holdings in shares of Telefonica Brasil by 337.7% in the 1st quarter. Rhumbline Advisers now owns 4,233 shares of the Wireless communications provider’s stock valued at $37,000 after purchasing an additional 3,266 shares during the period. Cetera Investment Advisers increased its holdings in shares of Telefonica Brasil by 13.8% in the 2nd quarter. Cetera Investment Advisers now owns 48,646 shares of the Wireless communications provider’s stock valued at $555,000 after purchasing an additional 5,902 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Telefonica Brasil by 31.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 79,937 shares of the Wireless communications provider’s stock valued at $911,000 after purchasing an additional 18,975 shares during the period. 5.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VIV. Weiss Ratings downgraded Telefonica Brasil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Zacks Research downgraded Telefonica Brasil from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Wall Street Zen downgraded Telefonica Brasil from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Bradesco Corretora downgraded Telefonica Brasil to a “neutral” rating in a report on Tuesday, April 28th. Finally, UBS Group downgraded Telefonica Brasil from a “buy” rating to a “sell” rating in a report on Wednesday, March 11th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $14.36.

Check Out Our Latest Stock Analysis on Telefonica Brasil

Telefonica Brasil Trading Up 2.9%

NYSE:VIV opened at $13.20 on Friday. The stock’s 50 day moving average price is $14.91 and its 200 day moving average price is $14.31. Telefonica Brasil S.A. has a 52 week low of $10.59 and a 52 week high of $17.25. The company has a market capitalization of $21.46 billion, a P/E ratio of 17.83, a P/E/G ratio of 0.68 and a beta of 0.56. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.03 and a current ratio of 1.10.

Telefonica Brasil (NYSE:VIV – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The Wireless communications provider reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). Telefonica Brasil had a return on equity of 9.32% and a net margin of 10.49%.The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.98 billion. On average, research analysts forecast that Telefonica Brasil S.A. will post 0.97 EPS for the current fiscal year.

Telefonica Brasil Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, July 21st. Investors of record on Friday, May 22nd will be issued a $0.4562 dividend. The ex-dividend date is Friday, May 22nd. Telefonica Brasil’s dividend payout ratio is currently 100.00%.

Telefonica Brasil Company Profile

(Free Report)

Telefônica Brasil SA, commonly marketed under the Vivo brand, is one of Brazil’s largest telecommunications providers, offering a broad range of consumer and enterprise communications services. The company’s core activities include mobile voice and data services, fixed-line telephony, broadband internet (including fiber-to-the-home), and pay-TV solutions. It also provides ICT and managed services for business customers, such as cloud, data center, connectivity, Internet of Things (IoT) and security solutions.

Vivo operates a nationwide network across Brazil and serves both individual consumers and corporate clients.