25 August, 2017
The firm owned 685,943 shares of the utilities provider's stock after buying an additional 13,690 shares during the period. It would take about 1.75 days to cover all short positions. Below is a list of Telefonica Brasil SA (ADR) (NYSE:VIV) latest ratings and price target changes. The value of the investment in (VIV) went from $60,000 to $47,120,000 increasing 78,433.3% quarter over quarter. Sei Investments Co. now owns 10,898 shares of the utilities provider's stock worth $122,000 after buying an additional 3,327 shares during the last quarter.
Vanguard Group Inc reports that it increased its position in Telefonica Brasil, S.A. ADS stock by 3,488,899 shares as reported in a filing on 08/24/2017. The number of shares now owned by investors are 5.07 bln. As of the end of the quarter Schafer Cullen Capital Management Inc had acquired a total of 299,148 shares growing its holdings by 6.8%.
Shares of Telefonica SA (NYSE TEF) opened at 10.79 on Friday. Currently, the stock is -8.15% from its 50-Day High and 5.02% from the 50-day low.
The company is now up by 1.31 percent from yesterday's close. Next quarter's EPS is forecasted at $0.25 with next year's EPS projected to be $1.05. The firm had revenue of $14.24 billion for the quarter, compared to analyst estimates of $15.01 billion. On average, analysts predict that Telefonica SA will post $0.89 earnings per share for the current year.
TEF has been the subject of a number of analyst reports. TheStreet raised shares of Telefonica SA from a "c" rating to a "b" rating in a report on Thursday, May 25th. Morgan Stanley downgraded the shares of VIV in report on Wednesday, July 6 to "Equal Weight" rating. Shares saw a steep decrease in trading volume of 40.23% under the normal average daily volume.
The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. As per Tuesday, January 10, the company rating was maintained by Bernstein. 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. The Company's divisions include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica.
