Campbell & CO Investment Adviser LLC Has $283,000 Holdings in Telefonica Brasil S.A. $VIV

Campbell & CO Investment Adviser LLC lessened its position in shares of Telefonica Brasil S.A. (NYSE:VIV) by 80.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,223 shares of the Wireless communications provider’s stock after selling 89,696 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Telefonica Brasil were worth $283,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. grew its holdings in shares of Telefonica Brasil by 11.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 17,000,115 shares of the Wireless communications provider’s stock worth $216,751,000 after buying an additional 1,735,958 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Telefonica Brasil by 54.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,754,523 shares of the Wireless communications provider’s stock valued at $65,602,000 after acquiring an additional 2,036,349 shares in the last quarter. Brandes Investment Partners LP boosted its position in Telefonica Brasil by 3.5% during the 2nd quarter. Brandes Investment Partners LP now owns 3,480,597 shares of the Wireless communications provider’s stock worth $39,679,000 after acquiring an additional 119,002 shares during the last quarter. Amundi grew its stake in shares of Telefonica Brasil by 22.4% during the 2nd quarter. Amundi now owns 1,257,476 shares of the Wireless communications provider’s stock worth $14,599,000 after acquiring an additional 229,986 shares in the last quarter. Finally, Strs Ohio grew its stake in shares of Telefonica Brasil by 2.5% during the 2nd quarter. Strs Ohio now owns 840,000 shares of the Wireless communications provider’s stock worth $9,576,000 after acquiring an additional 20,400 shares in the last quarter. 5.16% of the stock is currently owned by institutional investors.

Telefonica Brasil Price Performance

Shares of VIV opened at $13.94 on Friday. The firm has a market capitalization of $22.67 billion, a PE ratio of 21.12, a PEG ratio of 0.82 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.02 and a quick ratio of 0.96. Telefonica Brasil S.A. has a fifty-two week low of $8.09 and a fifty-two week high of $14.08. The company’s 50-day moving average is $12.42 and its 200-day moving average is $12.25.

Telefonica Brasil (NYSE:VIV) last issued its quarterly earnings data on Friday, November 14th. The Wireless communications provider reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $2.81 billion during the quarter. Telefonica Brasil had a return on equity of 8.67% and a net margin of 10.37%. Equities analysts forecast that Telefonica Brasil S.A. will post 0.6 EPS for the current year.

Wall Street Analyst Weigh In

VIV has been the topic of a number of research reports. Bank of America began coverage on shares of Telefonica Brasil in a research report on Thursday, December 11th. They issued an “underperform” rating and a $14.00 price objective on the stock. Weiss Ratings lowered shares of Telefonica Brasil from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, December 29th. Barclays reissued an “overweight” rating and set a $14.50 price target on shares of Telefonica Brasil in a research report on Monday, November 3rd. Wall Street Zen upgraded Telefonica Brasil from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Finally, Morgan Stanley set a $12.00 target price on Telefonica Brasil in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $13.12.

Telefonica Brasil Company Profile

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.