Telefonica Brasil (NYSE:VIV) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• Telefonica Brasil crossed above its 200‑day moving average, trading as high as $15.59 versus a 200‑day MA of $14.01, though it remains below the 50‑day average (~$16.01) and was recently down about 2.9%.
• Analyst coverage is mixed with a consensus rating of "Hold" and an average price target of $14.08, which is below the current share price despite several recent upgrades and downgrades.
• The company declared a cash dividend of $0.4562 payable July 21 (ex‑dividend May 22), representing a payout ratio of roughly 64%.

Telefonica Brasil S.A. (NYSE:VIV - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.01 and traded as high as $15.59. Telefonica Brasil shares last traded at $15.2270, with a volume of 702,255 shares traded.

Analyst Ratings Changes

VIV has been the topic of several analyst reports. Wall Street Zen upgraded Telefonica Brasil from a "buy" rating to a "strong-buy" rating in a report on Sunday, January 11th. New Street Research upgraded Telefonica Brasil from a "neutral" rating to a "buy" rating in a report on Tuesday, April 7th. UBS Group lowered Telefonica Brasil from a "buy" rating to a "sell" rating in a report on Wednesday, March 11th. Scotiabank upped their target price on Telefonica Brasil from $12.50 to $15.30 and gave the stock a "sector perform" rating in a report on Monday, March 30th. Finally, Zacks Research upgraded Telefonica Brasil from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $14.08.

Telefonica Brasil Trading Down 2.9%

The business has a 50 day moving average of $16.01 and a two-hundred day moving average of $14.01. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt-to-equity ratio of 0.22. The firm has a market cap of $24.77 billion, a P/E ratio of 21.75, a PEG ratio of 1.00 and a beta of 0.70.

Telefonica Brasil (NYSE:VIV - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The Wireless communications provider reported $0.21 earnings per share for the quarter. Telefonica Brasil had a return on equity of 9.15% and a net margin of 10.42%.The business had revenue of $2.83 billion for the quarter. Analysts predict that Telefonica Brasil S.A. will post 0.91 earnings per share for the current year.

Telefonica Brasil Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, July 21st. Investors of record on Friday, May 22nd will be paid a $0.4562 dividend. The ex-dividend date is Friday, May 22nd. Telefonica Brasil's dividend payout ratio is 64.29%.

Institutional Investors Weigh In On Telefonica Brasil

Large investors have recently added to or reduced their stakes in the business. Kathmere Capital Management LLC increased its stake in shares of Telefonica Brasil by 2.3% during the first quarter. Kathmere Capital Management LLC now owns 72,933 shares of the Wireless communications provider's stock worth $1,160,000 after purchasing an additional 1,656 shares during the period. Lesa Sroufe & Co increased its stake in shares of Telefonica Brasil by 2.3% during the first quarter. Lesa Sroufe & Co now owns 229,279 shares of the Wireless communications provider's stock worth $3,648,000 after purchasing an additional 5,046 shares during the period. Janney Montgomery Scott LLC bought a new position in shares of Telefonica Brasil during the first quarter worth approximately $225,000. TrueMark Investments LLC bought a new position in shares of Telefonica Brasil during the first quarter worth approximately $4,255,000. Finally, SG Americas Securities LLC increased its stake in shares of Telefonica Brasil by 11.5% during the first quarter. SG Americas Securities LLC now owns 10,347 shares of the Wireless communications provider's stock worth $165,000 after purchasing an additional 1,064 shares during the period. Institutional investors own 5.16% of the company's stock.

About Telefonica Brasil

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.

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