27,137 Shares in Tim S.A. (NYSE:TIMB) Acquired by Natixis Advisors LLC

Natixis Advisors LLC acquired a new stake in shares of Tim S.A. (NYSE:TIMB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 27,137 shares of the company’s stock, valued at approximately $319,000.

Other institutional investors also recently made changes to their positions in the company. Itau Unibanco Holding S.A. increased its holdings in TIM by 55.8% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 1,073,450 shares of the company’s stock valued at $18,485,000 after purchasing an additional 384,500 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of TIM in the third quarter worth about $12,054,000. State Street Corp grew its stake in shares of TIM by 16.7% in the third quarter. State Street Corp now owns 583,724 shares of the company’s stock valued at $10,207,000 after buying an additional 83,468 shares in the last quarter. Brandes Investment Partners LP raised its holdings in shares of TIM by 127.4% during the 4th quarter. Brandes Investment Partners LP now owns 144,814 shares of the company’s stock valued at $1,703,000 after buying an additional 81,136 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of TIM by 13.8% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 132,198 shares of the company’s stock valued at $1,555,000 after buying an additional 16,000 shares during the period.

TIM Stock Performance

TIM stock opened at $15.42 on Friday. Tim S.A. has a 52 week low of $11.32 and a 52 week high of $18.78. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 0.52. The stock has a market cap of $7.46 billion, a P/E ratio of 13.07, a price-to-earnings-growth ratio of 0.67 and a beta of 0.84. The stock has a 50 day moving average of $14.27 and a 200-day moving average of $14.20.

TIM (NYSE:TIMB) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.04). TIM had a net margin of 12.24% and a return on equity of 11.91%. On average, analysts expect that Tim S.A. will post 1.34 EPS for the current fiscal year.

TIM Increases Dividend

The business also recently declared a — dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Friday, April 4th will be given a dividend of $0.1394 per share. This is a boost from TIM’s previous — dividend of $0.12. The ex-dividend date of this dividend is Friday, April 4th. This represents a dividend yield of 6%. TIM’s dividend payout ratio (DPR) is presently 51.69%.

Analyst Ratings Changes

Several brokerages have issued reports on TIMB. The Goldman Sachs Group lowered their price objective on shares of TIM from $16.20 to $14.00 and set a “neutral” rating for the company in a research report on Thursday, December 19th. Barclays raised their price target on shares of TIM from $16.00 to $16.50 and gave the company an “equal weight” rating in a report on Monday, March 17th. Scotiabank cut their price objective on shares of TIM from $23.20 to $17.60 and set a “sector outperform” rating on the stock in a report on Wednesday, February 12th. Finally, UBS Group downgraded TIM from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th.

TIM Company Profile

TIM SA, a telecommunications company, provides mobile voice, data, and broadband services in Brazil. The company offers in mobile, landline, long-distance, and data transmission services. It also offers fixed ultra-broadband, fixed ultraband broadband, and digital content services. The company serves individuals and corporates, as well as small, medium, and large companies.