1 week Ago By ABMN Staff
Custom Index Systems LLC acquired a new position in Tim S.A. ( NYSE:TIMB – Free Report ) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
The firm acquired 20,068 shares of the company’s stock, valued at approximately $287,000. A number of other large investors have also recently made changes to their positions in the business. Victory Capital Management Inc.
purchased a new position in TIM during the 4th quarter valued at $191,000. Capital Wealth Planning LLC boosted its position in TIM by 134.0% during the 4th quarter.
Capital Wealth Planning LLC now owns 96,935 shares of the company’s stock valued at $1,790,000 after acquiring an additional 55,513 shares in the last quarter. Fiera Capital Corp purchased a new position in shares of TIM during the 4th quarter worth approximately $1,700,000. UBS Group AG grew its holdings in shares of TIM by 19.
3% during the 4th quarter. UBS Group AG now owns 453,388 shares of the company’s stock worth $8,374,000 after acquiring an additional 73,388 shares during the period. Finally, D.
A. Davidson & CO. bought a new position in shares of TIM in the 4th quarter worth approximately $344,000.
TIM Stock Down 1.2 % Shares of TIMB opened at $16.49 on Monday.
The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.
85. The business’s 50 day moving average price is $15.52 and its 200-day moving average price is $16.
41. Tim S.A.
has a 52 week low of $13.84 and a 52 week high of $19.14.
TIM Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 30th. Shareholders of record on Thursday, June 27th were issued a $0.1154 dividend.
This is a positive change from TIM’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Thursday, June 27th.
This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.80%.
TIM’s dividend payout ratio (DPR) is presently 27.64%. Analyst Upgrades and Downgrades Separately, Barclays decreased their price objective on TIM from $19.
00 to $18.00 and set an “equal weight” rating for the company in a report on Friday, August 2nd. Check Out Our Latest Analysis on TIMB TIM Profile ( Free Report ) 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.
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