TIMB stock icon

TIM SA
TIMB

$15.53
0.91%

Market Cap: 7.51B

 

About: TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 63 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand. TIM also resells fiber network access from other providers, including Oi's former infrastructure business V.tal, which passes about 22 million customer locations.

Employees: 9,275

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

93% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 29

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

11% more capital invested

Capital invested by funds: $301M [Q4 2023] → $335M (+$34M) [Q1 2024]

5% more funds holding

Funds holding: 105 [Q4 2023] → 110 (+5) [Q1 2024]

0.11% more ownership

Funds ownership: 0.67% [Q4 2023] → 0.78% (+0.11%) [Q1 2024]

42% less call options, than puts

Call options by funds: $168K | Put options by funds: $289K

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$19
22%
upside
Avg. target
$19.50
26%
upside
High target
$20
29%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Barclays
Mathieu Robilliard
22%upside
$19
Equal-Weight
Maintained
8 May 2024
Barclays
Mathieu Robilliard
29%upside
$20
Equal-Weight
Maintained
14 Feb 2024

Financial journalist opinion