Mobile TeleSystems OJSC (NYSE:MBT) was the recipient of unusually large options trading activity on Friday. Investors bought 11,641 put options on the stock. This represents an increase of approximately 1,897% compared to the average volume of 583 put options.

Mobile TeleSystems OJSC (MBT) opened at 8.70 on Monday. The stock’s 50 day moving average is $8.49 and its 200 day moving average is $9.78. The company has a market cap of $8.61 billion, a P/E ratio of 5.78 and a beta of 0.94. Mobile TeleSystems OJSC has a 12-month low of $7.09 and a 12-month high of $11.59.

The business also recently announced a None dividend, which was paid on Tuesday, August 1st. Stockholders of record on Monday, July 10th were paid a dividend of $0.412 per share. The ex-dividend date was Thursday, July 6th. Mobile TeleSystems OJSC’s dividend payout ratio is presently 96.00%.

Several hedge funds have recently bought and sold shares of the company. Lazard Asset Management LLC boosted its stake in Mobile TeleSystems OJSC by 5.7% in the first quarter. Lazard Asset Management LLC now owns 58,473,906 shares of the Wireless communications provider’s stock worth $644,967,000 after buying an additional 3,174,895 shares in the last quarter. BlackRock Inc. boosted its stake in Mobile TeleSystems OJSC by 7,751.0% in the first quarter. BlackRock Inc. now owns 24,341,794 shares of the Wireless communications provider’s stock worth $268,492,000 after buying an additional 24,031,747 shares in the last quarter. Vanguard Group Inc. boosted its stake in Mobile TeleSystems OJSC by 3.7% in the first quarter. Vanguard Group Inc. now owns 15,953,806 shares of the Wireless communications provider’s stock worth $175,971,000 after buying an additional 568,934 shares in the last quarter. Schroder Investment Management Group boosted its stake in Mobile TeleSystems OJSC by 31.2% in the first quarter. Schroder Investment Management Group now owns 15,811,040 shares of the Wireless communications provider’s stock worth $175,029,000 after buying an additional 3,761,280 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Mobile TeleSystems OJSC by 40.5% in the first quarter. Renaissance Technologies LLC now owns 14,961,950 shares of the Wireless communications provider’s stock worth $165,030,000 after buying an additional 4,311,200 shares in the last quarter. Institutional investors own 34.95% of the company’s stock.

Several brokerages recently commented on MBT. J P Morgan Chase & Co upgraded shares of Mobile TeleSystems OJSC from a “neutral” rating to an “overweight” rating and set a $10.50 target price on the stock in a report on Wednesday, July 26th. BidaskClub upgraded shares of Mobile TeleSystems OJSC from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Zacks Investment Research upgraded shares of Mobile TeleSystems OJSC from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a report on Tuesday, June 27th. Finally, Morgan Stanley downgraded shares of Mobile TeleSystems OJSC from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $12.60 to $9.90 in a report on Thursday, May 4th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Mobile TeleSystems OJSC has an average rating of “Buy” and an average price target of $10.05.

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About Mobile TeleSystems OJSC

Mobile TeleSystems Public Joint Stock Company, formerly Mobile TeleSystems Open Joint Stock Company, is a provider of telecommunications services. The Company provides mobile and fixed line voice and data telecommunications services, including data transfer, broadband, pay-television (pay-TV) and various value-added services, as well as selling equipment and accessories.

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