Aperio Group LLC Trims Holdings in Mobil’nye Telesistemy PAO (MBT)

Aperio Group LLC lowered its position in Mobil’nye Telesistemy PAO (NYSE:MBT) by 23.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 226,952 shares of the Wireless communications provider’s stock after selling 67,671 shares during the quarter. Aperio Group LLC’s holdings in Mobil’nye Telesistemy PAO were worth $1,936,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stevens Capital Management LP purchased a new stake in Mobil’nye Telesistemy PAO in the second quarter valued at approximately $117,000. Confluence Investment Management LLC purchased a new stake in Mobil’nye Telesistemy PAO in the second quarter valued at approximately $135,000. Tobam purchased a new stake in Mobil’nye Telesistemy PAO in the second quarter valued at approximately $187,000. Commonwealth Equity Services LLC lifted its stake in Mobil’nye Telesistemy PAO by 39.2% in the second quarter. Commonwealth Equity Services LLC now owns 21,442 shares of the Wireless communications provider’s stock valued at $189,000 after buying an additional 6,037 shares during the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in Mobil’nye Telesistemy PAO in the second quarter valued at approximately $208,000. Institutional investors own 32.80% of the company’s stock.

Mobil’nye Telesistemy PAO stock opened at $8.24 on Friday. Mobil’nye Telesistemy PAO has a 12 month low of $7.25 and a 12 month high of $12.80. The company has a debt-to-equity ratio of 3.48, a current ratio of 0.86 and a quick ratio of 0.78. The company has a market cap of $7.79 billion, a PE ratio of 8.41, a P/E/G ratio of 0.83 and a beta of 1.09.

Mobil’nye Telesistemy PAO (NYSE:MBT) last released its quarterly earnings results on Tuesday, August 21st. The Wireless communications provider reported $0.24 EPS for the quarter. Mobil’nye Telesistemy PAO had a return on equity of 46.93% and a net margin of 13.43%. The business had revenue of $1.85 billion during the quarter. As a group, sell-side analysts anticipate that Mobil’nye Telesistemy PAO will post 0.96 EPS for the current fiscal year.

Several equities research analysts have recently commented on the company. ValuEngine cut Mobil’nye Telesistemy PAO from a “hold” rating to a “sell” rating in a research note on Thursday, July 26th. Zacks Investment Research upgraded Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a research note on Tuesday, September 18th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $12.50.

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Mobil’nye Telesistemy PAO Company Profile

Public Joint-Stock Company Mobile TeleSystems provides telecommunication services in Russia, Ukraine, Turkmenistan, and Armenia. It operates through three segments: Russia Convergent, Moscow Fixed Line, and Ukraine. The company offers voice and data transmission; Internet access; pay TV; and various value added services, including big data, Internet of Things, cloud, financial, and e-commerce services through wireless and fixed lines, as well as sells equipment, accessories, and software.

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Institutional Ownership by Quarter for Mobil`nye Telesistemy PAO (NYSE:MBT)

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