Victory Capital Management Inc. Takes Position in Mobile TeleSystems Public Joint Stock (NYSE:MBT)

Victory Capital Management Inc. acquired a new stake in Mobile TeleSystems Public Joint Stock (NYSE:MBTGet Rating) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 99,418 shares of the Wireless communications provider’s stock, valued at approximately $790,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. SG Americas Securities LLC increased its holdings in Mobile TeleSystems Public Joint Stock by 92.9% in the fourth quarter. SG Americas Securities LLC now owns 806,617 shares of the Wireless communications provider’s stock valued at $6,413,000 after purchasing an additional 388,528 shares during the last quarter. American Century Companies Inc. increased its holdings in Mobile TeleSystems Public Joint Stock by 7.3% in the fourth quarter. American Century Companies Inc. now owns 65,991 shares of the Wireless communications provider’s stock valued at $525,000 after purchasing an additional 4,477 shares during the last quarter. Polunin Capital Partners Ltd bought a new stake in Mobile TeleSystems Public Joint Stock in the fourth quarter valued at about $661,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in Mobile TeleSystems Public Joint Stock by 33.8% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 172,850 shares of the Wireless communications provider’s stock valued at $1,402,000 after purchasing an additional 43,637 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in Mobile TeleSystems Public Joint Stock in the fourth quarter valued at about $113,000. Institutional investors and hedge funds own 20.05% of the company’s stock.

Shares of Mobile TeleSystems Public Joint Stock stock opened at $5.50 on Friday. Mobile TeleSystems Public Joint Stock has a 1 year low of $5.34 and a 1 year high of $10.07. The business has a 50-day moving average of $5.50 and a two-hundred day moving average of $7.00. The company has a market capitalization of $5.50 billion, a P/E ratio of 5.45 and a beta of 1.02. The company has a debt-to-equity ratio of 33.29, a current ratio of 0.56 and a quick ratio of 0.52.

Mobile TeleSystems Public Joint Stock (NYSE:MBTGet Rating) last announced its quarterly earnings results on Thursday, March 3rd. The Wireless communications provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.02. Mobile TeleSystems Public Joint Stock had a return on equity of 340.18% and a net margin of 11.86%. The company had revenue of $1.98 billion during the quarter.

A number of equities research analysts recently commented on the company. StockNews.com assumed coverage on Mobile TeleSystems Public Joint Stock in a report on Thursday. They issued a “strong-buy” rating for the company. Zacks Investment Research downgraded Mobile TeleSystems Public Joint Stock from a “buy” rating to a “hold” rating in a report on Wednesday, March 23rd.

About Mobile TeleSystems Public Joint Stock (Get Rating)

Mobile TeleSystems Public Joint Stock Company provides telecommunication services primarily in Russia. It offers voice and data transmission, internet access, broadband, pay TV, and various value-added services through wireless and fixed lines; fintech services; and B2B cloud, and digital solutions, as well as sells equipment, accessories, and software.

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Institutional Ownership by Quarter for Mobile TeleSystems Public Joint Stock (NYSE:MBT)

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