UBS Group AG Has $9.75 Million Stock Holdings in Kyivstar Group $KYIV

UBS Group AG boosted its stake in Kyivstar Group (NASDAQ:KYIV) by 27.9% in the fourth quarter, HoldingsChannel reports. The firm owned 751,322 shares of the company’s stock after buying an additional 164,113 shares during the period. UBS Group AG’s holdings in Kyivstar Group were worth $9,752,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of KYIV. Polar Asset Management Partners Inc. acquired a new stake in Kyivstar Group in the third quarter worth $3,105,000. SG Americas Securities LLC acquired a new stake in Kyivstar Group in the fourth quarter worth $279,000. Finally, Cantor Fitzgerald L. P. bought a new position in shares of Kyivstar Group in the third quarter valued at $250,000.

Wall Street Analysts Forecast Growth

KYIV has been the topic of a number of recent research reports. Weiss Ratings raised shares of Kyivstar Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Barclays initiated coverage on shares of Kyivstar Group in a research note on Wednesday, April 8th. They issued an “overweight” rating and a $12.50 price objective on the stock. Benchmark initiated coverage on shares of Kyivstar Group in a research note on Friday, March 27th. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, Wall Street Zen lowered shares of Kyivstar Group from a “buy” rating to a “hold” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.50.

Kyivstar Group Price Performance

KYIV opened at $13.29 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.39 and a quick ratio of 1.38. The firm’s 50-day moving average price is $11.48. Kyivstar Group has a fifty-two week low of $9.29 and a fifty-two week high of $16.48. The company has a market capitalization of $3.07 billion and a price-to-earnings ratio of 18.99.

Kyivstar Group (NASDAQ:KYIV) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. The firm had revenue of $323.00 million for the quarter. On average, equities research analysts expect that Kyivstar Group will post 1.38 earnings per share for the current year.

Kyivstar Group Company Profile

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.