Maven Securities LTD Makes New Investment in Kyivstar Group $KYIV

Maven Securities LTD bought a new position in Kyivstar Group (NASDAQ:KYIV) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 46,763 shares of the company’s stock, valued at approximately $607,000.

Several other hedge funds also recently bought and sold shares of KYIV. Polar Asset Management Partners Inc. acquired a new stake in shares of Kyivstar Group during the third quarter worth $3,105,000. UBS Group AG raised its holdings in shares of Kyivstar Group by 27.9% during the fourth quarter. UBS Group AG now owns 751,322 shares of the company’s stock worth $9,752,000 after acquiring an additional 164,113 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Kyivstar Group by 55.2% during the fourth quarter. Oppenheimer & Co. Inc. now owns 43,832 shares of the company’s stock worth $569,000 after acquiring an additional 15,587 shares during the period. Cantor Fitzgerald L. P. acquired a new stake in shares of Kyivstar Group during the third quarter worth $250,000. Finally, Quinn Opportunity Partners LLC raised its holdings in shares of Kyivstar Group by 59.6% during the fourth quarter. Quinn Opportunity Partners LLC now owns 80,100 shares of the company’s stock worth $1,040,000 after acquiring an additional 29,900 shares during the period.

Kyivstar Group Trading Up 0.9%

Shares of KYIV stock opened at $13.75 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.22. Kyivstar Group has a 1 year low of $9.29 and a 1 year high of $16.48. The company has a fifty day simple moving average of $12.84. The firm has a market cap of $3.17 billion and a price-to-earnings ratio of 12.85.

Kyivstar Group (NASDAQ:KYIV) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.03. The business had revenue of $323.00 million during the quarter. As a group, equities research analysts forecast that Kyivstar Group will post 1.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on KYIV shares. Morgan Stanley started coverage on shares of Kyivstar Group in a report on Friday, June 5th. They set an “equal weight” rating and a $17.00 price objective on the stock. Barclays started coverage on shares of Kyivstar Group in a report on Wednesday, April 8th. They set an “overweight” rating and a $12.50 price objective on the stock. Wall Street Zen upgraded shares of Kyivstar Group from a “hold” rating to a “buy” rating in a report on Monday. Weiss Ratings upgraded shares of Kyivstar Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, Benchmark started coverage on shares of Kyivstar Group in a report on Friday, March 27th. They set a “buy” rating and a $20.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.63.

Kyivstar Group 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.