Alps Advisors Inc. lessened its position in shares of Mobil’nye Telesistemy PAO (NYSE:MBT) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,133 shares of the Wireless communications provider’s stock after selling 1,562 shares during the quarter. Alps Advisors Inc.’s holdings in Mobil’nye Telesistemy PAO were worth $589,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of MBT. JFS Wealth Advisors LLC increased its holdings in Mobil’nye Telesistemy PAO by 397.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 5,014 shares of the Wireless communications provider’s stock valued at $35,000 after purchasing an additional 4,006 shares during the last quarter. TD Asset Management Inc. bought a new stake in Mobil’nye Telesistemy PAO in the fourth quarter valued at about $71,000. Baillie Gifford & Co. bought a new stake in Mobil’nye Telesistemy PAO in the third quarter valued at about $116,000. HPM Partners LLC bought a new stake in Mobil’nye Telesistemy PAO in the third quarter valued at about $117,000. Finally, FDx Advisors Inc. bought a new stake in Mobil’nye Telesistemy PAO in the third quarter valued at about $123,000. 32.21% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts recently commented on MBT shares. Zacks Investment Research upgraded Mobil’nye Telesistemy PAO from a “hold” rating to a “buy” rating and set a $7.75 price objective for the company in a report on Saturday, December 29th. ValuEngine upgraded Mobil’nye Telesistemy PAO from a “strong sell” rating to a “sell” rating in a report on Wednesday, December 5th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Mobil’nye Telesistemy PAO has an average rating of “Hold” and a consensus target price of $7.75.

NYSE MBT opened at $7.65 on Thursday. The stock has a market capitalization of $7.29 billion, a P/E ratio of 7.81, a P/E/G ratio of 1.52 and a beta of 1.09. The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 7.00. Mobil’nye Telesistemy PAO has a 12 month low of $6.64 and a 12 month high of $12.80.

Mobil’nye Telesistemy PAO (NYSE:MBT) last announced its quarterly earnings results on Tuesday, November 20th. The Wireless communications provider reported $0.31 earnings per share (EPS) for the quarter. Mobil’nye Telesistemy PAO had a return on equity of 52.39% and a net margin of 1.66%. The company had revenue of $1.95 billion during the quarter. On average, equities research analysts predict that Mobil’nye Telesistemy PAO will post 0.42 EPS for the current year.

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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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