BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Mobil’nye Telesistemy PAO (NYSE:MBT) by 7.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 231,800 shares of the Wireless communications provider’s stock after acquiring an additional 16,600 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Mobil’nye Telesistemy PAO were worth $2,047,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Stevens Capital Management LP purchased a new position in Mobil’nye Telesistemy PAO in the second quarter valued at $117,000. Confluence Investment Management LLC purchased a new position in Mobil’nye Telesistemy PAO in the second quarter valued at $135,000. Tobam purchased a new position in Mobil’nye Telesistemy PAO in the second quarter valued at $187,000. Commonwealth Equity Services LLC increased its holdings 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 position in Mobil’nye Telesistemy PAO in the second quarter valued at $208,000.

Several research firms recently commented on MBT. ValuEngine lowered Mobil’nye Telesistemy PAO from a “hold” rating to a “sell” rating in a report on Thursday, July 26th. Zacks Investment Research raised Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a report on Saturday. Finally, VTB Capital raised Mobil’nye Telesistemy PAO from a “hold” rating to a “buy” rating in a report on Thursday, May 17th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. Mobil’nye Telesistemy PAO currently has an average rating of “Buy” and an average target price of $12.50.

NYSE:MBT opened at $7.40 on Monday. The firm has a market capitalization of $6.92 billion, a P/E ratio of 7.55, a price-to-earnings-growth ratio of 0.74 and a beta of 1.17. The company has a debt-to-equity ratio of 3.48, a quick ratio of 0.78 and a current ratio of 0.86. Mobil’nye Telesistemy PAO has a 12 month low of $7.33 and a 12 month high of $12.80.

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

Mobil’nye Telesistemy PAO 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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