Sei Investments Co. increased its position in Mobil’nye Telesistemy PAO (NYSE:MBT) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,372,913 shares of the Wireless communications provider’s stock after purchasing an additional 67,557 shares during the period. Sei Investments Co.’s holdings in Mobil’nye Telesistemy PAO were worth $12,122,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Daiwa Securities Group Inc. boosted its holdings in Mobil’nye Telesistemy PAO by 28.1% in the second quarter. Daiwa Securities Group Inc. now owns 136,850 shares of the Wireless communications provider’s stock worth $1,209,000 after acquiring an additional 30,000 shares in the last quarter. Alps Advisors Inc. boosted its holdings in Mobil’nye Telesistemy PAO by 15.3% in the second quarter. Alps Advisors Inc. now owns 107,106 shares of the Wireless communications provider’s stock worth $1,091,000 after acquiring an additional 14,243 shares in the last quarter. BP PLC bought a new stake in Mobil’nye Telesistemy PAO in the second quarter worth $2,155,000. Tobam bought a new stake in Mobil’nye Telesistemy PAO in the second quarter worth $187,000. Finally, BNP Paribas Arbitrage SA boosted its holdings in Mobil’nye Telesistemy PAO by 41.9% in the second quarter. BNP Paribas Arbitrage SA now owns 515,628 shares of the Wireless communications provider’s stock worth $4,553,000 after acquiring an additional 152,176 shares in the last quarter.

Mobil’nye Telesistemy PAO stock opened at $7.50 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 2.60. Mobil’nye Telesistemy PAO has a 12 month low of $7.35 and a 12 month high of $12.80.

Mobil’nye Telesistemy PAO (NYSE:MBT) last released its earnings results on Wednesday, May 23rd. The Wireless communications provider reported $0.29 EPS for the quarter. Mobil’nye Telesistemy PAO had a return on equity of 45.69% and a net margin of 13.76%. The business had revenue of $1.90 billion for the quarter. equities analysts predict that Mobil’nye Telesistemy PAO will post 0.99 earnings per share for the current fiscal year.

MBT has been the topic of several analyst reports. ValuEngine downgraded Mobil’nye Telesistemy PAO from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. VTB Capital raised Mobil’nye Telesistemy PAO from a “hold” rating to a “buy” rating in a report on Thursday, May 17th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. Mobil’nye Telesistemy PAO presently has an average rating of “Hold” and an average target price of $12.50.

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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