65,950 Shares in Qiwi PLC (QIWI) Acquired by Westpac Banking Corp
Westpac Banking Corp bought a new position in Qiwi PLC (NASDAQ:QIWI) during the second quarter, Holdings Channel reports. The firm bought 65,950 shares of the company’s stock, valued at approximately $864,000. Westpac Banking Corp owned about 0.11% of Qiwi PLC as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in QIWI. BlackRock Inc. raised its position in shares of Qiwi PLC by 19.8% in the first quarter. BlackRock Inc. now owns 8,916 shares of the company’s stock worth $129,000 after buying an additional 1,474 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Qiwi PLC during the second quarter worth $164,000. Bank of New York Mellon Corp bought a new position in shares of Qiwi PLC during the second quarter worth $190,000. Geode Capital Management LLC raised its position in shares of Qiwi PLC by 8.7% in the first quarter. Geode Capital Management LLC now owns 17,884 shares of the company’s stock worth $259,000 after buying an additional 1,424 shares during the last quarter. Finally, Quantitative Investment Management LLC raised its position in shares of Qiwi PLC by 3.5% in the second quarter. Quantitative Investment Management LLC now owns 23,600 shares of the company’s stock worth $309,000 after buying an additional 800 shares during the last quarter.
Qiwi PLC (NASDAQ:QIWI) opened at 14.64 on Friday. The firm has a market capitalization of $884.89 million, a P/E ratio of 5.62 and a beta of 3.80. Qiwi PLC has a 1-year low of $10.42 and a 1-year high of $20.50. The stock’s 50 day moving average is $14.70 and its 200-day moving average is $13.41.
Qiwi PLC (NASDAQ:QIWI) last announced its earnings results on Thursday, August 11th. The company reported $21.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $20.74. The firm had revenue of $40.80 million for the quarter, compared to the consensus estimate of $38.80 million. During the same period in the prior year, the business earned $18.40 EPS. Qiwi PLC’s quarterly revenue was up 3.7% on a year-over-year basis. Analysts forecast that Qiwi PLC will post $1.17 EPS for the current year.
Separately, Zacks Investment Research lowered shares of Qiwi PLC from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st. Five research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and a consensus target price of $15.63.
About Qiwi PLC
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. It had deployed over 16.1 million virtual wallets, approximately 172,000 kiosks and terminals, and enabled merchants to accept cash and electronic payments.
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