Voya Investment Management LLC grew its holdings in shares of Mobil’nye Telesistemy PAO (NYSE:MBT) by 18.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,492 shares of the Wireless communications provider’s stock after acquiring an additional 11,833 shares during the quarter. Voya Investment Management LLC’s holdings in Mobil’nye Telesistemy PAO were worth $675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Renaissance Technologies LLC boosted its position in shares of Mobil’nye Telesistemy PAO by 8.3% during the 2nd quarter. Renaissance Technologies LLC now owns 20,820,850 shares of the Wireless communications provider’s stock valued at $183,848,000 after acquiring an additional 1,599,050 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of Mobil’nye Telesistemy PAO by 3.4% during the 2nd quarter. Van ECK Associates Corp now owns 7,166,975 shares of the Wireless communications provider’s stock valued at $63,284,000 after acquiring an additional 238,515 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Mobil’nye Telesistemy PAO by 19.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 3,262,197 shares of the Wireless communications provider’s stock valued at $28,805,000 after acquiring an additional 528,200 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Mobil’nye Telesistemy PAO by 61.6% during the 2nd quarter. Wells Fargo & Company MN now owns 2,794,131 shares of the Wireless communications provider’s stock valued at $24,672,000 after acquiring an additional 1,065,417 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Mobil’nye Telesistemy PAO by 1.8% during the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,677,997 shares of the Wireless communications provider’s stock valued at $14,817,000 after acquiring an additional 29,833 shares during the last quarter. Hedge funds and other institutional investors own 32.83% of the company’s stock.

A number of analysts have recently issued reports on MBT shares. ValuEngine upgraded Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a research report on Thursday, June 28th. Zacks Investment Research upgraded Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a research report on Tuesday, September 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $12.50.

Shares of NYSE MBT opened at $8.12 on Friday. The stock has a market cap of $7.98 billion, a P/E ratio of 8.29, a PEG ratio of 0.85 and a beta of 1.14. 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 1-year low of $7.25 and a 1-year high of $12.80.

Mobil’nye Telesistemy PAO (NYSE:MBT) last announced its quarterly earnings data on Tuesday, August 21st. The Wireless communications provider reported $0.24 earnings per share for the quarter. The company 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%. As a group, equities analysts expect that Mobil’nye Telesistemy PAO will post 0.96 earnings per share for the current year.

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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