Financial Counselors Inc. reduced its position in shares of Mobil’nye Telesistemy PAO (NYSE:MBT) by 6.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,558 shares of the Wireless communications provider’s stock after selling 1,881 shares during the period. Financial Counselors Inc.’s holdings in Mobil’nye Telesistemy PAO were worth $201,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBT. Barings LLC purchased a new stake in Mobil’nye Telesistemy PAO during the fourth quarter worth about $24,942,000. Acadian Asset Management LLC increased its holdings in Mobil’nye Telesistemy PAO by 262.5% during the fourth quarter. Acadian Asset Management LLC now owns 4,092,791 shares of the Wireless communications provider’s stock worth $28,650,000 after buying an additional 2,963,687 shares during the last quarter. BlackRock Inc. increased its holdings in Mobil’nye Telesistemy PAO by 8.8% during the fourth quarter. BlackRock Inc. now owns 29,864,822 shares of the Wireless communications provider’s stock worth $209,053,000 after buying an additional 2,420,039 shares during the last quarter. Prosperity Capital Management Ltd purchased a new stake in Mobil’nye Telesistemy PAO during the first quarter worth about $12,692,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new stake in Mobil’nye Telesistemy PAO during the fourth quarter worth about $11,697,000. 31.72% of the stock is currently owned by institutional investors.

NYSE MBT opened at $8.04 on Tuesday. Mobil’nye Telesistemy PAO has a 52-week low of $6.64 and a 52-week high of $9.99. The company has a debt-to-equity ratio of 6.95, a current ratio of 0.80 and a quick ratio of 0.74. The stock has a market cap of $7.32 billion, a P/E ratio of 7.66, a P/E/G ratio of 2.17 and a beta of 0.96.

Mobil’nye Telesistemy PAO (NYSE:MBT) last posted its quarterly earnings data on Thursday, May 23rd. The Wireless communications provider reported $0.24 earnings per share (EPS) for the quarter. Mobil’nye Telesistemy PAO had a net margin of 1.92% and a return on equity of 75.95%. The business had revenue of $1.79 billion during the quarter. On average, equities research analysts anticipate that Mobil’nye Telesistemy PAO will post 0.97 EPS for the current year.

A number of analysts recently issued reports on MBT shares. Zacks Investment Research downgraded shares of Mobil’nye Telesistemy PAO from a “hold” rating to a “sell” rating in a report on Tuesday, May 28th. ValuEngine upgraded shares of Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st.

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About Mobil’nye Telesistemy PAO

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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