Comerica Bank increased its position in shares of Mobile TeleSystems Public Joint Stock (NYSE:MBT) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,075 shares of the Wireless communications provider’s stock after purchasing an additional 1,761 shares during the quarter. Comerica Bank’s holdings in Mobile TeleSystems Public Joint Stock were worth $553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership increased its position in Mobile TeleSystems Public Joint Stock by 38.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,232,595 shares of the Wireless communications provider’s stock valued at $71,871,000 after acquiring an additional 2,298,294 shares in the last quarter. LSV Asset Management boosted its stake in shares of Mobile TeleSystems Public Joint Stock by 0.4% in the 3rd quarter. LSV Asset Management now owns 7,531,014 shares of the Wireless communications provider’s stock valued at $65,745,000 after purchasing an additional 28,000 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Mobile TeleSystems Public Joint Stock by 8.1% in the 3rd quarter. Van ECK Associates Corp now owns 4,597,980 shares of the Wireless communications provider’s stock valued at $40,140,000 after purchasing an additional 342,822 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Mobile TeleSystems Public Joint Stock by 18.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,091,673 shares of the Wireless communications provider’s stock valued at $35,720,000 after purchasing an additional 632,779 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Mobile TeleSystems Public Joint Stock by 8.0% in the 3rd quarter. First Trust Advisors LP now owns 3,044,974 shares of the Wireless communications provider’s stock valued at $26,583,000 after purchasing an additional 224,312 shares during the last quarter.

Several research analysts have recently issued reports on MBT shares. New Street Research lowered shares of Mobile TeleSystems Public Joint Stock from a “buy” rating to a “neutral” rating in a research note on Friday, December 18th. Zacks Investment Research lowered shares of Mobile TeleSystems Public Joint Stock from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Mobile TeleSystems Public Joint Stock currently has an average rating of “Hold” and an average price target of $10.50.

Mobile TeleSystems Public Joint Stock stock opened at $8.51 on Tuesday. The company’s 50 day simple moving average is $9.09 and its 200 day simple moving average is $8.82. Mobile TeleSystems Public Joint Stock has a fifty-two week low of $6.20 and a fifty-two week high of $10.50. The firm has a market capitalization of $7.79 billion, a price-to-earnings ratio of 9.78, a PEG ratio of 0.90 and a beta of 1.07. The company has a debt-to-equity ratio of 17.43, a current ratio of 0.82 and a quick ratio of 0.77.

Mobile TeleSystems Public Joint Stock Company Profile

Mobile TeleSystems Public Joint Stock Company provides telecommunication services primarily in Russia. It offers voice and data transmission, Internet access, pay TV, and value added services through wireless and fixed lines; and integration services, as well as sells equipment, accessories, and software.

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Institutional Ownership by Quarter for Mobile TeleSystems Public Joint Stock (NYSE:MBT)

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