AMP Capital Investors Ltd boosted its holdings in shares of Mobile TeleSystems OJSC (NYSE:MBT) by 32.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 136,600 shares of the Wireless communications provider’s stock after buying an additional 33,300 shares during the quarter. AMP Capital Investors Ltd’s holdings in Mobile TeleSystems OJSC were worth $1,426,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Sciencast Management LP purchased a new position in shares of Mobile TeleSystems OJSC during the 2nd quarter valued at approximately $103,000. Tudor Investment Corp ET AL purchased a new position in shares of Mobile TeleSystems OJSC during the 2nd quarter valued at approximately $103,000. M&T Bank Corp increased its holdings in shares of Mobile TeleSystems OJSC by 23.5% during the 2nd quarter. M&T Bank Corp now owns 14,978 shares of the Wireless communications provider’s stock valued at $126,000 after purchasing an additional 2,852 shares in the last quarter. CIBC World Markets Inc. increased its holdings in shares of Mobile TeleSystems OJSC by 9.0% during the 2nd quarter. CIBC World Markets Inc. now owns 20,732 shares of the Wireless communications provider’s stock valued at $174,000 after purchasing an additional 1,707 shares in the last quarter. Finally, Symphony Asset Management LLC increased its holdings in shares of Mobile TeleSystems OJSC by 39.4% during the 2nd quarter. Symphony Asset Management LLC now owns 20,856 shares of the Wireless communications provider’s stock valued at $175,000 after purchasing an additional 5,897 shares in the last quarter. 32.06% of the stock is owned by institutional investors.

Several research firms have recently weighed in on MBT. Deutsche Bank lowered shares of Mobile TeleSystems OJSC from a “buy” rating to a “hold” rating and set a $11.00 target price for the company. in a report on Wednesday, December 6th. TheStreet raised shares of Mobile TeleSystems OJSC from a “c” rating to a “b-” rating in a report on Friday, November 17th. Zacks Investment Research lowered shares of Mobile TeleSystems OJSC from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 26th. ValuEngine raised shares of Mobile TeleSystems OJSC from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, BidaskClub raised shares of Mobile TeleSystems OJSC from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $10.85.

Shares of Mobile TeleSystems OJSC (NYSE MBT) opened at $9.60 on Wednesday. The company has a market cap of $9,551.57, a price-to-earnings ratio of 9.80, a P/E/G ratio of 0.90 and a beta of 0.94. The company has a quick ratio of 0.86, a current ratio of 0.93 and a debt-to-equity ratio of 1.89. Mobile TeleSystems OJSC has a 1-year low of $7.76 and a 1-year high of $11.59.

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Mobile TeleSystems OJSC Company Profile

Mobil’nye Telesistemy PAO is a Russia-based provider of telecommunications services. The Company provides mobile and fixed-line voice and data telecommunications services, including data transfer, broadband, pay-television (pay-TV) and various value-added services, as well as selling equipment and accessories.

Institutional Ownership by Quarter for Mobile TeleSystems OJSC (NYSE:MBT)

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