Crossmark Global Holdings Inc. decreased its position in China Mobile Ltd. (NYSE:CHL) by 2.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 169,096 shares of the Wireless communications provider’s stock after selling 4,542 shares during the period. Crossmark Global Holdings Inc.’s holdings in China Mobile were worth $8,546,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in CHL. LSV Asset Management grew its holdings in shares of China Mobile by 7,510.5% in the 4th quarter. LSV Asset Management now owns 578,400 shares of the Wireless communications provider’s stock valued at $29,232,000 after buying an additional 570,800 shares during the period. Thornburg Investment Management Inc. grew its holdings in shares of China Mobile by 147.0% in the 3rd quarter. Thornburg Investment Management Inc. now owns 527,026 shares of the Wireless communications provider’s stock valued at $26,652,000 after buying an additional 313,623 shares during the period. BlackRock Inc. grew its holdings in shares of China Mobile by 9.9% in the 2nd quarter. BlackRock Inc. now owns 3,421,778 shares of the Wireless communications provider’s stock valued at $181,663,000 after buying an additional 306,835 shares during the period. State of New Jersey Common Pension Fund D grew its holdings in shares of China Mobile by 41.9% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 706,554 shares of the Wireless communications provider’s stock valued at $35,730,000 after buying an additional 208,600 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of China Mobile by 5.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,144,288 shares of the Wireless communications provider’s stock valued at $209,579,000 after buying an additional 195,614 shares during the period. 1.92% of the stock is owned by institutional investors.

Several equities research analysts recently commented on the stock. Zacks Investment Research cut shares of China Mobile from a “buy” rating to a “hold” rating in a research report on Tuesday. ValuEngine raised shares of China Mobile from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $58.00.

Shares of China Mobile Ltd. (NYSE CHL) opened at $50.96 on Wednesday. China Mobile Ltd. has a 52-week low of $48.70 and a 52-week high of $58.83.

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China Mobile Company Profile

China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local calls, domestic and international long distance calls, roaming services and voice value-added services.

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Institutional Ownership by Quarter for China Mobile (NYSE:CHL)

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