Strategic Global Advisors LLC lessened its position in shares of Mobil’nye Telesistemy PAO (NYSE:MBT) by 50.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,380 shares of the Wireless communications provider’s stock after selling 46,180 shares during the quarter. Strategic Global Advisors LLC’s holdings in Mobil’nye Telesistemy PAO were worth $422,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in shares of Mobil’nye Telesistemy PAO by 0.6% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 233,200 shares of the Wireless communications provider’s stock valued at $1,763,000 after acquiring an additional 1,400 shares during the last quarter. LPL Financial LLC raised its stake in Mobil’nye Telesistemy PAO by 16.1% during the second quarter. LPL Financial LLC now owns 15,974 shares of the Wireless communications provider’s stock valued at $149,000 after purchasing an additional 2,213 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its position in Mobil’nye Telesistemy PAO by 3.8% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 81,207 shares of the Wireless communications provider’s stock valued at $756,000 after purchasing an additional 3,000 shares during the last quarter. Boston Partners grew its stake in shares of Mobil’nye Telesistemy PAO by 1.3% in the 1st quarter. Boston Partners now owns 258,403 shares of the Wireless communications provider’s stock worth $1,954,000 after buying an additional 3,362 shares in the last quarter. Finally, Comerica Bank increased its holdings in shares of Mobil’nye Telesistemy PAO by 6.8% in the 1st quarter. Comerica Bank now owns 63,261 shares of the Wireless communications provider’s stock worth $508,000 after buying an additional 4,009 shares during the last quarter. 31.09% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently issued reports on MBT. Zacks Investment Research upgraded shares of Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a research report on Saturday. ValuEngine cut Mobil’nye Telesistemy PAO from a “hold” rating to a “sell” rating in a research note on Wednesday, July 24th.

Shares of NYSE MBT traded down $0.02 during trading hours on Wednesday, hitting $8.15. 1,205,826 shares of the company traded hands, compared to its average volume of 2,695,073. The stock has a market capitalization of $7.72 billion, a price-to-earnings ratio of 7.76, a price-to-earnings-growth ratio of 2.35 and a beta of 1.06. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 11.25. The company’s 50 day moving average price is $7.99 and its 200 day moving average price is $8.11. Mobil’nye Telesistemy PAO has a 12 month low of $6.64 and a 12 month high of $9.63.

Mobil’nye Telesistemy PAO (NYSE:MBT) last issued its quarterly earnings results on Tuesday, August 20th. The Wireless communications provider reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $1.94 billion during the quarter. Mobil’nye Telesistemy PAO had a return on equity of 95.04% and a net margin of 1.45%. Equities analysts anticipate that Mobil’nye Telesistemy PAO will post 0.95 EPS for the current year.

Mobil’nye Telesistemy PAO 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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