China Mobile Ltd. (NYSE:CHL) Shares Sold by Leavell Investment Management Inc.
Leavell Investment Management Inc. lowered its position in China Mobile Ltd. (NYSE:CHL) by 26.1% in the fourth quarter, HoldingsChannel reports. The firm owned 5,650 shares of the Wireless communications provider’s stock after selling 2,000 shares during the period. Leavell Investment Management Inc.’s holdings in China Mobile were worth $239,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. AdvisorNet Financial Inc purchased a new stake in shares of China Mobile in the 3rd quarter valued at approximately $39,000. Tower Research Capital LLC TRC raised its position in shares of China Mobile by 84.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 939 shares of the Wireless communications provider’s stock valued at $39,000 after buying an additional 430 shares during the period. Lindbrook Capital LLC raised its position in shares of China Mobile by 71.2% during the 3rd quarter. Lindbrook Capital LLC now owns 988 shares of the Wireless communications provider’s stock valued at $41,000 after buying an additional 411 shares during the period. Stonebridge Capital Advisors LLC acquired a new position in China Mobile in the second quarter valued at approximately $50,000. Finally, Tompkins Financial Corp purchased a new position in China Mobile in the fourth quarter worth approximately $51,000. 1.89% of the stock is owned by hedge funds and other institutional investors.
China Mobile stock opened at $44.93 on Friday. The company’s 50 day simple moving average is $41.13 and its 200-day simple moving average is $41.48. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.11. China Mobile Ltd. has a 1 year low of $37.44 and a 1 year high of $55.84. The company has a market capitalization of $181.86 billion, a price-to-earnings ratio of 10.80, a price-to-earnings-growth ratio of 2.32 and a beta of 0.56.
China Mobile Company Profile
China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others.
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