Kyivstar Group $KYIV Shares Sold by CenterBook Partners LP

CenterBook Partners LP trimmed its holdings in shares of Kyivstar Group (NASDAQ:KYIV) by 83.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,493 shares of the company’s stock after selling 721,076 shares during the period. CenterBook Partners LP’s holdings in Kyivstar Group were worth $1,811,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KYIV. Goldman Sachs Group Inc. acquired a new stake in Kyivstar Group during the 4th quarter valued at $249,000. Cantor Fitzgerald L. P. acquired a new stake in shares of Kyivstar Group during the third quarter valued at $250,000. SG Americas Securities LLC acquired a new stake in shares of Kyivstar Group during the fourth quarter valued at $279,000. Oppenheimer & Co. Inc. increased its position in Kyivstar Group by 55.2% during the 4th quarter. Oppenheimer & Co. Inc. now owns 43,832 shares of the company’s stock worth $569,000 after purchasing an additional 15,587 shares in the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new stake in Kyivstar Group during the 3rd quarter worth about $3,105,000.

Analysts Set New Price Targets

A number of research analysts have issued reports on KYIV shares. Benchmark initiated coverage on shares of Kyivstar Group in a report on Friday, March 27th. They issued a “buy” rating and a $20.00 target price on the stock. Morgan Stanley started coverage on shares of Kyivstar Group in a research report on Friday, June 5th. They issued an “equal weight” rating and a $17.00 price objective for the company. Weiss Ratings raised shares of Kyivstar Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Barclays began coverage on shares of Kyivstar Group in a research note on Wednesday, April 8th. They issued an “overweight” rating and a $12.50 target price for the company. Finally, Wall Street Zen cut Kyivstar Group from a “buy” rating to a “hold” rating in a report on Sunday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.63.

Kyivstar Group Stock Performance

Shares of KYIV stock opened at $13.61 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $3.14 billion and a price-to-earnings ratio of 12.72. Kyivstar Group has a one year low of $9.29 and a one year high of $16.48. The stock’s 50 day moving average is $12.55.

Kyivstar Group (NASDAQ:KYIV) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.03. The company had revenue of $323.00 million for the quarter. As a group, equities analysts forecast that Kyivstar Group will post 1.43 EPS for the current fiscal year.

Kyivstar Group Company Profile

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.