Oppenheimer & Co. Inc. Makes New Investment in Kyivstar Group $KYIV

Oppenheimer & Co. Inc. purchased a new stake in shares of Kyivstar Group (NASDAQ:KYIV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 43,913 shares of the company’s stock, valued at approximately $542,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. State Street Corp bought a new stake in shares of Kyivstar Group during the second quarter worth $1,962,000. Renaissance Technologies LLC bought a new position in shares of Kyivstar Group in the first quarter valued at about $820,000. Yorkville Advisors Global LP bought a new position in shares of Kyivstar Group in the first quarter valued at about $551,000. WINTON GROUP Ltd bought a new position in shares of Kyivstar Group in the second quarter valued at about $163,000. Finally, Rangeley Capital LLC acquired a new position in Kyivstar Group during the 1st quarter worth about $101,000.

Analysts Set New Price Targets

A number of brokerages have commented on KYIV. Weiss Ratings reissued a “hold (c)” rating on shares of Kyivstar Group in a report on Tuesday. Benchmark restated a “buy” rating on shares of Kyivstar Group in a research report on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kyivstar Group presently has an average rating of “Moderate Buy” and a consensus price target of $16.62.

Kyivstar Group Price Performance

Kyivstar Group stock opened at $12.93 on Friday. The business’s 50-day simple moving average is $13.05 and its 200 day simple moving average is $12.90. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 9.73, a P/E/G ratio of 1.37 and a beta of 2.03. Kyivstar Group has a 12-month low of $9.29 and a 12-month high of $16.55. The company has a quick ratio of 1.25, a current ratio of 1.26 and a debt-to-equity ratio of 0.26.

Kyivstar Group Company Profile

Kyivstar Group Ltd. is a telecommunications company focused primarily on providing connectivity and digital services in Ukraine. Through its Kyivstar brand, the company offers mobile voice and data services, messaging, broadband internet, television and other communications products for consumer and business customers.

The company also provides enterprise telecommunications and digital solutions, including connectivity, cloud-related services and other technology offerings designed to support organizations.