Teachers Retirement System of The State of Kentucky Trims Stock Position in Mobile TeleSystems Public Joint Stock (NYSE:MBT)

Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Mobile TeleSystems Public Joint Stock (NYSE:MBTGet Rating) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,658,900 shares of the Wireless communications provider’s stock after selling 49,400 shares during the period. Teachers Retirement System of The State of Kentucky owned approximately 0.17% of Mobile TeleSystems Public Joint Stock worth $13,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of MBT. Counterpoint Mutual Funds LLC purchased a new position in shares of Mobile TeleSystems Public Joint Stock during the fourth quarter worth $25,000. D Orazio & Associates Inc. acquired a new stake in Mobile TeleSystems Public Joint Stock during the third quarter valued at $26,000. TAP Consulting LLC acquired a new stake in Mobile TeleSystems Public Joint Stock during the fourth quarter valued at $62,000. J.W. Cole Advisors Inc. acquired a new stake in Mobile TeleSystems Public Joint Stock during the fourth quarter valued at $85,000. Finally, CAPROCK Group Inc. acquired a new stake in Mobile TeleSystems Public Joint Stock during the fourth quarter valued at $87,000. 21.53% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently commented on the stock. StockNews.com assumed coverage on shares of Mobile TeleSystems Public Joint Stock in a research report on Tuesday. They set a “strong-buy” rating on the stock. Zacks Investment Research lowered shares of Mobile TeleSystems Public Joint Stock from a “buy” rating to a “hold” rating in a research report on Wednesday, March 23rd.

Shares of NYSE MBT opened at $5.50 on Friday. The company’s 50-day simple moving average is $5.59 and its 200-day simple moving average is $7.31. Mobile TeleSystems Public Joint Stock has a 52-week low of $5.34 and a 52-week high of $10.07. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 5.45 and a beta of 1.10. The company has a quick ratio of 0.52, a current ratio of 0.56 and a debt-to-equity ratio of 33.29.

Mobile TeleSystems Public Joint Stock (NYSE:MBTGet Rating) last announced its earnings results on Thursday, March 3rd. The Wireless communications provider reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.02. Mobile TeleSystems Public Joint Stock had a net margin of 11.86% and a return on equity of 340.18%. The business had revenue of $1.98 billion for the quarter.

Mobile TeleSystems Public Joint Stock Company Profile (Get Rating)

Mobile TeleSystems Public Joint Stock Company provides telecommunication services primarily in Russia. It offers voice and data transmission, internet access, broadband, pay TV, and various value-added services through wireless and fixed lines; fintech services; and B2B cloud, and digital solutions, as well as sells equipment, accessories, and software.

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Institutional Ownership by Quarter for Mobile TeleSystems Public Joint Stock (NYSE:MBT)

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