Mobil’nye Telesistemy PAO (NYSE:MBT) Stake Lowered by Jane Street Group LLC

Jane Street Group LLC decreased its stake in shares of Mobil’nye Telesistemy PAO (NYSE:MBT) by 82.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 31,007 shares of the Wireless communications provider’s stock after selling 145,598 shares during the period. Jane Street Group LLC’s holdings in Mobil’nye Telesistemy PAO were worth $217,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of MBT. Amundi Pioneer Asset Management Inc. grew its holdings in Mobil’nye Telesistemy PAO by 11.0% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 1,870,119 shares of the Wireless communications provider’s stock worth $13,089,000 after acquiring an additional 185,483 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its position in shares of Mobil’nye Telesistemy PAO by 281.3% during the 4th quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 443,800 shares of the Wireless communications provider’s stock worth $3,107,000 after buying an additional 327,400 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of Mobil’nye Telesistemy PAO by 337.6% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 788,301 shares of the Wireless communications provider’s stock worth $5,518,000 after buying an additional 608,143 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Mobil’nye Telesistemy PAO by 20.6% during the 4th quarter. Bank of America Corp DE now owns 2,024,786 shares of the Wireless communications provider’s stock worth $14,173,000 after buying an additional 345,992 shares in the last quarter. Finally, Stone Ridge Asset Management LLC lifted its position in shares of Mobil’nye Telesistemy PAO by 71.1% during the 4th quarter. Stone Ridge Asset Management LLC now owns 22,420 shares of the Wireless communications provider’s stock worth $157,000 after buying an additional 9,320 shares in the last quarter. 31.34% of the stock is currently owned by institutional investors and hedge funds.

Shares of Mobil’nye Telesistemy PAO stock remained flat at $$7.78 during mid-day trading on Friday. 1,749,689 shares of the company’s stock traded hands, compared to its average volume of 2,210,262. Mobil’nye Telesistemy PAO has a 1 year low of $6.64 and a 1 year high of $10.67. The company has a debt-to-equity ratio of 6.57, a quick ratio of 0.85 and a current ratio of 0.91. The company has a market cap of $7.28 billion, a PE ratio of 7.41, a P/E/G ratio of 1.65 and a beta of 1.06.

Mobil’nye Telesistemy PAO (NYSE:MBT) last posted its earnings results on Tuesday, March 19th. The Wireless communications provider reported $0.28 EPS for the quarter. Mobil’nye Telesistemy PAO had a net margin of 1.95% and a return on equity of 64.15%. The firm had revenue of $1.95 billion for the quarter. As a group, sell-side analysts expect that Mobil’nye Telesistemy PAO will post 1.03 EPS for the current fiscal year.

Several research firms have commented on MBT. Zacks Investment Research cut shares of Mobil’nye Telesistemy PAO from a “buy” rating to a “hold” rating in a research report on Saturday, April 6th. ValuEngine raised shares of Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st.

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Mobil’nye Telesistemy PAO Company 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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