Pinnacle Wealth Planning Services Inc. acquired a new position in Mobile TeleSystems Public Joint Stock (NYSE: MBT – Get a rating) in the 1st trimester, HoldingsChannel reports. The fund bought 10,800 shares of the wireless communications provider, valued at around $66,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of MBT. Fifth Third Bancorp increased its position in Mobile TeleSystems Public Joint Stock by 4.7% in the fourth quarter. Fifth Third Bancorp now owns 46,935 shares of the wireless communications provider worth $373,000 after buying 2,118 more shares in the last quarter. US Global Investors Inc. increased its position in Mobile TeleSystems Public Joint Stock by 7.2% in the 4th quarter. US Global Investors Inc. now owns 44,700 shares of the wireless communications provider worth $355,000 after buying 3,000 more shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in Mobile TeleSystems Public Joint Stock in Q4 for a value of approximately $25,000. American Century Companies Inc. increased its position in Mobile TeleSystems Public Joint Stock by 7.3% in the fourth quarter. American Century Companies Inc. now owns 65,991 shares of the wireless communications provider worth $525,000 after buying 4,477 additional shares in the last quarter. Finally, TAP Consulting LLC bought a new position in Mobile TeleSystems Public Joint Stock in Q4 for a value of approximately $62,000. 20.05% of the shares are held by hedge funds and other institutional investors.
Separately, StockNews.com launched coverage on Mobile TeleSystems Public Joint Stock in a research report on Thursday, May 12. They issued a “Strong Buy” rating for the company.
Shares of NYSE: MBT opened at $5.50 on Tuesday. Mobile TeleSystems Public Joint Stock has a fifty-two week low of $5.34 and a fifty-two week high of $10.07. The company has a market capitalization of $5.50 billion, a price-earnings ratio of 6.79 and a beta of 0.96. The company has a debt ratio of 16.71, a quick ratio of 0.51 and a current ratio of 0.55. The company has a 50-day simple moving average of $5.50 and a two-hundred-day simple moving average of $6.22.
Mobile TeleSystems Public Joint Stock (NYSE: MBT – Get a rating) last released its quarterly results on Wednesday, May 18. The wireless communications provider reported EPS of $0.08 for the quarter. Mobile TeleSystems Public Joint Stock achieved a net margin of 9.62% and a return on equity of 469.07%. The company had revenue of $1.57 billion in the quarter.
About Mobile TeleSystems Public Joint Stock (Get a rating)
Mobile TeleSystems Public Joint Stock Company provides telecommunications services primarily in Russia. It offers voice and data transmission, Internet access, broadband, pay-TV and various value-added services via wireless and fixed lines; fintech services; and B2B cloud and digital solutions, as well as the sale of equipment, accessories and software.
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