Mobil’nye Telesistemy PAO (MBT) Shares Obtained by Cornerstone Capital Management Stake LLC.

Mobil’nye Telesistemy PAO (MBT) Shares Obtained by Cornerstone Capital Management Stake LLC.

Cornerstone Capital Management Holdings LLC. increased its position in Mobil'nye Telesistemy PAO (NYSE:MBT) by 143.8% during the first quarter, Holdings Channel reports. The institutional investor owned 329,600 shares of the Wireless communications provider’s stock after buying an additional 194,400 shares during the period. Cornerstone Capital Management Holdings LLC.’s holdings in Mobil'nye Telesistemy PAO were worth $3,635,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Nuveen Fund Advisors LLC bought a new stake in Mobil'nye Telesistemy PAO during the third quarter worth $111,000. Quantbot Technologies LP bought a new stake in Mobil'nye Telesistemy PAO during the first quarter worth $130,000. M&T Bank Corp acquired a new position in Mobil'nye Telesistemy PAO during the first quarter valued at approximately $134,000. Envestnet Asset Management Inc. raised its position in Mobil'nye Telesistemy PAO by 39.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 16,133 shares of the Wireless communications provider’s stock valued at $146,000 after buying an additional 4,585 shares during the period. Finally, Symphony Asset Management LLC acquired a new position in Mobil'nye Telesistemy PAO during the first quarter valued at approximately $165,000. 30.70% of the stock is currently owned by institutional investors and hedge funds.

Shares of Mobil'nye Telesistemy PAO (NYSE:MBT) traded up 1.20% during midday trading on Friday, hitting $9.31. 2,156,557 shares of the stock traded hands. The firm has a 50-day moving average price of $9.74 and a 200 day moving average price of $9.78. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 6.18 and a beta of 1.09. Mobil'nye Telesistemy PAO has a one year low of $7.09 and a one year high of $11.59.

Several research firms recently commented on MBT. Zacks Investment Research lowered Mobil'nye Telesistemy PAO from a “strong-buy” rating to a “hold” rating in a report on Friday, February 17th. Standpoint Research lowered Mobil'nye Telesistemy PAO from a “buy” rating to a “hold” rating in a report on Friday, April 7th. Finally, Morgan Stanley lowered Mobil'nye Telesistemy PAO from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $12.60 to $9.90 in a report on Thursday, May 4th. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $10.63.

Mobil'nye Telesistemy PAO Company Profile

Mobile TeleSystems Public Joint Stock Company, formerly Mobile TeleSystems Open Joint Stock Company, is a provider of telecommunications services. The Company provides mobile and fixed line voice and data telecommunications services, including data transfer, broadband, pay-television (pay-TV) and various value-added services, as well as selling equipment and accessories.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “MBT”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding MBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mobil'nye Telesistemy PAO (NYSE:MBT).

Related posts

Leave a Comment