Employees Retirement System of Texas Takes $95,000 Position in Mobil’nye Telesistemy PAO (MBT)

Employees Retirement System of Texas bought a new stake in Mobil’nye Telesistemy PAO (NYSE:MBT) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 13,593 shares of the Wireless communications provider’s stock, valued at approximately $95,000.

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank increased its position in shares of Mobil’nye Telesistemy PAO by 2.3% during the 4th quarter. Comerica Bank now owns 59,252 shares of the Wireless communications provider’s stock worth $487,000 after purchasing an additional 1,307 shares during the last quarter. JFS Wealth Advisors LLC increased its position in shares of Mobil’nye Telesistemy PAO by 397.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 5,014 shares of the Wireless communications provider’s stock worth $35,000 after purchasing an additional 4,006 shares during the last quarter. Freestone Capital Holdings LLC increased its position in shares of Mobil’nye Telesistemy PAO by 0.6% during the 3rd quarter. Freestone Capital Holdings LLC now owns 1,045,109 shares of the Wireless communications provider’s stock worth $8,915,000 after purchasing an additional 6,353 shares during the last quarter. Todd Asset Management LLC increased its position in shares of Mobil’nye Telesistemy PAO by 0.4% during the 3rd quarter. Todd Asset Management LLC now owns 1,718,282 shares of the Wireless communications provider’s stock worth $14,657,000 after purchasing an additional 7,271 shares during the last quarter. Finally, Atlas Capital Advisors LLC increased its position in shares of Mobil’nye Telesistemy PAO by 26.3% during the 4th quarter. Atlas Capital Advisors LLC now owns 46,055 shares of the Wireless communications provider’s stock worth $322,000 after purchasing an additional 9,583 shares during the last quarter. 31.81% of the stock is currently owned by institutional investors and hedge funds.

NYSE:MBT opened at $8.09 on Friday. The company has a market cap of $7.36 billion, a price-to-earnings ratio of 8.26, a P/E/G ratio of 1.65 and a beta of 1.06. Mobil’nye Telesistemy PAO has a twelve month low of $6.64 and a twelve month high of $12.20. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 7.00.

MBT has been the topic of several recent analyst reports. Zacks Investment Research raised Mobil’nye Telesistemy PAO from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research report on Saturday, December 29th. ValuEngine lowered Mobil’nye Telesistemy PAO from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 11th.

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Mobil’nye Telesistemy PAO Company Profile

Mobile TeleSystems PJSC engages in the provision of mobile, fixed-line, and digital services. It offers wireless Internet access and fixed voice, broadband, and pay-TV. It operates through the following segments: Russia Convergent, Moscow Fixed Line, Ukraine, and Other. The Russia Convergent segment represents the results of mobile and fixed line operations, which encompasses services rendered to customers across regions of Russia, including voice and data services, transmission, broadband, pay-TV and various value-added services and retail operations.

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Institutional Ownership by Quarter for Mobil`nye Telesistemy PAO (NYSE:MBT)

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