Mobil’nye Telesistemy PAO (MBT) Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in Mobil’nye Telesistemy PAO (NYSE:MBT) by 2.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,260,337 shares of the Wireless communications provider’s stock after acquiring an additional 34,237 shares during the quarter. Teacher Retirement System of Texas’ holdings in Mobil’nye Telesistemy PAO were worth $8,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MBT. JFS Wealth Advisors LLC grew its holdings in shares of Mobil’nye Telesistemy PAO by 397.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 5,014 shares of the Wireless communications provider’s stock worth $35,000 after acquiring an additional 4,006 shares during the period. TD Asset Management Inc. bought a new stake in Mobil’nye Telesistemy PAO during the fourth quarter valued at about $71,000. Cigna Investments Inc. New bought a new stake in Mobil’nye Telesistemy PAO during the fourth quarter valued at about $90,000. Employees Retirement System of Texas bought a new stake in Mobil’nye Telesistemy PAO during the fourth quarter valued at about $95,000. Finally, CIBC Asset Management Inc grew its holdings in Mobil’nye Telesistemy PAO by 24.9% during the fourth quarter. CIBC Asset Management Inc now owns 15,085 shares of the Wireless communications provider’s stock valued at $106,000 after purchasing an additional 3,004 shares during the period. 31.52% of the stock is owned by institutional investors.

NYSE:MBT opened at $7.82 on Tuesday. Mobil’nye Telesistemy PAO has a 52-week low of $6.64 and a 52-week high of $11.70. The company has a debt-to-equity ratio of 6.57, a current ratio of 0.91 and a quick ratio of 0.85. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 7.45, a P/E/G ratio of 1.60 and a beta of 1.06.

Several analysts have issued reports on the company. Zacks Investment Research raised Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a report on Thursday, March 21st. ValuEngine raised Mobil’nye Telesistemy PAO from a “strong sell” rating to a “sell” rating in a report on Wednesday, December 5th.

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Mobil’nye Telesistemy PAO 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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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).

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

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