SBI Securities Co. Ltd. lessened its position in Kyivstar Group (NASDAQ:KYIV - Free Report) by 31.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 798,693 shares of the company's stock after selling 360,300 shares during the quarter. SBI Securities Co. Ltd. owned approximately 0.35% of Kyivstar Group worth $10,367,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Cantor Fitzgerald L. P. acquired a new stake in Kyivstar Group in the 3rd quarter valued at approximately $250,000. SG Americas Securities LLC acquired a new stake in Kyivstar Group in the 4th quarter valued at approximately $279,000. Oppenheimer & Co. Inc. raised its position in Kyivstar Group by 55.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 43,832 shares of the company's stock valued at $569,000 after buying an additional 15,587 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new stake in Kyivstar Group in the 3rd quarter valued at approximately $3,105,000. Finally, UBS Group AG raised its position in Kyivstar Group by 27.9% in the 4th quarter. UBS Group AG now owns 751,322 shares of the company's stock valued at $9,752,000 after buying an additional 164,113 shares during the last quarter.
Kyivstar Group Price Performance
KYIV opened at $12.47 on Wednesday. The firm has a fifty day moving average price of $11.23. The company has a market cap of $2.88 billion and a P/E ratio of 17.81. Kyivstar Group has a 1 year low of $9.29 and a 1 year high of $16.48. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.39 and a quick ratio of 1.38.
Kyivstar Group (NASDAQ:KYIV - Get Free Report) last released its earnings results on Friday, March 13th. The company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. The company had revenue of $321.00 million for the quarter, compared to the consensus estimate of $302.65 million. Equities analysts anticipate that Kyivstar Group will post 1.38 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts recently weighed in on the stock. Wall Street Zen cut shares of Kyivstar Group from a "strong-buy" rating to a "buy" rating in a research note on Saturday, April 11th. Benchmark assumed coverage on shares of Kyivstar Group in a research note on Friday, March 27th. They issued a "buy" rating and a $20.00 target price for the company. Barclays assumed coverage on shares of Kyivstar Group in a research note on Wednesday, April 8th. They issued an "overweight" rating and a $12.50 target price for the company. Finally, Weiss Ratings assumed coverage on shares of Kyivstar Group in a research note on Tuesday, March 17th. They issued a "hold (c)" rating for the company. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Kyivstar Group presently has an average rating of "Moderate Buy" and an average target price of $16.50.
Read Our Latest Stock Report on Kyivstar Group
Kyivstar Group Company Profile
(
Free Report)
Kyivstar Group NASDAQ: KYIV is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine's largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.
For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.
Further Reading
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