Emerald Acquisition Ltd. bought a new stake in shares of Qiwi PLC (NASDAQ:QIWI) during the second quarter, Holdings Channel reports. The firm bought 45,612 shares of the company’s stock, valued at approximately $598,000. Emerald Acquisition Ltd. owned approximately 0.08% of Qiwi PLC as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in Qiwi PLC by 19.8% in the first quarter. BlackRock Inc. now owns 8,916 shares of the company’s stock valued at $129,000 after buying an additional 1,474 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Qiwi PLC by 8.7% in the first quarter. Geode Capital Management LLC now owns 17,884 shares of the company’s stock valued at $259,000 after buying an additional 1,424 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Qiwi PLC by 10.8% in the first quarter. JPMorgan Chase & Co. now owns 3,503,357 shares of the company’s stock valued at $50,762,000 after buying an additional 341,368 shares during the period. Quantitative Investment Management LLC increased its stake in shares of Qiwi PLC by 3.5% in the second quarter. Quantitative Investment Management LLC now owns 23,600 shares of the company’s stock valued at $309,000 after buying an additional 800 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of Qiwi PLC during the second quarter valued at approximately $164,000. 58.98% of the stock is owned by institutional investors and hedge funds.
Qiwi PLC (NASDAQ:QIWI) traded down 1.80% on Monday, reaching $14.69. 65,437 shares of the company’s stock traded hands. The firm has a market cap of $887.91 million, a price-to-earnings ratio of 5.64 and a beta of 3.58. Qiwi PLC has a 52-week low of $10.42 and a 52-week high of $20.50. The stock’s 50 day moving average is $14.99 and its 200 day moving average is $13.47.
Qiwi PLC (NASDAQ:QIWI) last released its quarterly earnings data on Thursday, August 11th. The company reported $21.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $20.74. Qiwi PLC had a net margin of 27.44% and a return on equity of 20.20%. The firm had revenue of $40.80 million for the quarter, compared to the consensus estimate of $38.80 million. During the same period in the previous year, the company earned $18.40 earnings per share. The company’s quarterly revenue was up 3.7% on a year-over-year basis. On average, equities research analysts predict that Qiwi PLC will post $1.19 EPS for the current fiscal year.
Separately, Zacks Investment Research downgraded shares of Qiwi PLC from a “buy” rating to a “hold” rating in a research report on Thursday, July 21st. Five investment analysts have rated the stock with a hold rating, Qiwi PLC has an average rating of “Hold” and a consensus target price of $15.63.
About Qiwi PLC
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. It had deployed over 16.1 million virtual wallets, approximately 172,000 kiosks and terminals, and enabled merchants to accept cash and electronic payments.
Want to see what other hedge funds are holding QIWI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qiwi PLC (NASDAQ:QIWI).
Receive News & Ratings for Qiwi PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qiwi PLC and related companies with MarketBeat.com's FREE daily email newsletter.