Maven Securities LTD Takes $607,000 Position in Kyivstar Group $KYIV

Maven Securities LTD purchased a new stake in shares of Kyivstar Group (NASDAQ:KYIV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,763 shares of the company’s stock, valued at approximately $607,000.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. bought a new stake in shares of Kyivstar Group during the fourth quarter valued at approximately $249,000. Cantor Fitzgerald L. P. bought a new stake in shares of Kyivstar Group during the third quarter valued at approximately $250,000. SG Americas Securities LLC acquired a new position in Kyivstar Group in the fourth quarter valued at approximately $279,000. Gordian Capital Singapore Pte Ltd acquired a new position in Kyivstar Group in the fourth quarter valued at approximately $312,000. Finally, HRT Financial LP lifted its holdings in Kyivstar Group by 12.0% in the fourth quarter. HRT Financial LP now owns 35,838 shares of the company’s stock valued at $465,000 after buying an additional 3,853 shares during the period.

Kyivstar Group Stock Performance

KYIV opened at $13.75 on Tuesday. The stock has a fifty day moving average price of $12.84. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $3.17 billion and a price-to-earnings ratio of 12.85. Kyivstar Group has a twelve month low of $9.29 and a twelve month high of $16.48.

Kyivstar Group (NASDAQ:KYIV) last posted its earnings results on Wednesday, May 13th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.03. The firm had revenue of $323.00 million during the quarter. Equities analysts forecast that Kyivstar Group will post 1.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on KYIV shares. Benchmark started coverage on shares of Kyivstar Group in a report on Friday, March 27th. They issued a “buy” rating and a $20.00 price objective on the stock. Morgan Stanley started coverage on shares of Kyivstar Group in a report on Friday, June 5th. They issued an “equal weight” rating and a $17.00 price objective on the stock. Wall Street Zen upgraded shares of Kyivstar Group from a “hold” rating to a “buy” rating in a report on Monday. Weiss Ratings upgraded shares of Kyivstar Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, Barclays started coverage on shares of Kyivstar Group in a report on Wednesday, April 8th. They issued an “overweight” rating and a $12.50 price objective on the stock. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $16.63.

Kyivstar Group Profile

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.