Millicom International Cellular SA $TIGO Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC increased its position in shares of Millicom International Cellular SA (NASDAQ:TIGO) by 17.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,334 shares of the technology company’s stock after purchasing an additional 4,838 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Millicom International Cellular were worth $1,212,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Boston Partners purchased a new position in shares of Millicom International Cellular in the first quarter valued at $73,286,000. Teacher Retirement System of Texas acquired a new position in Millicom International Cellular in the 1st quarter valued at about $1,402,000. KBC Group NV purchased a new position in Millicom International Cellular in the 1st quarter valued at about $233,000. CWA Asset Management Group LLC lifted its holdings in Millicom International Cellular by 34.3% in the 1st quarter. CWA Asset Management Group LLC now owns 12,307 shares of the technology company’s stock valued at $373,000 after purchasing an additional 3,141 shares in the last quarter. Finally, Militia Capital Partners LP acquired a new stake in shares of Millicom International Cellular during the 1st quarter worth about $908,000.

Millicom International Cellular Price Performance

TIGO stock opened at $47.24 on Friday. The company has a market cap of $8.13 billion, a PE ratio of 8.33 and a beta of 1.11. The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 1.59. The stock has a 50-day moving average price of $47.29 and a two-hundred day moving average price of $39.84. Millicom International Cellular SA has a 12-month low of $23.61 and a 12-month high of $50.78.

Millicom International Cellular (NASDAQ:TIGO) last released its quarterly earnings data on Thursday, August 7th. The technology company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). Millicom International Cellular had a return on equity of 10.32% and a net margin of 16.97%.The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.40 billion. As a group, research analysts predict that Millicom International Cellular SA will post 1.91 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Zacks Research lowered shares of Millicom International Cellular from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 8th. Scotiabank boosted their price target on Millicom International Cellular from $37.00 to $46.10 and gave the company a “sector perform” rating in a report on Tuesday, August 19th. JPMorgan Chase & Co. raised their price objective on Millicom International Cellular from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Millicom International Cellular in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Millicom International Cellular from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Millicom International Cellular has an average rating of “Moderate Buy” and a consensus target price of $42.02.

Millicom International Cellular Company Profile

Millicom International Cellular SA provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.