Oppenheimer & Co. Inc. Acquires New Position in Kyivstar Group $KYIV

Oppenheimer & Co. Inc. acquired a new stake in Kyivstar Group (NASDAQ:KYIV) during the third quarter, HoldingsChannel reports. The fund acquired 43,913 shares of the company’s stock, valued at approximately $542,000.

A number of other institutional investors have also recently bought and sold shares of KYIV. State Street Corp acquired a new stake in Kyivstar Group during the 2nd quarter worth $1,962,000. Renaissance Technologies LLC acquired a new position in shares of Kyivstar Group in the 1st quarter valued at $820,000. Yorkville Advisors Global LP acquired a new position in shares of Kyivstar Group in the 1st quarter valued at $551,000. WINTON GROUP Ltd bought a new position in shares of Kyivstar Group in the 2nd quarter worth $163,000. Finally, Rangeley Capital LLC bought a new position in shares of Kyivstar Group in the 1st quarter worth $101,000.

Kyivstar Group Stock Performance

Shares of NASDAQ:KYIV opened at $12.93 on Friday. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 9.73, a P/E/G ratio of 1.37 and a beta of 2.03. The firm’s 50 day simple moving average is $13.05 and its 200 day simple moving average is $12.90. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.26 and a quick ratio of 1.25. Kyivstar Group has a fifty-two week low of $9.29 and a fifty-two week high of $16.55.

Analysts Set New Price Targets

A number of brokerages recently commented on KYIV. Benchmark reaffirmed a “buy” rating on shares of Kyivstar Group in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kyivstar Group in a report on Tuesday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.62.

About Kyivstar Group

Kyivstar Group Ltd. is a telecommunications company focused primarily on providing connectivity and digital services in Ukraine. Through its Kyivstar brand, the company offers mobile voice and data services, messaging, broadband internet, television and other communications products for consumer and business customers.

The company also provides enterprise telecommunications and digital solutions, including connectivity, cloud-related services and other technology offerings designed to support organizations.