Kyivstar Group (NASDAQ:KYIV) Stock Bumped Down to Hold by Wall Street Zen

Wall Street Zen lowered shares of Kyivstar Group (NASDAQ:KYIV) from a buy rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.

Other analysts have also recently issued research reports about the stock. Benchmark reissued a “buy” rating on shares of Kyivstar Group in a report on Tuesday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of Kyivstar Group in a research report on Tuesday, November 3rd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $16.62.

Kyivstar Group Stock Down 3.6%

Shares of NASDAQ KYIV traded down $0.46 during midday trading on Friday, hitting $12.47. 290,517 shares of the company’s stock were exchanged, compared to its average volume of 536,603. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.45 and a quick ratio of 1.25. Kyivstar Group has a twelve month low of $9.29 and a twelve month high of $16.55. The company has a market cap of $2.89 billion, a PE ratio of 8.72, a P/E/G ratio of 1.48 and a beta of 2.03. The firm’s fifty day simple moving average is $12.97 and its 200-day simple moving average is $12.91.

Kyivstar Group (NASDAQ:KYIV) last posted its earnings results on Friday, November 6th. The company reported $0.36 earnings per share for the quarter, hitting the consensus estimate of $0.36. The firm had revenue of $349.00 million during the quarter. Kyivstar Group had a return on equity of 25.50% and a net margin of 26.35%. Research analysts predict that Kyivstar Group will post 1.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Kyivstar Group

Institutional investors have recently added to or reduced their stakes in the stock. Rangeley Capital LLC purchased a new stake in Kyivstar Group during the 1st quarter valued at approximately $101,000. WINTON GROUP Ltd purchased a new position in shares of Kyivstar Group in the 2nd quarter valued at approximately $163,000. Oppenheimer & Co. Inc. purchased a new position in shares of Kyivstar Group in the 3rd quarter valued at approximately $542,000. Yorkville Advisors Global LP acquired a new position in shares of Kyivstar Group in the first quarter valued at approximately $551,000. Finally, Renaissance Technologies LLC acquired a new position in shares of Kyivstar Group in the first quarter valued at approximately $820,000.

Kyivstar Group Company Profile

Kyivstar Group is a Ukrainian telecommunications and digital services company centered on Kyivstar, one of the country’s major communications providers. Its services include mobile voice and data, fixed-line internet, and digital television for consumers, as well as connectivity and technology solutions for businesses. Kyivstar also offers digital services in areas such as entertainment, healthcare, cloud computing, and cybersecurity. Its portfolio includes Kyivstar TV and Helsi, a digital health platform used to access healthcare services in Ukraine.