2 weeks Ago By Defense World Staff
Brandes Investment Partners LP trimmed its holdings in Millicom International Cellular S.A. ( NASDAQ:TIGO – Free Report ) by 1.
3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,509,438 shares of the technology company’s stock after selling 57,619 shares during the quarter. Millicom International Cellular comprises about 1.
4% of Brandes Investment Partners LP’s investment portfolio, making the stock its 28th biggest holding. Brandes Investment Partners LP owned about 4.43% of Millicom International Cellular worth $110,643,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the business. Optiver Holding B.V.
lifted its holdings in shares of Millicom International Cellular by 216.0% during the fourth quarter. Optiver Holding B.
V. now owns 56,615 shares of the technology company’s stock valued at $1,019,000 after purchasing an additional 38,697 shares during the last quarter. Morningstar Investment Services LLC raised its stake in shares of Millicom International Cellular by 105.
6% in the fourth quarter. Morningstar Investment Services LLC now owns 246,622 shares of the technology company’s stock worth $4,474,000 after purchasing an additional 126,679 shares during the last quarter. Greytown Advisors Inc.
boosted its position in shares of Millicom International Cellular by 91.6% during the fourth quarter. Greytown Advisors Inc.
now owns 45,955 shares of the technology company’s stock valued at $827,000 after buying an additional 21,965 shares during the last quarter. SG Americas Securities LLC lifted its stake in Millicom International Cellular by 13.1% during the 1st quarter.
SG Americas Securities LLC now owns 7,925 shares of the technology company’s stock valued at $160,000 after acquiring an additional 920 shares during the period. Finally, Clifford Capital Partners LLC grew its stake in shares of Millicom International Cellular by 8.7% in the first quarter.
Clifford Capital Partners LLC now owns 42,867 shares of the technology company’s stock worth $867,000 after acquiring an additional 3,427 shares during the period. Millicom International Cellular Stock Down 1.3 % Shares of TIGO stock opened at $27.
76 on Monday. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 555.
20 and a beta of 1.23. The company has a debt-to-equity ratio of 1.
72, a current ratio of 0.66 and a quick ratio of 0.64.
The company’s fifty day moving average price is $26.10 and its 200-day moving average price is $23.69.
Millicom International Cellular S.A. has a one year low of $14.
46 and a one year high of $28.75. Analysts Set New Price Targets A number of brokerages have weighed in on TIGO.
Scotiabank upgraded shares of Millicom International Cellular from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $30.00 to $37.30 in a research note on Friday, September 20th.
UBS Group upgraded shares of Millicom International Cellular from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $25.00 to $33.00 in a research note on Thursday, August 15th.
HSBC cut shares of Millicom International Cellular from a “buy” rating to a “hold” rating in a report on Tuesday, July 2nd. Hsbc Global Res cut shares of Millicom International Cellular from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 2nd. Finally, JPMorgan Chase & Co.
assumed coverage on Millicom International Cellular in a research note on Friday, September 6th. They issued an “overweight” rating and a $35.00 price objective for the company.
Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Millicom International Cellular presently has an average rating of “Moderate Buy” and a consensus target price of $30.
66. Read Our Latest Report on TIGO Millicom International Cellular Company Profile ( Free Report ) 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.
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