Stock Traders Purchase High Volume of Kyivstar Group Call Options (NASDAQ:KYIV)

Kyivstar Group (NASDAQ:KYIV) was the recipient of unusually large options trading activity on Monday. Investors purchased 5,017 call options on the company. This is an increase of 665% compared to the typical volume of 656 call options.

Institutional Investors Weigh In On Kyivstar Group

Several large investors have recently made changes to their positions in KYIV. State Street Corp purchased a new stake in shares of Kyivstar Group in the second quarter worth about $1,962,000. WINTON GROUP Ltd bought a new stake in Kyivstar Group in the 2nd quarter worth approximately $163,000. Rangeley Capital LLC bought a new stake in Kyivstar Group in the 1st quarter worth approximately $101,000. Renaissance Technologies LLC purchased a new stake in shares of Kyivstar Group during the 1st quarter worth approximately $820,000. Finally, Yorkville Advisors Global LP purchased a new stake in shares of Kyivstar Group during the 1st quarter worth approximately $551,000.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Kyivstar Group in a research note on Wednesday, August 5th. Benchmark reiterated a “buy” rating on shares of Kyivstar Group in a research note on Tuesday, August 4th. Wall Street Zen raised Kyivstar Group from a “hold” rating to a “buy” rating in a report on Monday, June 15th. Finally, Morgan Stanley started coverage on Kyivstar Group in a research report on Friday, June 5th. They issued an “equal weight” rating and a $17.00 price objective on the stock. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kyivstar Group has an average rating of “Moderate Buy” and a consensus price target of $16.62.

Kyivstar Group Trading Up 0.1%

Kyivstar Group stock opened at $12.77 on Wednesday. The stock has a market cap of $2.96 billion and a P/E ratio of 19.35. 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 1 year low of $9.29 and a 1 year high of $16.55. The firm’s 50 day moving average price is $13.41 and its 200-day moving average price is $13.14.

Kyivstar Group (NASDAQ:KYIV) last issued its earnings results on Friday, July 31st. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). The company had revenue of $334.66 million for the quarter. Kyivstar Group had a return on equity of 24.71% and a net margin of 12.73%. On average, equities analysts predict that Kyivstar Group will post 1.42 earnings per share for the current fiscal year.

About Kyivstar Group

Kyivstar Group Ltd. is a telecommunications and digital services company whose principal operating business is Kyivstar, one of Ukraine’s leading communications providers. The company offers mobile voice and data services, fixed-line broadband, internet connectivity and related digital communications products for consumers, businesses and public-sector organizations.

Kyivstar also provides enterprise solutions, including connectivity, cloud and digital services, cybersecurity-related offerings and communications tools designed to support businesses.