Penserra Capital Management LLC lifted its holdings in shares of Qiwi PLC (NASDAQ:QIWI) by 8.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 100,562 shares of the credit services provider’s stock after purchasing an additional 7,971 shares during the quarter. Penserra Capital Management LLC owned approximately 0.22% of Qiwi worth $1,742,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Eqis Capital Management Inc. grew its stake in Qiwi by 11.5% in the 4th quarter. Eqis Capital Management Inc. now owns 29,074 shares of the credit services provider’s stock valued at $504,000 after buying an additional 2,996 shares during the last quarter. Northern Trust Corp grew its stake in Qiwi by 19.4% in the 2nd quarter. Northern Trust Corp now owns 20,283 shares of the credit services provider’s stock valued at $501,000 after buying an additional 3,296 shares during the last quarter. State Street Corp grew its stake in Qiwi by 8.7% in the 2nd quarter. State Street Corp now owns 47,658 shares of the credit services provider’s stock valued at $1,177,000 after buying an additional 3,808 shares during the last quarter. Parametric Portfolio Associates LLC grew its stake in Qiwi by 1.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 329,079 shares of the credit services provider’s stock valued at $8,122,000 after buying an additional 3,823 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in Qiwi by 110.5% in the 2nd quarter. Wells Fargo & Company MN now owns 15,378 shares of the credit services provider’s stock valued at $380,000 after buying an additional 8,073 shares during the last quarter. Institutional investors own 17.59% of the company’s stock.
Qiwi PLC (NASDAQ QIWI) opened at $15.67 on Wednesday. Qiwi PLC has a 12 month low of $13.66 and a 12 month high of $26.55. The stock has a market cap of $690.14, a price-to-earnings ratio of 13.48 and a beta of 3.02.
Qiwi (NASDAQ:QIWI) last issued its quarterly earnings results on Thursday, November 16th. The credit services provider reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Qiwi had a net margin of 13.47% and a return on equity of 20.98%. The firm had revenue of $55.80 million during the quarter, compared to the consensus estimate of $51.02 million. equities research analysts expect that Qiwi PLC will post 1.09 EPS for the current year.
A number of research analysts recently issued reports on the stock. BidaskClub lowered shares of Qiwi from a “hold” rating to a “sell” rating in a research note on Monday, January 29th. ValuEngine lowered shares of Qiwi from a “buy” rating to a “hold” rating in a research note on Sunday, December 3rd. Finally, Zacks Investment Research lowered shares of Qiwi from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $22.67.
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QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
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