Citadel Advisors LLC purchased a new position in Cellcom Israel Ltd. (NYSE:CEL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 14,684 shares of the technology company’s stock, valued at approximately $150,000.
Other hedge funds have also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Cellcom Israel by 4.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 78,732 shares of the technology company’s stock valued at $759,000 after purchasing an additional 3,102 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Cellcom Israel during the 4th quarter valued at $2,234,000. Vanguard Group Inc. raised its position in shares of Cellcom Israel by 8.7% during the 2nd quarter. Vanguard Group Inc. now owns 1,016,527 shares of the technology company’s stock valued at $9,800,000 after purchasing an additional 81,105 shares during the period. Finally, Sphera Funds Management LTD. bought a new stake in shares of Cellcom Israel during the 3rd quarter valued at $14,301,000. Hedge funds and other institutional investors own 10.38% of the company’s stock.
Separately, ValuEngine upgraded shares of Cellcom Israel from a “hold” rating to a “buy” rating in a research report on Tuesday, March 13th.
Shares of Cellcom Israel Ltd. (CEL) opened at $7.45 on Friday. The company has a market cap of $745.71, a price-to-earnings ratio of 23.28 and a beta of 2.04. Cellcom Israel Ltd. has a 52-week low of $7.31 and a 52-week high of $10.77. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.41 and a current ratio of 1.44.
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Cellcom Israel Profile
Cellcom Israel Ltd. is engaged in the provision of cellular telephone services. The Company offers fixed-line services. The Company operates in two segments: Cellular and Fixed-line. The cellular segment includes the cellular communications services, end user cellular equipment and supplemental services.
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