VEON Ltd. (VEON): A Detailed Look at its Institutional Ownership

VEON Ltd. (NASDAQ:VEON) produced a 21.2% rally since recording the worst price of $2.17. Thanks to the latest 2.73% increase, it now trades at $2.63. Throughout the trading on 01/11/2019, the share price floated between $2.53 and $2.64. This company shares are 53.99% off its target price of $4.05 and the current market capitalization stands at $4.54B. The recent change has given its price a 0.94% lead over SMA 50 and -34.09% deficit over its 52-week high. The stock witnessed 5.62% gains, -6.07% declines and -13.77% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found VEON’s volatility during a week at 4.18% and during a month it has been found around 4.67%.

VEON Ltd. (VEON) Top Holders

Institutional investors currently hold around $572 million or 14.7% in VEON stock. Look at its top three institutional owners. Bnp Paribas Asset Management Holding S.A. owns $145.6 million in VEON Ltd., which represents roughly 3.21% of the company’s market cap and approximately 25.45% of the institutional ownership. Similar statistics are true for the second largest owner, Exor Investments (Uk) Llp, which owns 37,657,792 shares of the stock are valued at $99.04 million. The third largest holder is Morgan Stanley, which currently holds $57.55 million worth of this stock and that ownership represents nearly 1.27% of its market capitalization.

VEON Ltd. 13F Filings

At the end of September reporting period, 45 institutional holders increased their position in VEON Ltd. (NASDAQ:VEON) by some 23,958,006 shares, 43 decreased positions by 13,875,634 and 16 held positions by 179,578,728. That puts total institutional holdings at 217,412,368 shares, according to SEC filings. The stock grabbed 15 new institutional investments totaling 8,745,570 shares while 10 institutional investors sold out their entire positions totaling 3,487,235 shares.

VEON Ltd. (VEON) Analyst Guide

Several analysts have released their opinion on VEON Ltd. (NASDAQ:VEON), with 3 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 4 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.09 average brokerage recommendation.

As the normal trading session ended, the stock of Pareteum Corporation (NASDAQ:TEUM), fetched in a $0.08 spike to $2.23. The session began with the stock price at $2.18, hitting a high of $2.3 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2. Pareteum Corporation gets 0 buy analyst recommendations while 0 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -37.88% from its high $3.59, with their overall market value now roughly $210.4 million.

Pareteum Corporation (TEUM) Consensus Price Target

The mean recommendation of TEUM on Reuter’s scale remained unchanged from 2 to 2 within 30 days. This figure implies that the majority of analysts rate it as a buy. The price target for Pareteum Corporation (NASDAQ:TEUM) is now around $5.6 a share, implying the stock has what it takes to grow by 151.12%. The recent trading session also indicated the stock needs to add 236.32% more meet analysts’ high consensus price target.

Pareteum Corporation (NASDAQ:TEUM) Intraday Trading

The current trading volume of the company was 1834326 shares during the last session. That compares with the recent average volume of 1265780 shares. By the end of the regular trading session, the price volatility over a 1-week span was 5.79 while month stood 6.66%. The stock price of TEUM dropped to $2.17 during the day and at a certain time in 12 months it traded as low as $1.45. It has made a 53.79% recovery since its 52-week low point and has returned 31.95% year-to-date.