Qiwi PLC (NASDAQ:QIWI) announced a dividend on Thursday, March 23rd. Investors of record on Monday, April 3rd will be given a dividend of 0.19 per share by the credit services provider on Thursday, April 6th. The ex-dividend date is Thursday, March 30th.
Qiwi PLC (NASDAQ:QIWI) traded up 0.4414% during midday trading on Friday, reaching $17.7279. 110,004 shares of the company traded hands. Qiwi PLC has a 12 month low of $10.42 and a 12 month high of $17.92. The firm has a 50 day moving average of $16.47 and a 200-day moving average of $14.15. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 13.4813 and a beta of 3.54.
A number of research analysts have issued reports on QIWI shares. Zacks Investment Research upgraded Qiwi PLC from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 25th. TheStreet upgraded Qiwi PLC from a “d+” rating to a “c-” rating in a research report on Wednesday, April 12th. Credit Suisse Group AG began coverage on Qiwi PLC in a report on Friday, April 7th. They set a “neutral” rating and a $18.00 price target on the stock. Finally, JPMorgan Chase & Co. upgraded Qiwi PLC from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $15.00 to $23.00 in a report on Monday, April 10th.
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An institutional investor recently raised its position in Qiwi PLC stock. State Street Corp boosted its stake in Qiwi PLC (NASDAQ:QIWI) by 8.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 46,495 shares of the credit services provider’s stock after buying an additional 3,681 shares during the period. State Street Corp owned about 0.08% of Qiwi PLC worth $594,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 41.87% of the company’s stock.
Qiwi PLC Company Profile
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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