Millicom International Cellular S.A. (NASDAQ:TIGO) Shares Bought by LWM Advisory Services LLC

LWM Advisory Services LLC grew its holdings in shares of Millicom International Cellular S.A. (NASDAQ:TIGO) by 152.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 29,422 shares of the technology company’s stock after acquiring an additional 17,779 shares during the quarter. LWM Advisory Services LLC’s holdings in Millicom International Cellular were worth $530,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in shares of Millicom International Cellular by 1.7% in the third quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 93,292 shares of the technology company’s stock valued at $1,441,000 after buying an additional 1,550 shares during the period. Operose Advisors LLC purchased a new stake in shares of Millicom International Cellular during the third quarter valued at $29,000. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Millicom International Cellular by 15.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 15,255 shares of the technology company’s stock valued at $236,000 after purchasing an additional 2,092 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of Millicom International Cellular by 0.3% during the third quarter. Gamco Investors INC. ET AL now owns 1,066,287 shares of the technology company’s stock valued at $16,474,000 after purchasing an additional 2,805 shares during the last quarter. Finally, Morningstar Investment Services LLC lifted its holdings in shares of Millicom International Cellular by 2.6% during the third quarter. Morningstar Investment Services LLC now owns 119,943 shares of the technology company’s stock valued at $1,847,000 after purchasing an additional 2,991 shares during the last quarter.

Wall Street Analyst Weigh In

TIGO has been the topic of several analyst reports. Scotiabank lifted their target price on shares of Millicom International Cellular from $18.00 to $26.10 and gave the stock a “sector outperform” rating in a research report on Wednesday, February 28th. Morgan Stanley upgraded shares of Millicom International Cellular from an “equal weight” rating to an “overweight” rating in a research report on Friday, January 5th. New Street Research upgraded Millicom International Cellular from a “neutral” rating to a “buy” rating and increased their target price for the company from $20.00 to $24.00 in a report on Thursday, February 29th. HSBC lifted their price target on Millicom International Cellular from $22.50 to $24.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Finally, JPMorgan Chase & Co. raised Millicom International Cellular from a “neutral” rating to an “overweight” rating in a research note on Thursday, March 28th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $24.70.

Millicom International Cellular Trading Up 1.7 %

Millicom International Cellular stock traded up $0.35 during trading hours on Monday, hitting $20.50. The company had a trading volume of 102,463 shares, compared to its average volume of 80,839. The firm’s fifty day moving average is $19.01 and its 200-day moving average is $17.60. Millicom International Cellular S.A. has a fifty-two week low of $14.46 and a fifty-two week high of $20.81. The company has a quick ratio of 0.80, a current ratio of 0.82 and a debt-to-equity ratio of 1.88.

Millicom International Cellular (NASDAQ:TIGO) last announced its quarterly earnings data on Tuesday, February 27th. The technology company reported ($0.36) earnings per share (EPS) for the quarter. The firm had revenue of $1.48 billion for the quarter. Millicom International Cellular had a negative return on equity of 2.41% and a negative net margin of 1.45%.

Millicom International Cellular Profile

Millicom International Cellular SA provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.