San Francisco Sentry Investment Group CA Has $136,000 Stake in China Mobile Ltd. (NYSE:CHL)

San Francisco Sentry Investment Group CA trimmed its position in China Mobile Ltd. (NYSE:CHL) by 17.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,279 shares of the Wireless communications provider’s stock after selling 670 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in China Mobile were worth $136,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Capital Fund Management S.A. grew its position in China Mobile by 83.4% in the second quarter. Capital Fund Management S.A. now owns 82,241 shares of the Wireless communications provider’s stock valued at $3,725,000 after acquiring an additional 37,400 shares during the period. AMG National Trust Bank bought a new stake in China Mobile in the second quarter valued at $2,075,000. Stonebridge Capital Advisors LLC bought a new stake in China Mobile in the second quarter valued at $50,000. First Trust Advisors LP grew its position in China Mobile by 19.5% in the second quarter. First Trust Advisors LP now owns 461,548 shares of the Wireless communications provider’s stock valued at $20,904,000 after acquiring an additional 75,245 shares during the period. Finally, Steward Partners Investment Advisory LLC bought a new stake in China Mobile in the second quarter valued at $102,000. Institutional investors and hedge funds own 1.96% of the company’s stock.

Shares of CHL stock traded down $0.08 during trading hours on Friday, hitting $42.06. 2,559,428 shares of the company’s stock were exchanged, compared to its average volume of 882,658. The stock’s 50-day moving average is $41.72 and its 200-day moving average is $44.34. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.11 and a quick ratio of 1.09. China Mobile Ltd. has a 52 week low of $39.77 and a 52 week high of $55.84.

The firm also recently announced a — dividend, which was paid on Monday, October 7th. Stockholders of record on Thursday, August 29th were issued a dividend of $0.9732 per share. This represents a dividend yield of 4.1%. The ex-dividend date was Wednesday, August 28th. China Mobile’s payout ratio is presently 42.07%.

CHL has been the topic of a number of analyst reports. Zacks Investment Research upgraded China Mobile from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. ValuEngine upgraded China Mobile from a “sell” rating to a “hold” rating in a research report on Monday, October 7th. Mizuho upgraded China Mobile from an “underperform” rating to a “neutral” rating in a research report on Thursday, August 8th. JPMorgan Chase & Co. cut China Mobile from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 8th. Finally, Sanford C. Bernstein upgraded China Mobile from a “market perform” rating to an “outperform” rating in a research report on Thursday, August 15th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $53.22.

About China Mobile

China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others.

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Institutional Ownership by Quarter for China Mobile (NYSE:CHL)

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