China Mobile Ltd. (CHL) Holdings Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in China Mobile Ltd. (NYSE:CHL) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,144,288 shares of the Wireless communications provider’s stock after buying an additional 195,614 shares during the period. Dimensional Fund Advisors LP owned 0.10% of China Mobile worth $209,579,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in China Mobile by 26.4% in the 1st quarter. Vanguard Group Inc. now owns 139,011 shares of the Wireless communications provider’s stock worth $7,677,000 after purchasing an additional 29,022 shares during the period. Sei Investments Co. raised its holdings in China Mobile by 29.2% in the 2nd quarter. Sei Investments Co. now owns 137,219 shares of the Wireless communications provider’s stock worth $7,285,000 after purchasing an additional 31,032 shares during the period. TD Asset Management Inc. raised its holdings in China Mobile by 31.7% in the 2nd quarter. TD Asset Management Inc. now owns 33,246 shares of the Wireless communications provider’s stock worth $1,765,000 after purchasing an additional 7,996 shares during the period. Boston Partners raised its holdings in China Mobile by 702.2% in the 2nd quarter. Boston Partners now owns 47,274 shares of the Wireless communications provider’s stock worth $2,510,000 after purchasing an additional 41,381 shares during the period. Finally, First Trust Advisors LP raised its holdings in China Mobile by 35.5% in the 2nd quarter. First Trust Advisors LP now owns 191,085 shares of the Wireless communications provider’s stock worth $10,145,000 after purchasing an additional 50,033 shares during the period. Institutional investors and hedge funds own 2.00% of the company’s stock.

A number of research firms have commented on CHL. Zacks Investment Research raised China Mobile from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. ValuEngine raised China Mobile from a “hold” rating to a “buy” rating in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. China Mobile has an average rating of “Hold” and a consensus price target of $57.00.

China Mobile Ltd. (CHL) traded up $0.22 on Tuesday, reaching $50.76. The company had a trading volume of 615,426 shares, compared to its average volume of 593,900. The stock has a market capitalization of $208,600.00, a price-to-earnings ratio of 12.20, a P/E/G ratio of 2.85 and a beta of 0.31. China Mobile Ltd. has a 12 month low of $48.70 and a 12 month high of $58.83.

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China Mobile Profile

China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local calls, domestic and international long distance calls, roaming services and voice value-added services.

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

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