Gabelli Funds LLC Buys 10,000 Shares of VEON Ltd. (NASDAQ:VEON)

Gabelli Funds LLC boosted its stake in shares of VEON Ltd. (NASDAQ:VEONFree Report) by 10.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 109,040 shares of the Wireless communications provider’s stock after acquiring an additional 10,000 shares during the period. Gabelli Funds LLC owned 0.16% of VEON worth $2,148,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of VEON. Barclays PLC boosted its stake in VEON by 37.0% during the third quarter. Barclays PLC now owns 5,920 shares of the Wireless communications provider’s stock valued at $115,000 after buying an additional 1,600 shares during the last quarter. National Bank of Canada FI purchased a new position in shares of VEON in the fourth quarter valued at $50,000. Monaco Asset Management SAM grew its holdings in shares of VEON by 138.0% in the fourth quarter. Monaco Asset Management SAM now owns 23,800 shares of the Wireless communications provider’s stock valued at $469,000 after purchasing an additional 13,800 shares in the last quarter. Helikon Investments Ltd increased its holdings in shares of VEON by 88.4% in the 4th quarter. Helikon Investments Ltd now owns 1,942,015 shares of the Wireless communications provider’s stock worth $38,258,000 after buying an additional 910,948 shares during the last quarter. Finally, Shah Capital Management bought a new stake in VEON during the fourth quarter worth approximately $97,544,000. 21.30% of the stock is currently owned by institutional investors.

VEON Trading Down 0.2 %

VEON stock opened at $26.94 on Monday. VEON Ltd. has a 12-month low of $14.50 and a 12-month high of $27.90. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a 50-day moving average price of $24.70 and a 200-day moving average price of $22.65.

Wall Street Analyst Weigh In

Separately, upgraded VEON from a “hold” rating to a “buy” rating in a report on Saturday.

View Our Latest Stock Report on VEON

VEON Company Profile

(Free Report)

VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology.

Further Reading

Want to see what other hedge funds are holding VEON? Visit to get the latest 13F filings and insider trades for VEON Ltd. (NASDAQ:VEONFree Report).

Institutional Ownership by Quarter for VEON (NASDAQ:VEON)

Receive News & Ratings for VEON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VEON and related companies with's FREE daily email newsletter.