Brandes Investment Partners Reduces $146M in Millicom International Cellular S.A. ($TIGO)

Key Points

  • Brandes Investment Partners changed its Millicom International Cellular S.A. ($TIGO) stake by 32.57% last quarter, cutting to 3,261,016 shares worth $302.57 million.
  • Wall Street's consensus rating on $TIGO is Hold and an average price target of $98.39.
  • $TIGO last traded around $92.78.

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Brandes Investment Partners reduced its position in Millicom International Cellular S.A. ($TIGO) by 32.57% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,261,016 shares of Millicom International Cellular S.A. after selling 1,575,489 shares during the quarter. Brandes Investment Partners's holdings in Millicom International Cellular S.A. were worth $302.57 million as of its most recent filing.

Millicom International Cellular S.A. Stock Down 0.6%

Shares of Millicom International Cellular S.A. ($TIGO) traded around $92.78 on Saturday, down 0.6% for the day.

Last price$92.78
Market cap$15.72B
P/E ratio23.32
Forward P/E13.72
PEG ratio0.53
Beta0.90
52-week low$44.88
52-week high$107.13
50-day MA$93.75
200-day MA$75.26
Current ratio0.54
Quick ratio0.43
Debt-to-equity4.85

Millicom International Cellular S.A. Earnings

EPS (ttm)$4.02
Revenue (ttm)$7.25B
Revenue growth59.40%
Net margin9.18%
Return on equity21.73%
Next earningsNov 5, 2026

Millicom International Cellular S.A. Dividend

Annual dividend$3
Dividend yield321%
Payout ratio74.92%
Ex-dividend dateOct 8, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$98.39
High target$132
Low target$60.10
Analysts covering8

About Millicom International Cellular S.A.

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company 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. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg, Luxembourg.

ExchangeNasdaqGS
SectorCommunication Services
IndustryTelecom Services
HeadquartersLuxembourg, Luxembourg
CEOMr. Marcelo Benitez
Employees14,250

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