Global Financial Private Capital LLC raised its holdings in T-Mobile Us Inc (NASDAQ:TMUS) by 53.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 43,181 shares of the Wireless communications provider’s stock after acquiring an additional 15,024 shares during the period. Global Financial Private Capital LLC’s holdings in T-Mobile Us were worth $2,747,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Sheets Smith Wealth Management lifted its holdings in T-Mobile Us by 3.3% during the 3rd quarter. Sheets Smith Wealth Management now owns 23,528 shares of the Wireless communications provider’s stock worth $1,651,000 after purchasing an additional 762 shares in the last quarter. BB&T Corp lifted its holdings in T-Mobile Us by 5.9% during the 3rd quarter. BB&T Corp now owns 48,864 shares of the Wireless communications provider’s stock worth $3,429,000 after purchasing an additional 2,743 shares in the last quarter. Highland Capital Management LLC lifted its holdings in T-Mobile Us by 136.7% during the 3rd quarter. Highland Capital Management LLC now owns 12,782 shares of the Wireless communications provider’s stock worth $897,000 after purchasing an additional 7,383 shares in the last quarter. Aperio Group LLC lifted its holdings in T-Mobile Us by 5.3% during the 3rd quarter. Aperio Group LLC now owns 134,999 shares of the Wireless communications provider’s stock worth $9,474,000 after purchasing an additional 6,775 shares in the last quarter. Finally, Oakbrook Investments LLC purchased a new stake in T-Mobile Us during the 3rd quarter worth about $204,000. Institutional investors own 32.91% of the company’s stock.
In other T-Mobile Us news, COO G Michael Sievert sold 10,228 shares of the firm’s stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $67.90, for a total value of $694,481.20. Following the sale, the chief operating officer now owns 431,890 shares of the company’s stock, valued at approximately $29,325,331. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.37% of the company’s stock.
A number of brokerages recently issued reports on TMUS. Macquarie reissued a “buy” rating on shares of T-Mobile Us in a report on Wednesday, November 21st. BidaskClub raised T-Mobile Us from a “hold” rating to a “buy” rating in a report on Thursday, December 20th. Guggenheim started coverage on T-Mobile Us in a report on Thursday, November 1st. They set a “buy” rating on the stock. UBS Group reaffirmed a “buy” rating on shares of T-Mobile Us in a report on Tuesday, January 8th. Finally, BTIG Research raised their price target on T-Mobile Us to $91.00 and gave the company a “buy” rating in a report on Friday, January 18th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. T-Mobile Us has an average rating of “Buy” and a consensus price target of $78.29.
NASDAQ:TMUS opened at $68.44 on Tuesday. T-Mobile Us Inc has a twelve month low of $55.09 and a twelve month high of $70.94. The stock has a market capitalization of $58.06 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 2.89 and a beta of 0.42. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.70 and a current ratio of 0.81.
T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.06. T-Mobile Us had a return on equity of 12.12% and a net margin of 6.67%. The firm had revenue of $11.45 billion for the quarter, compared to analysts’ expectations of $11.38 billion. During the same quarter last year, the firm posted $3.11 EPS. The company’s revenue was up 6.4% compared to the same quarter last year. As a group, research analysts expect that T-Mobile Us Inc will post 3.95 earnings per share for the current fiscal year.
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T-Mobile Us Profile
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 72.6 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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