Cavalry Management Group LLC cut its stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 340,915 shares of the Wireless communications provider’s stock after selling 4,856 shares during the period. T-Mobile Us comprises approximately 5.0% of Cavalry Management Group LLC’s investment portfolio, making the stock its 11th biggest position. Cavalry Management Group LLC’s holdings in T-Mobile Us were worth $21,680,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. CWM LLC grew its stake in shares of T-Mobile Us by 440.3% in the fourth quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 317 shares during the last quarter. PRW Wealth Management LLC bought a new stake in shares of T-Mobile Us in the fourth quarter worth $34,000. Semmax Financial Advisors Inc. bought a new stake in shares of T-Mobile Us in the fourth quarter worth $37,000. Rehmann Capital Advisory Group boosted its position in T-Mobile Us by 54.8% during the fourth quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock valued at $41,000 after acquiring an additional 227 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new stake in T-Mobile Us during the fourth quarter valued at $57,000. Institutional investors own 32.88% of the company’s stock.
In other news, COO G Michael Sievert sold 10,228 shares of the company’s stock in a transaction dated Tuesday, January 15th. The shares were sold at an average price of $67.90, for a total transaction of $694,481.20. Following the transaction, the chief operating officer now owns 431,890 shares in the company, valued at $29,325,331. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Elizabeth A. Mcauliffe sold 2,250 shares of the company’s stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $69.52, for a total transaction of $156,420.00. The disclosure for this sale can be found here. Insiders have sold 55,478 shares of company stock worth $3,891,431 in the last quarter. Company insiders own 0.37% of the company’s stock.
A number of brokerages have commented on TMUS. HSBC set a $80.00 price target on shares of T-Mobile Us and gave the company a “buy” rating in a research report on Friday, March 8th. BidaskClub cut shares of T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Argus reaffirmed a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, February 19th. Royal Bank of Canada reaffirmed a “buy” rating and set a $76.00 price target on shares of T-Mobile Us in a research report on Thursday, February 7th. Finally, BTIG Research upped their price target on shares of T-Mobile Us to $91.00 and gave the company a “buy” rating in a research report on Friday, January 18th. Four equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $78.57.
Shares of NASDAQ TMUS opened at $73.46 on Friday. T-Mobile Us Inc has a 1-year low of $55.09 and a 1-year high of $74.06. The stock has a market cap of $61.43 billion, a PE ratio of 21.86, a P/E/G ratio of 3.01 and a beta of 0.44. The company has a current ratio of 0.81, a quick ratio of 0.70 and a debt-to-equity ratio of 1.18.
T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings data 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 net margin of 6.67% and a return on equity of 12.12%. The firm had revenue of $11.45 billion for the quarter, compared to analyst estimates of $11.38 billion. During the same quarter in the prior year, the business earned $3.11 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. Equities analysts anticipate that T-Mobile Us Inc will post 3.98 EPS for the current 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 79.7 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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