Farmers & Merchants Trust Co of Chambersburg PA increased its stake in T-Mobile Us Inc (NASDAQ:TMUS) by 10.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,100 shares of the Wireless communications provider’s stock after buying an additional 1,660 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in T-Mobile Us were worth $1,251,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in TMUS. CWM LLC grew its position in T-Mobile Us by 440.3% during the 4th 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. Financial Advocates Investment Management boosted its stake in T-Mobile Us by 42.0% during the fourth quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 160 shares during the period. PRW Wealth Management LLC purchased a new position in T-Mobile Us during the fourth quarter worth about $34,000. Semmax Financial Advisors Inc. purchased a new position in T-Mobile Us during the fourth quarter worth about $37,000. Finally, Rehmann Capital Advisory Group boosted its stake 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 worth $41,000 after buying an additional 227 shares during the period. 33.96% of the stock is owned by institutional investors.
In other T-Mobile Us news, insider Thomas Christopher Keys sold 43,000 shares of the company’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $70.71, for a total value of $3,040,530.00. Following the sale, the insider now directly owns 248,883 shares in the company, valued at $17,598,516.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Elizabeth A. Mcauliffe sold 2,250 shares of the company’s stock in a transaction on Thursday, January 31st. The shares were sold at an average price of $69.52, for a total value of $156,420.00. The disclosure for this sale can be found here. Insiders sold 60,244 shares of company stock worth $4,242,113 over the last quarter. Company insiders own 0.37% of the company’s stock.
Several brokerages have weighed in on TMUS. Zacks Investment Research raised shares of T-Mobile Us from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a research note on Thursday. BidaskClub lowered T-Mobile Us from a “buy” rating to a “hold” rating in a report on Wednesday, March 6th. Raymond James reaffirmed a “strong-buy” rating and set a $85.00 target price on shares of T-Mobile Us in a report on Wednesday, December 19th. Argus reaffirmed a “buy” rating on shares of T-Mobile Us in a report on Tuesday, February 19th. Finally, UBS Group reaffirmed a “buy” rating and set a $80.00 target price on shares of T-Mobile Us in a report on Wednesday, January 16th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $79.21.
NASDAQ:TMUS traded down $0.17 during mid-day trading on Monday, reaching $73.54. 41,878 shares of the stock were exchanged, compared to its average volume of 3,439,797. The firm has a market cap of $62.70 billion, a P/E ratio of 21.87, a PEG ratio of 1.24 and a beta of 0.43. T-Mobile Us Inc has a 1-year low of $55.09 and a 1-year high of $74.06. The company has a quick ratio of 0.70, a current ratio of 0.81 and a debt-to-equity ratio of 1.18.
T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 earnings per share for the quarter, topping the Zacks’ 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 business posted $3.11 EPS. T-Mobile Us’s revenue was up 6.4% on a year-over-year basis. Sell-side analysts expect that T-Mobile Us Inc will post 3.97 EPS for the current year.
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.
Recommended Story: Liquidity
Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile Us Inc (NASDAQ:TMUS).
Receive News & Ratings for T-Mobile Us Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile Us and related companies with MarketBeat.com's FREE daily email newsletter.