Nissay Asset Management Corp Japan ADV trimmed its position in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 5.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,810 shares of the Wireless communications provider’s stock after selling 2,544 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in T-Mobile Us were worth $2,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in T-Mobile Us in the 4th quarter worth $627,109,000. FMR LLC raised its holdings in T-Mobile Us by 11.3% during the fourth quarter. FMR LLC now owns 21,871,216 shares of the Wireless communications provider’s stock valued at $1,391,228,000 after acquiring an additional 2,227,123 shares during the period. Findlay Park Partners LLP bought a new stake in T-Mobile Us during the fourth quarter valued at about $82,537,000. Samlyn Capital LLC raised its holdings in T-Mobile Us by 94.8% during the fourth quarter. Samlyn Capital LLC now owns 2,039,228 shares of the Wireless communications provider’s stock valued at $129,716,000 after acquiring an additional 992,224 shares during the period. Finally, Westfield Capital Management Co. LP bought a new stake in T-Mobile Us during the fourth quarter valued at about $62,401,000. 33.72% of the stock is currently owned by hedge funds and other institutional investors.
TMUS has been the topic of a number of recent analyst reports. BidaskClub raised T-Mobile Us from a “hold” rating to a “buy” rating in a report on Wednesday, May 8th. Argus reissued a “buy” rating on shares of T-Mobile Us in a report on Tuesday, February 19th. Royal Bank of Canada reissued a “buy” rating and set a $76.00 price target on shares of T-Mobile Us in a report on Thursday, February 7th. 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. Finally, Zacks Investment Research raised T-Mobile Us from a “hold” rating to a “buy” rating and set a $80.00 price target on the stock in a report on Thursday, April 11th. Three research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. T-Mobile Us has an average rating of “Buy” and a consensus price target of $80.15.
Shares of T-Mobile Us stock opened at $73.60 on Thursday. The stock has a market cap of $62.72 billion, a PE ratio of 21.90, a PEG ratio of 1.18 and a beta of 0.44. The company has a quick ratio of 0.56, a current ratio of 0.66 and a debt-to-equity ratio of 1.04. T-Mobile Us Inc has a twelve month low of $55.23 and a twelve month high of $75.32.
T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $1.06 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.14. The firm had revenue of $11.08 billion during the quarter, compared to analyst estimates of $11 billion. T-Mobile Us had a return on equity of 13.05% and a net margin of 7.11%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.78 earnings per share. Analysts anticipate that T-Mobile Us Inc will post 4.12 earnings per share for the current fiscal year.
In other news, COO G Michael Sievert sold 4,766 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $73.58, for a total transaction of $350,682.28. Following the completion of the transaction, the chief operating officer now owns 543,391 shares in the company, valued at $39,982,709.78. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Thomas Christopher Keys sold 43,000 shares of the firm’s stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $70.71, for a total value of $3,040,530.00. Following the transaction, the insider now owns 248,883 shares of the company’s stock, valued at approximately $17,598,516.93. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.
T-Mobile Us Company 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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