T-Mobile Us Inc (TMUS) Holdings Increased by Fmr LLC

Fmr LLC grew its stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 2.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 19,644,093 shares of the Wireless communications provider’s stock after acquiring an additional 462,053 shares during the period. Fmr LLC’s holdings in T-Mobile Us were worth $1,378,622,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Sheets Smith Wealth Management raised its holdings in shares of T-Mobile Us by 3.3% in 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. Cambridge Investment Research Advisors Inc. raised its holdings in shares of T-Mobile Us by 7.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 11,577 shares of the Wireless communications provider’s stock worth $812,000 after purchasing an additional 770 shares in the last quarter. US Bancorp DE raised its holdings in shares of T-Mobile Us by 11.9% during the third quarter. US Bancorp DE now owns 8,233 shares of the Wireless communications provider’s stock valued at $578,000 after acquiring an additional 878 shares during the period. Crossmark Global Holdings Inc. raised its holdings in shares of T-Mobile Us by 18.5% during the third quarter. Crossmark Global Holdings Inc. now owns 5,708 shares of the Wireless communications provider’s stock valued at $401,000 after acquiring an additional 890 shares during the period. Finally, Field & Main Bank raised its holdings in shares of T-Mobile Us by 6.4% during the second quarter. Field & Main Bank now owns 14,865 shares of the Wireless communications provider’s stock valued at $892,000 after acquiring an additional 900 shares during the period. Institutional investors own 32.64% of the company’s stock.

TMUS has been the topic of a number of research analyst reports. Barclays downgraded shares of T-Mobile Us to a “buy” rating in a research report on Tuesday, September 4th. BidaskClub raised shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Friday, September 28th. KeyCorp set a $76.00 price objective on shares of T-Mobile Us and gave the company a “buy” rating in a research report on Thursday, September 13th. Nomura reaffirmed a “neutral” rating and set a $68.00 price objective on shares of T-Mobile Us in a research report on Thursday, August 2nd. Finally, Zacks Investment Research downgraded shares of T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Thursday, October 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have given a buy rating and three have given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $73.13.

Shares of TMUS stock opened at $66.78 on Friday. T-Mobile Us Inc has a 52-week low of $55.09 and a 52-week high of $70.94. The firm has a market capitalization of $56.66 billion, a PE ratio of 29.16, a price-to-earnings-growth ratio of 2.21 and a beta of 0.39. The company has a quick ratio of 0.74, a current ratio of 0.85 and a debt-to-equity ratio of 1.20.

T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings data on Tuesday, October 30th. The Wireless communications provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.08. T-Mobile Us had a net margin of 11.63% and a return on equity of 11.44%. The company had revenue of $10.84 billion during the quarter, compared to analysts’ expectations of $10.73 billion. During the same quarter in the prior year, the company posted $0.63 EPS. The business’s revenue was up 8.2% on a year-over-year basis. As a group, equities research analysts forecast that T-Mobile Us Inc will post 3.33 earnings per share for the current year.

In other news, EVP David R. Carey sold 2,000 shares of the firm’s stock in a transaction dated Monday, October 1st. The shares were sold at an average price of $70.57, for a total value of $141,140.00. Following the transaction, the executive vice president now owns 204,851 shares of the company’s stock, valued at approximately $14,456,335.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO G Michael Sievert sold 10,192 shares of the firm’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $69.08, for a total transaction of $704,063.36. Following the completion of the transaction, the chief operating officer now directly owns 442,046 shares in the company, valued at approximately $30,536,537.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 94,814 shares of company stock worth $6,579,495. 0.37% of the stock is owned by insiders.

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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 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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Institutional Ownership by Quarter for T-Mobile Us (NASDAQ:TMUS)

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