Harbor Advisors LLC held its stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,932 shares of the Wireless communications provider’s stock at the end of the first quarter. Harbor Advisors LLC’s holdings in T-Mobile US were worth $642,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Fifth Third Bancorp boosted its position in T-Mobile US by 64.8% in the first quarter. Fifth Third Bancorp now owns 1,730 shares of the Wireless communications provider’s stock worth $112,000 after buying an additional 680 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in T-Mobile US by 62.5% in the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,950 shares of the Wireless communications provider’s stock worth $126,000 after buying an additional 750 shares during the last quarter. NEXT Financial Group Inc boosted its position in T-Mobile US by 233.3% in the first quarter. NEXT Financial Group Inc now owns 2,000 shares of the Wireless communications provider’s stock worth $135,000 after buying an additional 1,400 shares during the last quarter. Elkfork Partners LLC purchased a new position in T-Mobile US during the fourth quarter worth about $172,000. Finally, Toronto Dominion Bank boosted its position in T-Mobile US by 26.5% in the first quarter. Toronto Dominion Bank now owns 3,156 shares of the Wireless communications provider’s stock worth $204,000 after buying an additional 661 shares during the last quarter. 36.68% of the stock is owned by institutional investors and hedge funds.
Shares of T-Mobile US, Inc. (NASDAQ:TMUS) traded down 0.74% during mid-day trading on Friday, reaching $63.13. 7,437,717 shares of the company’s stock were exchanged. T-Mobile US, Inc. has a one year low of $40.50 and a one year high of $68.88. The company’s 50-day moving average price is $66.22 and its 200-day moving average price is $62.25. The company has a market capitalization of $52.45 billion, a PE ratio of 32.42 and a beta of 0.43.
T-Mobile US (NASDAQ:TMUS) last released its earnings results on Monday, April 24th. The Wireless communications provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.46. T-Mobile US had a net margin of 4.39% and a return on equity of 6.96%. The company had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $9.63 billion. During the same period last year, the business earned $0.56 EPS. T-Mobile US’s revenue for the quarter was up 11.0% on a year-over-year basis. On average, equities analysts expect that T-Mobile US, Inc. will post $2.05 earnings per share for the current year.
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TMUS has been the topic of several research analyst reports. SunTrust Banks, Inc. initiated coverage on shares of T-Mobile US in a research report on Tuesday, April 18th. They set a “buy” rating and a $76.00 price target on the stock. Argus reiterated a “buy” rating and set a $70.00 price target on shares of T-Mobile US in a research report on Wednesday, February 22nd. Jefferies Group LLC reiterated a “buy” rating and set a $71.00 price target on shares of T-Mobile US in a research report on Tuesday, February 21st. Evercore ISI reiterated a “buy” rating and set a $72.00 price target on shares of T-Mobile US in a research report on Thursday, February 16th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $68.00 price target on shares of T-Mobile US in a research report on Saturday, March 11th. Eleven equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $66.86.
In other T-Mobile US news, insider Thomas Christopher Keys sold 100,000 shares of T-Mobile US stock in a transaction that occurred on Friday, March 24th. The shares were sold at an average price of $64.17, for a total transaction of $6,417,000.00. Following the completion of the sale, the insider now directly owns 372,718 shares in the company, valued at approximately $23,917,314.06. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.29% of the company’s stock.
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