Personal Capital Advisors Corp increased its holdings in shares of T-Mobile US Inc (NASDAQ:TMUS) by 28.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 277,627 shares of the Wireless communications provider’s stock after buying an additional 62,037 shares during the period. Personal Capital Advisors Corp’s holdings in T-Mobile US were worth $17,632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Harbor Advisors LLC lifted its position in shares of T-Mobile US by 81.2% during the 3rd quarter. Harbor Advisors LLC now owns 18,000 shares of the Wireless communications provider’s stock valued at $1,110,000 after buying an additional 8,068 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of T-Mobile US by 4.7% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 51,484 shares of the Wireless communications provider’s stock valued at $3,175,000 after buying an additional 2,296 shares in the last quarter. Northpointe Capital LLC lifted its position in shares of T-Mobile US by 34.2% during the 3rd quarter. Northpointe Capital LLC now owns 57,837 shares of the Wireless communications provider’s stock valued at $3,566,000 after buying an additional 14,726 shares in the last quarter. Dana Investment Advisors Inc. lifted its position in shares of T-Mobile US by 0.8% during the 3rd quarter. Dana Investment Advisors Inc. now owns 299,119 shares of the Wireless communications provider’s stock valued at $18,444,000 after buying an additional 2,460 shares in the last quarter. Finally, Parametrica Management Ltd purchased a new position in shares of T-Mobile US during the 3rd quarter valued at approximately $536,000. Hedge funds and other institutional investors own 35.05% of the company’s stock.
In other news, CFO J Braxton Carter II sold 15,000 shares of the stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $65.96, for a total transaction of $989,400.00. Following the completion of the transaction, the chief financial officer now directly owns 199,788 shares in the company, valued at approximately $13,178,016.48. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Peter A. Ewens sold 10,000 shares of the stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $62.95, for a total value of $629,500.00. Following the transaction, the executive vice president now owns 166,434 shares of the company’s stock, valued at $10,477,020.30. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 73,620 shares of company stock valued at $4,708,192. Company insiders own 0.29% of the company’s stock.
A number of research analysts have recently issued reports on the company. Jefferies Group reiterated a “top pick” rating and set a $62.78 target price (down previously from $72.00) on shares of T-Mobile US in a research report on Tuesday, November 28th. Morgan Stanley increased their price objective on T-Mobile US from $72.00 to $74.00 and gave the company an “overweight” rating in a research note on Wednesday, December 13th. BidaskClub downgraded T-Mobile US from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Bank of America increased their price objective on T-Mobile US from $40.00 to $45.00 and gave the company an “underperform” rating in a research note on Friday. Finally, Macquarie reissued a “hold” rating and issued a $68.00 price objective on shares of T-Mobile US in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty have given a buy rating and four have issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $70.06.
T-Mobile US Inc (NASDAQ:TMUS) traded up $0.32 during midday trading on Friday, hitting $59.20. The stock had a trading volume of 5,150,000 shares, compared to its average volume of 3,520,000. The stock has a market cap of $50,580.00, a PE ratio of 11.38, a PEG ratio of 0.79 and a beta of 0.30. The company has a current ratio of 0.92, a quick ratio of 0.80 and a debt-to-equity ratio of 1.50. T-Mobile US Inc has a fifty-two week low of $54.60 and a fifty-two week high of $68.88.
T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.11. The business had revenue of $10.76 billion during the quarter, compared to analysts’ expectations of $10.84 billion. T-Mobile US had a return on equity of 9.96% and a net margin of 11.19%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 EPS. analysts expect that T-Mobile US Inc will post 3.05 EPS for the current fiscal year.
T-Mobile US declared that its Board of Directors has approved a share repurchase plan on Wednesday, December 6th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the Wireless communications provider to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.
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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 U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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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