LGT Capital Partners LTD. grew its position in T-Mobile Us Inc (NASDAQ:TMUS) by 0.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 472,320 shares of the Wireless communications provider’s stock after buying an additional 3,190 shares during the period. T-Mobile Us makes up 2.5% of LGT Capital Partners LTD.’s portfolio, making the stock its 14th largest position. LGT Capital Partners LTD. owned approximately 0.06% of T-Mobile Us worth $30,044,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. CENTRAL TRUST Co grew its holdings in shares of T-Mobile Us by 10.6% in the 3rd quarter. CENTRAL TRUST Co now owns 51,954 shares of the Wireless communications provider’s stock valued at $3,646,000 after buying an additional 4,989 shares during the period. Northern Trust Corp grew its holdings in shares of T-Mobile Us by 2.5% in the 2nd quarter. Northern Trust Corp now owns 2,585,959 shares of the Wireless communications provider’s stock valued at $154,512,000 after buying an additional 62,311 shares during the period. Jefferies Group LLC lifted its position in T-Mobile Us by 131.6% in the 3rd quarter. Jefferies Group LLC now owns 42,323 shares of the Wireless communications provider’s stock valued at $2,970,000 after acquiring an additional 176,262 shares in the last quarter. Westpac Banking Corp lifted its position in T-Mobile Us by 4.4% in the 3rd quarter. Westpac Banking Corp now owns 24,493 shares of the Wireless communications provider’s stock valued at $1,719,000 after acquiring an additional 1,037 shares in the last quarter. Finally, PointState Capital LP lifted its position in T-Mobile Us by 71.4% in the 3rd quarter. PointState Capital LP now owns 224,400 shares of the Wireless communications provider’s stock valued at $15,748,000 after acquiring an additional 93,500 shares in the last quarter. 32.83% of the stock is owned by institutional investors.
NASDAQ:TMUS traded down $0.94 on Monday, hitting $68.06. 112,196 shares of the company’s stock were exchanged, compared to its average volume of 4,505,797. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.85 and a quick ratio of 0.74. T-Mobile Us Inc has a 52 week low of $55.09 and a 52 week high of $70.94. The stock has a market capitalization of $57.45 billion, a PE ratio of 29.72, a price-to-earnings-growth ratio of 2.86 and a beta of 0.42.
T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $10.84 billion for the quarter, compared to analysts’ expectations of $10.73 billion. During the same period in the previous year, the firm posted $0.63 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. On average, analysts anticipate that T-Mobile Us Inc will post 3.33 earnings per share for the current fiscal year.
Several research firms recently commented on TMUS. BidaskClub raised shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Friday, September 28th. Guggenheim boosted their price objective on shares of T-Mobile Us from $80.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, September 27th. HSBC set a $76.00 price objective on shares of T-Mobile Us and gave the company a “buy” rating in a research report on Monday. Nomura boosted their price objective on shares of T-Mobile Us from $68.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday, October 31st. Finally, Zacks Investment Research raised shares of T-Mobile Us from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a research report on Monday, October 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $74.62.
In other news, COO G Michael Sievert sold 10,192 shares of the company’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $69.08, for a total value of $704,063.36. Following the sale, the chief operating officer now directly owns 442,046 shares of the company’s stock, valued at approximately $30,536,537.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP David R. Carey sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $70.01, for a total transaction of $140,020.00. Following the completion of the sale, the executive vice president now directly owns 202,851 shares in the company, valued at $14,201,598.51. The disclosure for this sale can be found here. Insiders have sold a total of 62,192 shares of company stock worth $4,355,583 over the last three months. Insiders own 0.37% of the company’s stock.
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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 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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