Linden Thomas Advisory Services LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 51.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,739 shares of the Wireless communications provider’s stock after buying an additional 1,616 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in T-Mobile US were worth $686,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of TMUS. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of T-Mobile US by 21.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock valued at $129,888,000 after buying an additional 180,468 shares in the last quarter. Sei Investments Co. grew its stake in shares of T-Mobile US by 50.6% in the first quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock valued at $29,603,000 after buying an additional 77,518 shares in the last quarter. Prudential PLC acquired a new stake in shares of T-Mobile US in the first quarter valued at about $1,649,000. Cetera Investment Advisers grew its stake in shares of T-Mobile US by 12.2% in the first quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock valued at $3,031,000 after buying an additional 2,574 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of T-Mobile US by 105.7% in the first quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock valued at $487,000 after buying an additional 1,951 shares in the last quarter. Institutional investors and hedge funds own 46.18% of the company’s stock.
Insider Transactions at T-Mobile US
In other news, EVP Deeanne King sold 13,222 shares of the stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $143.02, for a total transaction of $1,891,010.44. Following the sale, the executive vice president now directly owns 57,625 shares in the company, valued at approximately $8,241,527.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Raul Marcelo Claure sold 192,600 shares of the firm’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $130.01, for a total value of $25,039,926.00. Following the sale, the director now directly owns 1,844,088 shares in the company, valued at approximately $239,749,880.88. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Deeanne King sold 13,222 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $143.02, for a total value of $1,891,010.44. Following the completion of the sale, the executive vice president now owns 57,625 shares in the company, valued at $8,241,527.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 229,322 shares of company stock worth $30,280,391. 0.70% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
T-Mobile US Stock Down 0.1 %
Shares of T-Mobile US stock opened at $138.97 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 1.12. The business’s 50 day simple moving average is $136.89 and its 200-day simple moving average is $142.35. The stock has a market capitalization of $166.75 billion, a price-to-earnings ratio of 45.27, a PEG ratio of 0.64 and a beta of 0.56. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $154.38.
T-Mobile US (NASDAQ:TMUS – Free Report) last announced its quarterly earnings results on Thursday, April 27th. The Wireless communications provider reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.10. The business had revenue of $19.63 billion for the quarter, compared to analysts’ expectations of $19.82 billion. T-Mobile US had a return on equity of 8.27% and a net margin of 4.83%. The business’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 7 earnings per share for the current year.
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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; leasing through JUMP! On Demand; and High Speed Internet services.
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