Outlook Wealth Advisors LLC increased its holdings in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 5.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,647 shares of the Wireless communications provider’s stock after purchasing an additional 198 shares during the period. Outlook Wealth Advisors LLC’s holdings in T-Mobile Us were worth $287,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of T-Mobile Us by 17.5% during the 2nd quarter. BlackRock Inc. now owns 17,733,859 shares of the Wireless communications provider’s stock worth $1,314,789,000 after acquiring an additional 2,647,322 shares during the last quarter. Nuveen Asset Management LLC acquired a new position in T-Mobile Us in the 2nd quarter valued at $177,428,000. Invesco Ltd. grew its holdings in T-Mobile Us by 16.5% in the 2nd quarter. Invesco Ltd. now owns 9,195,199 shares of the Wireless communications provider’s stock valued at $681,731,000 after buying an additional 1,300,620 shares in the last quarter. D. E. Shaw & Co. Inc. grew its holdings in T-Mobile Us by 41.5% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,793,734 shares of the Wireless communications provider’s stock valued at $207,127,000 after buying an additional 819,065 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in shares of T-Mobile Us by 46.9% during the 2nd quarter. CIBC Private Wealth Group LLC now owns 2,533,527 shares of the Wireless communications provider’s stock valued at $187,837,000 after acquiring an additional 808,826 shares during the period. Hedge funds and other institutional investors own 33.04% of the company’s stock.
TMUS traded down $0.92 on Friday, reaching $80.94. The stock had a trading volume of 1,617,600 shares, compared to its average volume of 3,746,564. The company has a current ratio of 0.66, a quick ratio of 0.59 and a debt-to-equity ratio of 1.41. The firm has a 50-day moving average of $80.11 and a 200-day moving average of $77.60. T-Mobile Us Inc has a fifty-two week low of $59.96 and a fifty-two week high of $85.22. The company has a market capitalization of $69.70 billion, a price-to-earnings ratio of 24.09, a price-to-earnings-growth ratio of 1.48 and a beta of 0.41.
T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Monday, October 28th. The Wireless communications provider reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.05. T-Mobile Us had a return on equity of 14.21% and a net margin of 7.53%. The firm had revenue of $11.06 billion during the quarter, compared to analyst estimates of $11.33 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The company’s revenue was up 2.0% compared to the same quarter last year. Sell-side analysts anticipate that T-Mobile Us Inc will post 4.44 EPS for the current fiscal year.
TMUS has been the subject of a number of recent analyst reports. Wells Fargo & Co upped their target price on T-Mobile Us from $82.00 to $98.00 and gave the company a “positive” rating in a research report on Monday, July 29th. Sanford C. Bernstein initiated coverage on T-Mobile Us in a research report on Tuesday, October 15th. They set an “outperform” rating and a $103.00 target price for the company. SunTrust Banks upped their target price on T-Mobile Us to $95.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. Cowen cut their target price on T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating for the company in a research report on Tuesday, October 29th. Finally, Nomura upped their target price on T-Mobile Us from $76.00 to $88.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. Two research analysts have 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. T-Mobile Us has a consensus rating of “Buy” and a consensus target price of $91.54.
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 79.7 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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