Cooper Haims Advisors LLC purchased a new stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 22,352 shares of the Wireless communications provider’s stock, valued at approximately $1,545,000.
Several other institutional investors have also recently made changes to their positions in the company. Appleton Partners Inc. MA lifted its holdings in T-Mobile Us by 10.1% in the fourth quarter. Appleton Partners Inc. MA now owns 14,185 shares of the Wireless communications provider’s stock valued at $902,000 after acquiring an additional 1,304 shares during the period. Verde Servicos Internacionais S.A. lifted its holdings in T-Mobile Us by 11.3% in the first quarter. Verde Servicos Internacionais S.A. now owns 54,426 shares of the Wireless communications provider’s stock valued at $3,760,000 after acquiring an additional 5,540 shares during the period. First Hawaiian Bank lifted its holdings in T-Mobile Us by 92.9% in the fourth quarter. First Hawaiian Bank now owns 26,929 shares of the Wireless communications provider’s stock valued at $1,713,000 after acquiring an additional 12,966 shares during the period. Highland Associates Inc. purchased a new stake in shares of T-Mobile Us in the fourth quarter valued at approximately $26,422,000. Finally, LMR Partners LLP purchased a new stake in shares of T-Mobile Us in the fourth quarter valued at approximately $231,000. Hedge funds and other institutional investors own 33.72% of the company’s stock.
Shares of TMUS traded down $0.80 during midday trading on Wednesday, reaching $76.35. 3,287,200 shares of the company were exchanged, compared to its average volume of 3,618,532. The stock has a market cap of $66.88 billion, a PE ratio of 22.72, a P/E/G ratio of 1.21 and a beta of 0.44. T-Mobile Us Inc has a 1-year low of $55.23 and a 1-year high of $80.93. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.66 and a quick ratio of 0.56.
T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $1.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.14. T-Mobile Us had a return on equity of 13.05% and a net margin of 7.11%. The company had revenue of $11.08 billion for the quarter, compared to analysts’ expectations of $11 billion. During the same quarter in the previous year, the firm posted $0.78 earnings per share. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. On average, research analysts anticipate that T-Mobile Us Inc will post 4.12 earnings per share for the current year.
In related news, COO G Michael Sievert sold 4,766 shares of the business’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $73.58, for a total value of $350,682.28. Following the transaction, the chief operating officer now owns 543,391 shares in the company, valued at $39,982,709.78. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.40% of the company’s stock.
Several analysts recently commented on TMUS shares. Zacks Investment Research upgraded T-Mobile Us from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a research report on Thursday, April 11th. Nomura raised their price target on T-Mobile Us from $72.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, April 26th. KeyCorp raised their price target on T-Mobile Us from $76.00 to $88.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Royal Bank of Canada reissued a “buy” rating and set a $76.00 price target on shares of T-Mobile Us in a research report on Thursday, February 7th. Finally, BidaskClub raised T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Three equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $80.15.
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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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