Cetera Advisors LLC Decreases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Cetera Advisors LLC trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUSGet Rating) by 84.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,401 shares of the Wireless communications provider’s stock after selling 18,549 shares during the quarter. Cetera Advisors LLC’s holdings in T-Mobile US were worth $436,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Glassman Wealth Services boosted its stake in T-Mobile US by 19.8% during the first quarter. Glassman Wealth Services now owns 479 shares of the Wireless communications provider’s stock worth $61,000 after buying an additional 79 shares during the last quarter. Koshinski Asset Management Inc. boosted its position in shares of T-Mobile US by 48.5% during the 1st quarter. Koshinski Asset Management Inc. now owns 245 shares of the Wireless communications provider’s stock worth $31,000 after acquiring an additional 80 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of T-Mobile US by 17.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 564 shares of the Wireless communications provider’s stock worth $65,000 after acquiring an additional 85 shares in the last quarter. First Bank & Trust boosted its position in shares of T-Mobile US by 13.6% during the 1st quarter. First Bank & Trust now owns 733 shares of the Wireless communications provider’s stock worth $94,000 after acquiring an additional 88 shares in the last quarter. Finally, KC Investment Advisors LLC boosted its position in shares of T-Mobile US by 1.3% in the 4th quarter. KC Investment Advisors LLC now owns 7,302 shares of the Wireless communications provider’s stock valued at $847,000 after purchasing an additional 91 shares during the period. 45.24% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $141.98 on Monday. The company’s fifty day moving average price is $140.23 and its 200-day moving average price is $132.37. The company has a current ratio of 0.85, a quick ratio of 0.74 and a debt-to-equity ratio of 1.05. The stock has a market cap of $178.05 billion, a PE ratio of 103.64, a price-to-earnings-growth ratio of 2.28 and a beta of 0.48. T-Mobile US, Inc. has a 12 month low of $101.51 and a 12 month high of $148.04.

T-Mobile US (NASDAQ:TMUSGet Rating) last announced its quarterly earnings data on Wednesday, July 27th. The Wireless communications provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $1.02. The company had revenue of $19.70 billion during the quarter, compared to the consensus estimate of $20.08 billion. T-Mobile US had a return on equity of 6.59% and a net margin of 2.14%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.78 EPS. On average, equities analysts expect that T-Mobile US, Inc. will post 2.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on TMUS. Morgan Stanley upped their price objective on T-Mobile US from $155.00 to $159.00 and gave the company an “overweight” rating in a research note on Thursday, July 28th. KeyCorp increased their target price on T-Mobile US from $155.00 to $161.00 and gave the company an “overweight” rating in a report on Monday, July 11th. JPMorgan Chase & Co. set a $180.00 price objective on T-Mobile US in a report on Wednesday, June 1st. Deutsche Bank Aktiengesellschaft increased their target price on T-Mobile US from $185.00 to $190.00 in a research report on Tuesday, July 19th. Finally, Citigroup raised their price objective on T-Mobile US from $156.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average price target of $169.09.

Insider Transactions at T-Mobile US

In other T-Mobile US news, CAO Dara Bazzano sold 1,902 shares of the stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $143.94, for a total value of $273,773.88. Following the completion of the sale, the chief accounting officer now directly owns 11,251 shares in the company, valued at $1,619,468.94. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $145.00, for a total value of $145,000.00. Following the sale, the director now owns 4,980 shares in the company, valued at approximately $722,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Dara Bazzano sold 1,902 shares of the company’s stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $143.94, for a total value of $273,773.88. Following the sale, the chief accounting officer now owns 11,251 shares in the company, valued at approximately $1,619,468.94. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 101,846 shares of company stock valued at $14,808,930. 0.68% of the stock is currently owned by corporate insiders.

About T-Mobile US

(Get Rating)

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 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.

See Also

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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