T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Atria Investments LLC

Atria Investments LLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUSGet Rating) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,051 shares of the Wireless communications provider’s stock after purchasing an additional 685 shares during the quarter. Atria Investments LLC’s holdings in T-Mobile US were worth $1,218,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of TMUS. Versor Investments LP increased its stake in T-Mobile US by 25.8% in the first quarter. Versor Investments LP now owns 6,119 shares of the Wireless communications provider’s stock valued at $785,000 after purchasing an additional 1,254 shares during the period. Benjamin Edwards Inc. increased its stake in T-Mobile US by 52.1% in the first quarter. Benjamin Edwards Inc. now owns 2,432 shares of the Wireless communications provider’s stock valued at $312,000 after purchasing an additional 833 shares during the period. Victory Capital Management Inc. increased its stake in T-Mobile US by 3.4% in the first quarter. Victory Capital Management Inc. now owns 625,686 shares of the Wireless communications provider’s stock valued at $77,047,000 after purchasing an additional 20,845 shares during the period. Prospera Financial Services Inc acquired a new position in T-Mobile US in the first quarter valued at $194,000. Finally, Dowling & Yahnke LLC increased its stake in T-Mobile US by 23.7% in the first quarter. Dowling & Yahnke LLC now owns 12,526 shares of the Wireless communications provider’s stock valued at $1,608,000 after purchasing an additional 2,398 shares during the period. 45.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

In related news, CAO Dara Bazzano sold 1,700 shares of the company’s stock in a transaction that occurred on Tuesday, November 1st. The shares were sold at an average price of $153.46, for a total transaction of $260,882.00. Following the transaction, the chief accounting officer now owns 9,551 shares of the company’s stock, valued at $1,465,696.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CAO Dara Bazzano sold 1,700 shares of the company’s stock in a transaction that occurred on Tuesday, November 1st. The shares were sold at an average price of $153.46, for a total transaction of $260,882.00. Following the transaction, the chief accounting officer now owns 9,551 shares of the company’s stock, valued at $1,465,696.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Neville R. Ray sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, October 28th. The shares were sold at an average price of $150.47, for a total transaction of $7,523,500.00. Following the transaction, the insider now directly owns 313,902 shares in the company, valued at approximately $47,232,833.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 73,450 shares of company stock valued at $11,045,767. Company insiders own 0.68% of the company’s stock.

T-Mobile US Stock Down 1.0 %

Shares of NASDAQ TMUS opened at $150.12 on Thursday. T-Mobile US, Inc. has a 12-month low of $101.51 and a 12-month high of $154.38. The company has a market capitalization of $186.77 billion, a PE ratio of 123.05, a price-to-earnings-growth ratio of 2.73 and a beta of 0.54. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.81 and a quick ratio of 0.73. The firm’s 50-day moving average is $141.37 and its two-hundred day moving average is $138.36.

T-Mobile US (NASDAQ:TMUSGet Rating) last announced its quarterly earnings results on Thursday, October 27th. The Wireless communications provider reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.13). T-Mobile US had a net margin of 1.92% and a return on equity of 6.29%. The business had revenue of $19.48 billion during the quarter, compared to analysts’ expectations of $19.98 billion. During the same period last year, the company earned $0.55 EPS. The firm’s revenue for the quarter was down .7% on a year-over-year basis. Equities analysts anticipate that T-Mobile US, Inc. will post 2.05 EPS for the current fiscal year.

Analyst Ratings Changes

TMUS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. set a $200.00 price target on shares of T-Mobile US in a research note on Friday, October 28th. Raymond James dropped their price target on shares of T-Mobile US from $178.00 to $175.00 and set a “strong-buy” rating on the stock in a research note on Friday, October 28th. Wolfe Research boosted their price target on shares of T-Mobile US from $162.00 to $168.00 and gave the stock an “outperform” rating in a research note on Thursday, September 29th. Scotiabank upgraded shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the stock from $153.00 to $167.00 in a research note on Thursday, July 28th. Finally, Cowen boosted their price target on shares of T-Mobile US from $187.00 to $201.00 in a research note on Friday, October 28th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $174.15.

T-Mobile US Company Profile

(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.

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

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