T-Mobile US, Inc. $TMUS Shares Bought by Blair William & Co. IL

Blair William & Co. IL grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 31.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,748 shares of the Wireless communications provider’s stock after purchasing an additional 3,509 shares during the quarter. Blair William & Co. IL’s holdings in T-Mobile US were worth $3,530,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. AGF Management Ltd. lifted its position in shares of T-Mobile US by 17.5% in the second quarter. AGF Management Ltd. now owns 5,437 shares of the Wireless communications provider’s stock valued at $1,295,000 after acquiring an additional 810 shares in the last quarter. Midwest Trust Co acquired a new position in T-Mobile US in the 2nd quarter valued at about $285,000. King Luther Capital Management Corp lifted its holdings in T-Mobile US by 2.0% in the 2nd quarter. King Luther Capital Management Corp now owns 2,528 shares of the Wireless communications provider’s stock valued at $602,000 after purchasing an additional 49 shares in the last quarter. Allworth Financial LP lifted its holdings in T-Mobile US by 14.2% in the 2nd quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock valued at $1,556,000 after purchasing an additional 810 shares in the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new stake in shares of T-Mobile US during the 2nd quarter worth about $35,560,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

TMUS stock opened at $213.44 on Thursday. The firm has a market cap of $235.18 billion, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 1.42 and a beta of 0.43. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.90 and a current ratio of 1.00. T-Mobile US, Inc. has a 1 year low of $181.36 and a 1 year high of $272.60. The stock has a 50-day simple moving average of $203.58 and a 200-day simple moving average of $215.00.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on TMUS shares. The Goldman Sachs Group boosted their price objective on shares of T-Mobile US from $233.00 to $254.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Weiss Ratings cut T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a research report on Thursday, February 19th. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Wells Fargo & Company increased their target price on T-Mobile US from $225.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $257.09.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total value of $727,640.10. Following the completion of the transaction, the director directly owned 1,038 shares of the company’s stock, valued at $229,501.80. This represents a 76.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Raul Marcelo Claure sold 550,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $217.57, for a total value of $119,663,500.00. Following the sale, the director owned 891,204 shares of the company’s stock, valued at $193,899,254.28. This represents a 38.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 694,134 shares of company stock worth $150,847,799 over the last three months. Insiders own 0.37% of the company’s stock.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.