T-Mobile US Inc (NASDAQ:TMUS) Stake Raised by ARP Americas LP

ARP Americas LP boosted its position in shares of T-Mobile US Inc (NASDAQ:TMUS) by 308.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,070 shares of the Wireless communications provider’s stock after acquiring an additional 13,651 shares during the period. ARP Americas LP’s holdings in T-Mobile US were worth $1,148,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Rational Advisors LLC acquired a new position in shares of T-Mobile US in the 3rd quarter worth approximately $105,000. Cerebellum GP LLC bought a new position in T-Mobile US in the 4th quarter worth approximately $127,000. Capital Bank & Trust Co raised its position in T-Mobile US by 3,128.6% in the 3rd quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock worth $139,000 after purchasing an additional 2,190 shares during the last quarter. Opera Trading Capital bought a new position in T-Mobile US in the 3rd quarter worth approximately $154,000. Finally, Renaissance Group LLC bought a new stake in shares of T-Mobile US during the 3rd quarter valued at $201,000. Hedge funds and other institutional investors own 35.68% of the company’s stock.

Several brokerages have commented on TMUS. Jefferies Group reiterated a “top pick” rating and set a $62.78 target price (down previously from $72.00) on shares of T-Mobile US in a research report on Tuesday, November 28th. Bank of America upped their target price on shares of T-Mobile US from $40.00 to $45.00 and gave the stock an “underperform” rating in a research note on Friday, February 9th. Morgan Stanley increased their price objective on shares of T-Mobile US from $72.00 to $74.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 13th. BidaskClub downgraded shares of T-Mobile US from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Finally, HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, November 21st. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, nineteen have given a buy rating and four have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $70.65.

T-Mobile US Inc (TMUS) traded down $0.20 during midday trading on Wednesday, hitting $64.78. 3,283,564 shares of the stock traded hands, compared to its average volume of 4,420,000. The company has a current ratio of 0.77, a quick ratio of 0.64 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $55,520.00, a price-to-earnings ratio of 12.46, a P/E/G ratio of 0.84 and a beta of 0.38. T-Mobile US Inc has a one year low of $54.60 and a one year high of $68.88.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.11. The business had revenue of $10.76 billion for the quarter, compared to analyst estimates of $10.84 billion. T-Mobile US had a net margin of 11.19% and a return on equity of 9.60%. T-Mobile US’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.45 EPS. equities research analysts expect that T-Mobile US Inc will post 3.4 earnings per share for the current fiscal year.

T-Mobile US announced that its board has authorized a share repurchase plan on Wednesday, December 6th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the Wireless communications provider to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

In other T-Mobile US news, insider Thomas Christopher Keys sold 25,000 shares of the stock in a transaction on Friday, March 9th. The shares were sold at an average price of $65.50, for a total transaction of $1,637,500.00. Following the completion of the sale, the insider now owns 406,883 shares of the company’s stock, valued at approximately $26,650,836.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP David A. Miller sold 15,000 shares of the stock in a transaction on Monday, December 18th. The shares were sold at an average price of $62.78, for a total transaction of $941,700.00. Following the sale, the executive vice president now directly owns 104,448 shares of the company’s stock, valued at approximately $6,557,245.44. The disclosure for this sale can be found here. In the last three months, insiders bought 1,840,000 shares of company stock worth $110,974,950 and sold 113,872 shares worth $7,300,318. 0.29% of the stock is owned by corporate insiders.

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T-Mobile US Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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.

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

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