Greenleaf Trust Grows Stake in T-Mobile US, Inc. (NASDAQ:TMUS)


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Greenleaf Trust lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 10.6% in the 4th quarter, Holdings Channel reports. The fund owned 4,513 shares of the Wireless communications provider’s stock after acquiring an additional 433 shares during the quarter. Greenleaf Trust’s holdings in T-Mobile US were worth $609,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. OLD National Bancorp IN raised its position in shares of T-Mobile US by 10.9% in the 4th quarter. OLD National Bancorp IN now owns 7,570 shares of the Wireless communications provider’s stock worth $1,021,000 after acquiring an additional 743 shares in the last quarter. Capital Investment Advisory Services LLC increased its position in T-Mobile US by 7.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 2,825 shares of the Wireless communications provider’s stock valued at $381,000 after buying an additional 192 shares in the last quarter. Strs Ohio increased its position in T-Mobile US by 2.5% during the 4th quarter. Strs Ohio now owns 306,881 shares of the Wireless communications provider’s stock valued at $41,382,000 after buying an additional 7,496 shares in the last quarter. CIBC Asset Management Inc increased its position in T-Mobile US by 8.0% during the 4th quarter. CIBC Asset Management Inc now owns 222,661 shares of the Wireless communications provider’s stock valued at $30,026,000 after buying an additional 16,435 shares in the last quarter. Finally, Point72 Asset Management L.P. increased its position in T-Mobile US by 84.3% during the 3rd quarter. Point72 Asset Management L.P. now owns 1,390,965 shares of the Wireless communications provider’s stock valued at $159,071,000 after buying an additional 636,349 shares in the last quarter. 58.45% of the stock is owned by hedge funds and other institutional investors.

NASDAQ TMUS opened at $117.91 on Tuesday. The company has a market capitalization of $146.35 billion, a PE ratio of 38.53, a price-to-earnings-growth ratio of 2.22 and a beta of 0.55. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.88 and a current ratio of 0.98. The business’s fifty day moving average is $127.67 and its 200 day moving average is $122.23. T-Mobile US, Inc. has a fifty-two week low of $63.50 and a fifty-two week high of $135.54.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, February 4th. The Wireless communications provider reported $0.60 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.09. The company had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $19.97 billion. T-Mobile US had a return on equity of 8.69% and a net margin of 5.11%. During the same period in the previous year, the business earned $0.87 earnings per share. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 3.49 EPS for the current year.

A number of research analysts recently weighed in on the company. Credit Suisse Group set a $150.00 price objective on T-Mobile US and gave the company a “buy” rating in a research report on Friday, February 5th. KeyCorp raised their price objective on T-Mobile US from $135.00 to $155.00 and gave the company an “overweight” rating in a research report on Wednesday, January 13th. Wells Fargo & Company reiterated an “overweight” rating and set a $150.00 target price on shares of T-Mobile US in a research note on Monday, November 16th. Royal Bank of Canada increased their target price on T-Mobile US from $120.00 to $133.00 and gave the company a “neutral” rating in a research note on Friday, February 5th. Finally, The Goldman Sachs Group set a $154.00 target price on T-Mobile US and gave the company a “buy” rating in a research note on Friday, February 5th. Four equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $140.96.

In other T-Mobile US news, EVP David A. Miller sold 10,000 shares of the firm’s stock in a transaction dated Monday, December 7th. The stock was sold at an average price of $132.08, for a total transaction of $1,320,800.00. Following the sale, the executive vice president now directly owns 126,142 shares of the company’s stock, valued at $16,660,835.36. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.47% of the stock is owned by company insiders.

T-Mobile US Profile

T-Mobile US, Inc, through its subsidiaries, provides wireless services for branded postpaid and prepaid, and wholesale customers in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services. It also provides wireless devices, including smartphones, wearables, tablets, and other mobile communication devices, as well as accessories; and wirelines services.

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

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