Siemens Fonds Invest GmbH Boosts Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Siemens Fonds Invest GmbH grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 28.7% in the fourth quarter, Holdings Channel reports. The firm owned 42,156 shares of the Wireless communications provider’s stock after purchasing an additional 9,411 shares during the period. Siemens Fonds Invest GmbH’s holdings in T-Mobile US were worth $9,305,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TMUS. Rakuten Securities Inc. grew its holdings in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 62 shares in the last quarter. CoreFirst Bank & Trust bought a new position in shares of T-Mobile US in the 4th quarter worth $28,000. Financial Life Planners purchased a new stake in shares of T-Mobile US during the 4th quarter valued at $29,000. Albion Financial Group UT bought a new stake in shares of T-Mobile US during the 4th quarter worth $39,000. Finally, DT Investment Partners LLC grew its position in T-Mobile US by 58.8% in the fourth quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider’s stock worth $42,000 after acquiring an additional 70 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. The trade was a 18.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TMUS shares. JPMorgan Chase & Co. lifted their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 18th. HSBC cut shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target on the stock. in a research report on Wednesday, March 5th. Benchmark reaffirmed a “buy” rating and set a $275.00 target price on shares of T-Mobile US in a report on Thursday, March 27th. Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Finally, Oppenheimer increased their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Ten equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $257.68.

T-Mobile US Price Performance

Shares of TMUS opened at $240.16 on Friday. T-Mobile US, Inc. has a twelve month low of $162.15 and a twelve month high of $276.49. The company has a market capitalization of $272.69 billion, a P/E ratio of 24.84, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The firm has a 50 day moving average of $254.24 and a 200 day moving average of $242.87. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same period last year, the business posted $2.00 EPS. The company’s revenue was up 6.6% compared to the same quarter last year. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

About T-Mobile US

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.