Chatham Capital Group Inc. Sells 525 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Chatham Capital Group Inc. lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,546 shares of the Wireless communications provider’s stock after selling 525 shares during the quarter. Chatham Capital Group Inc.’s holdings in T-Mobile US were worth $5,480,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TMUS. Rakuten Securities Inc. lifted its stake in T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in T-Mobile US in the 4th quarter valued at $28,000. Adirondack Trust Co. raised its stake in T-Mobile US by 366.7% in the 1st quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider’s stock worth $37,000 after purchasing an additional 110 shares in the last quarter. Pinney & Scofield Inc. bought a new stake in shares of T-Mobile US during the 4th quarter valued at $39,000. Finally, DT Investment Partners LLC lifted its holdings in shares of T-Mobile US by 58.8% during the 4th 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 during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of recent research reports. Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Tigress Financial boosted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, April 29th. UBS Group downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 21st. Wall Street Zen cut shares of T-Mobile US from a “buy” rating to a “hold” rating in a research report on Saturday, May 24th. Finally, Scotiabank upgraded T-Mobile US from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $257.68.

T-Mobile US Stock Performance

T-Mobile US stock opened at $241.96 on Thursday. T-Mobile US, Inc. has a fifty-two week low of $171.18 and a fifty-two week high of $276.49. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market cap of $274.73 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The firm’s fifty day moving average price is $249.38 and its 200-day moving average price is $243.93.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the business posted $2.00 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Profile

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.