AMG National Trust Bank held its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,283 shares of the Wireless communications provider’s stock at the close of the second quarter. AMG National Trust Bank’s holdings in T-Mobile US were worth $563,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in TMUS. BlackRock Inc. grew its stake in shares of T-Mobile US by 3,998.0% in the first quarter. BlackRock Inc. now owns 13,832,340 shares of the Wireless communications provider’s stock valued at $893,431,000 after buying an additional 13,494,802 shares in the last quarter. Marshall Wace North America L.P. acquired a new stake in T-Mobile US during the 1st quarter valued at approximately $298,008,000. Paulson & CO. Inc. acquired a new stake in T-Mobile US during the 1st quarter valued at approximately $267,409,000. Prudential Financial Inc. grew its stake in T-Mobile US by 3,877.3% during the 2nd quarter. Prudential Financial Inc. now owns 1,587,360 shares of the Wireless communications provider’s stock valued at $96,226,000 after purchasing an additional 1,547,450 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in T-Mobile US by 53.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,753,244 shares of the Wireless communications provider’s stock valued at $227,522,000 after purchasing an additional 1,302,683 shares in the last quarter. Institutional investors own 34.72% of the company’s stock.
T-Mobile US, Inc. (NASDAQ:TMUS) traded up 0.695% during midday trading on Friday, hitting $61.595. The stock had a trading volume of 776,149 shares. The company’s 50 day moving average is $63.39 and its 200 day moving average is $63.83. T-Mobile US, Inc. has a 1-year low of $44.49 and a 1-year high of $68.88. The company has a market cap of $51.19 billion, a price-to-earnings ratio of 26.100 and a beta of 0.47.
T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 19th. The Wireless communications provider reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.29. The company had revenue of $10.21 billion for the quarter, compared to analyst estimates of $9.82 billion. T-Mobile US had a net margin of 5.19% and a return on equity of 8.66%. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.25 EPS. On average, equities analysts anticipate that T-Mobile US, Inc. will post $2.29 earnings per share for the current fiscal year.
Several analysts recently issued reports on the company. Royal Bank Of Canada reiterated a “buy” rating and set a $76.00 price target on shares of T-Mobile US in a research report on Friday, June 2nd. Goldman Sachs Group, Inc. (The) started coverage on T-Mobile US in a research report on Monday, May 22nd. They set a “buy” rating on the stock. Drexel Hamilton started coverage on T-Mobile US in a report on Thursday, June 8th. They issued a “buy” rating and a $80.00 target price on the stock. BidaskClub upgraded T-Mobile US from a “hold” rating to a “buy” rating in a report on Saturday, August 5th. Finally, Cowen and Company reaffirmed a “buy” rating and issued a $70.00 target price on shares of T-Mobile US in a research report on Friday, August 25th. Twelve research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $70.06.
T-Mobile US Company 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.
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