State of Wisconsin Investment Board raised its position in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 0.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 607,067 shares of the Wireless communications provider’s stock after purchasing an additional 2,204 shares during the quarter. State of Wisconsin Investment Board owned 0.07% of T-Mobile Us worth $41,948,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. CWM LLC boosted its stake in shares of T-Mobile Us by 440.3% during the fourth quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 317 shares during the period. Sandy Spring Bank acquired a new position in shares of T-Mobile Us during the first quarter valued at about $30,000. PRW Wealth Management LLC acquired a new position in shares of T-Mobile Us during the fourth quarter valued at about $34,000. Financial Advocates Investment Management increased its holdings in shares of T-Mobile Us by 42.0% during the fourth quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 160 shares in the last quarter. Finally, Semmax Financial Advisors Inc. acquired a new position in shares of T-Mobile Us during the fourth quarter valued at about $37,000. 32.65% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts have commented on the company. Zacks Investment Research lowered T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Friday, April 12th. HSBC set a $80.00 target price on T-Mobile Us and gave the company a “buy” rating in a research report on Friday, March 8th. BidaskClub lowered T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. KeyCorp increased their target price on T-Mobile Us from $76.00 to $88.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Finally, Nomura raised their price objective on T-Mobile Us from $72.00 to $76.00 and gave the company a “neutral” rating in a report on Friday, April 26th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. T-Mobile Us has a consensus rating of “Buy” and a consensus target price of $81.73.
T-Mobile Us stock traded up $0.85 during midday trading on Friday, reaching $74.14. 2,427,027 shares of the stock traded hands, compared to its average volume of 3,612,739. The business has a 50-day simple moving average of $75.62. T-Mobile Us Inc has a 12-month low of $57.89 and a 12-month high of $80.93. The firm has a market capitalization of $63.34 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 1.37 and a beta of 0.39. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.56 and a current ratio of 0.66.
T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.14. The business had revenue of $11.08 billion during the quarter, compared to analysts’ expectations of $11 billion. T-Mobile Us had a return on equity of 13.05% and a net margin of 7.11%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.78 EPS. On average, analysts expect that T-Mobile Us Inc will post 4.09 EPS for the current 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 79.7 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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