Quantitative Systematic Strategies LLC decreased its holdings in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 23.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,488 shares of the Wireless communications provider’s stock after selling 15,597 shares during the period. T-Mobile Us makes up about 0.9% of Quantitative Systematic Strategies LLC’s holdings, making the stock its 19th largest holding. Quantitative Systematic Strategies LLC’s holdings in T-Mobile Us were worth $3,489,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of TMUS. CWM LLC raised its position in 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 in the last quarter. PRW Wealth Management LLC purchased a new stake in T-Mobile Us during the fourth quarter valued at about $34,000. Financial Advocates Investment Management raised its position in 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 purchasing an additional 160 shares in the last quarter. Semmax Financial Advisors Inc. purchased a new stake in T-Mobile Us during the fourth quarter valued at about $37,000. Finally, Rehmann Capital Advisory Group raised its position in T-Mobile Us by 54.8% during the fourth quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock valued at $41,000 after purchasing an additional 227 shares in the last quarter. 33.96% of the stock is owned by institutional investors.
Shares of TMUS traded up $0.08 during trading hours on Monday, hitting $73.79. The company had a trading volume of 2,194,464 shares, compared to its average volume of 3,500,191. The company has a market cap of $62.70 billion, a P/E ratio of 21.96, a P/E/G ratio of 1.24 and a beta of 0.43. The company has a current ratio of 0.81, a quick ratio of 0.70 and a debt-to-equity ratio of 1.18. T-Mobile Us Inc has a 52-week low of $55.09 and a 52-week high of $74.06.
T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, February 7th. The Wireless communications provider reported $0.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.06. The firm had revenue of $11.45 billion for the quarter, compared to the consensus estimate of $11.38 billion. T-Mobile Us had a return on equity of 12.12% and a net margin of 6.67%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.11 earnings per share. Equities research analysts forecast that T-Mobile Us Inc will post 3.97 earnings per share for the current fiscal year.
A number of research firms have weighed in on TMUS. Zacks Investment Research upgraded T-Mobile Us from a “hold” rating to a “buy” rating and set a $80.00 price target on the stock in a research report on Thursday. BidaskClub downgraded T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Raymond James restated a “strong-buy” rating and set a $85.00 price target on shares of T-Mobile Us in a research report on Wednesday, December 19th. Argus restated a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, February 19th. Finally, UBS Group restated a “buy” rating and set a $80.00 price target on shares of T-Mobile Us in a research report on Wednesday, January 16th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $79.21.
In related news, insider Thomas Christopher Keys sold 43,000 shares of the firm’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $70.71, for a total value of $3,040,530.00. Following the sale, the insider now directly owns 248,883 shares of the company’s stock, valued at $17,598,516.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO G Michael Sievert sold 10,228 shares of the firm’s stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $67.90, for a total value of $694,481.20. Following the completion of the sale, the chief operating officer now directly owns 431,890 shares in the company, valued at $29,325,331. The disclosure for this sale can be found here. In the last quarter, insiders sold 60,244 shares of company stock worth $4,242,113. Company insiders own 0.37% of the company’s stock.
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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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