Daiwa Securities Group Inc. raised its position in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 11.6% in the third quarter, HoldingsChannel.com reports. The firm owned 14,567 shares of the Wireless communications provider’s stock after buying an additional 1,518 shares during the period. Daiwa Securities Group Inc.’s holdings in T-Mobile Us were worth $1,147,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of TMUS. AdvisorNet Financial Inc boosted its stake in T-Mobile Us by 165.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 319 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 199 shares in the last quarter. Capital Investment Advisory Services LLC boosted its stake in T-Mobile Us by 272.8% during the 2nd quarter. Capital Investment Advisory Services LLC now owns 343 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 251 shares in the last quarter. Usca Ria LLC bought a new position in T-Mobile Us during the 3rd quarter valued at $32,000. Cullen Frost Bankers Inc. bought a new position in T-Mobile Us during the 3rd quarter valued at $44,000. Finally, Coastal Capital Group Inc. acquired a new stake in shares of T-Mobile Us during the 2nd quarter valued at $53,000. 33.04% of the stock is owned by hedge funds and other institutional investors.
NASDAQ:TMUS opened at $79.62 on Tuesday. T-Mobile Us Inc has a 1 year low of $59.96 and a 1 year high of $85.22. The firm has a 50 day moving average of $80.14 and a 200-day moving average of $77.67. The company has a current ratio of 0.66, a quick ratio of 0.59 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $69.70 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 1.48 and a beta of 0.41.
T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Monday, October 28th. The Wireless communications provider reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.05. The business had revenue of $11.06 billion during the quarter, compared to analyst estimates of $11.33 billion. T-Mobile Us had a net margin of 7.53% and a return on equity of 14.21%. T-Mobile Us’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 earnings per share. As a group, analysts forecast that T-Mobile Us Inc will post 4.44 EPS for the current fiscal year.
TMUS has been the subject of a number of recent research reports. ValuEngine downgraded T-Mobile Us from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. UBS Group reiterated a “buy” rating and set a $96.00 price objective on shares of T-Mobile Us in a research report on Tuesday, October 29th. Oppenheimer reiterated a “market perform” rating on shares of T-Mobile Us in a research report on Tuesday, August 27th. KeyCorp raised their price target on T-Mobile Us from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Finally, Raymond James lifted their target price on shares of T-Mobile Us from $94.00 to $95.00 and gave the company a “strong-buy” rating in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $91.54.
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 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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