180 Wealth Advisors LLC Has $505,000 Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

180 Wealth Advisors LLC cut its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 39.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,624 shares of the Wireless communications provider’s stock after selling 2,378 shares during the period. 180 Wealth Advisors LLC’s holdings in T-Mobile US were worth $505,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Ronald Blue Trust Inc. raised its stake in T-Mobile US by 2.6% in the first quarter. Ronald Blue Trust Inc. now owns 11,196 shares of the Wireless communications provider’s stock valued at $1,567,000 after buying an additional 279 shares during the period. Perpetual Ltd bought a new position in shares of T-Mobile US during the first quarter worth approximately $260,000. Vontobel Holding Ltd. increased its stake in shares of T-Mobile US by 84.5% during the first quarter. Vontobel Holding Ltd. now owns 110,931 shares of the Wireless communications provider’s stock worth $16,067,000 after purchasing an additional 50,797 shares during the period. Oppenheimer & Co. Inc. increased its stake in shares of T-Mobile US by 7.6% during the first quarter. Oppenheimer & Co. Inc. now owns 43,857 shares of the Wireless communications provider’s stock worth $6,352,000 after purchasing an additional 3,116 shares during the period. Finally, Toth Financial Advisory Corp increased its stake in shares of T-Mobile US by 4.9% during the first quarter. Toth Financial Advisory Corp now owns 7,941 shares of the Wireless communications provider’s stock worth $1,150,000 after purchasing an additional 370 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Royal Bank of Canada lowered their target price on T-Mobile US from $172.00 to $163.00 and set an “outperform” rating on the stock in a research note on Friday, August 4th. Morgan Stanley increased their target price on T-Mobile US from $178.00 to $179.00 and gave the stock an “overweight” rating in a research note on Thursday, August 3rd. Raymond James lowered their target price on T-Mobile US from $184.00 to $172.00 and set a “strong-buy” rating on the stock in a research note on Friday, September 8th. Barclays upgraded T-Mobile US from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, August 8th. Finally, Wolfe Research upgraded T-Mobile US from a “peer perform” rating to an “outperform” rating and set a $160.00 price objective on the stock in a research note on Thursday, June 8th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.95.

T-Mobile US Trading Down 0.8 %

NASDAQ TMUS opened at $140.81 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.14. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $154.38. The company has a market cap of $165.66 billion, a price-to-earnings ratio of 28.05 and a beta of 0.55. The business’s fifty day moving average is $138.07 and its 200 day moving average is $139.86.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, July 27th. The Wireless communications provider reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.15. T-Mobile US had a return on equity of 9.02% and a net margin of 7.82%. The company had revenue of $19.20 billion for the quarter, compared to the consensus estimate of $19.36 billion. During the same quarter last year, the business posted $1.43 EPS. T-Mobile US’s revenue for the quarter was down 2.6% on a year-over-year basis. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 7.31 EPS for the current fiscal year.

Insider Activity at T-Mobile US

In related news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $138.34, for a total transaction of $2,766,800.00. Following the sale, the chief executive officer now owns 646,339 shares of the company’s stock, valued at approximately $89,414,537.26. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Michael J. Katz sold 3,500 shares of the firm’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $140.01, for a total transaction of $490,035.00. Following the completion of the transaction, the insider now directly owns 122,477 shares of the company’s stock, valued at approximately $17,148,004.77. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $138.34, for a total value of $2,766,800.00. Following the transaction, the chief executive officer now directly owns 646,339 shares of the company’s stock, valued at $89,414,537.26. The disclosure for this sale can be found here. Insiders have sold a total of 42,453 shares of company stock valued at $5,915,631 in the last 90 days. 0.70% of the stock is owned by corporate insiders.

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 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; leasing through JUMP! On Demand; and High Speed Internet services.