T-Mobile US, Inc. $TMUS Shares Bought by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 156.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,800 shares of the Wireless communications provider’s stock after buying an additional 7,200 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in T-Mobile US were worth $2,825,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. L2 Asset Management LLC increased its position in T-Mobile US by 2.2% in the 2nd quarter. L2 Asset Management LLC now owns 2,082 shares of the Wireless communications provider’s stock valued at $496,000 after acquiring an additional 45 shares during the period. City Holding Co. boosted its position in T-Mobile US by 48.4% during the 3rd quarter. City Holding Co. now owns 141 shares of the Wireless communications provider’s stock worth $34,000 after acquiring an additional 46 shares during the period. PAX Financial Group LLC grew its stake in shares of T-Mobile US by 4.1% in the second quarter. PAX Financial Group LLC now owns 1,190 shares of the Wireless communications provider’s stock worth $284,000 after purchasing an additional 47 shares in the last quarter. New Republic Capital LLC grew its stake in shares of T-Mobile US by 4.7% in the third quarter. New Republic Capital LLC now owns 1,073 shares of the Wireless communications provider’s stock worth $257,000 after purchasing an additional 48 shares in the last quarter. Finally, King Luther Capital Management Corp increased its holdings in shares of T-Mobile US by 2.0% during the second quarter. King Luther Capital Management Corp now owns 2,528 shares of the Wireless communications provider’s stock valued at $602,000 after purchasing an additional 49 shares during the period. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $221.57 on Friday. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $272.60. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. The stock has a market cap of $244.14 billion, a PE ratio of 22.82, a price-to-earnings-growth ratio of 1.43 and a beta of 0.43. The company’s 50-day moving average price is $202.78 and its two-hundred day moving average price is $215.84.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TMUS shares. Citigroup cut their price objective on shares of T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. The Goldman Sachs Group raised their target price on shares of T-Mobile US from $233.00 to $254.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Daiwa Securities Group upgraded shares of T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price target on the stock in a research report on Thursday, February 19th. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Argus decreased their price objective on shares of T-Mobile US from $275.00 to $245.00 and set a “buy” rating for the company in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $257.09.

Insider Buying and Selling

In related news, CFO Peter Osvaldik sold 27,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $214.86, for a total value of $5,801,220.00. Following the sale, the chief financial officer directly owned 51,573 shares in the company, valued at $11,080,974.78. The trade was a 34.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director G Michael Sievert sold 80,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $214.94, for a total transaction of $17,195,200.00. Following the sale, the director directly owned 140,696 shares of the company’s stock, valued at approximately $30,241,198.24. This represents a 36.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is owned by insiders.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.