T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by NWI Management LP

NWI Management LP lowered its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 20.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,000 shares of the Wireless communications provider’s stock after selling 2,000 shares during the period. NWI Management LP’s holdings in T-Mobile US were worth $1,766,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Rakuten Securities Inc. lifted its position in T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 62 shares during the period. CoreFirst Bank & Trust purchased a new position in T-Mobile US during the fourth quarter worth about $28,000. Financial Life Planners purchased a new position in T-Mobile US during the fourth quarter worth about $29,000. Albion Financial Group UT purchased a new position in T-Mobile US during the fourth quarter worth about $39,000. Finally, DT Investment Partners LLC lifted its position in T-Mobile US by 58.8% during the fourth quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider’s stock worth $42,000 after buying an additional 70 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TMUS. Hsbc Global Res downgraded T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. increased their target price on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. HSBC lowered T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a research note on Wednesday, March 5th. Scotiabank upgraded T-Mobile US from a “sector perform” rating to a “sector outperform” rating and upped their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, Barclays increased their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $257.68.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Down 1.2%

Shares of T-Mobile US stock opened at $237.34 on Wednesday. The stock’s fifty day moving average is $255.36 and its 200-day moving average is $242.84. The firm has a market capitalization of $269.49 billion, a PE ratio of 24.54, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12-month low of $161.72 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. T-Mobile US’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.00 earnings per share. Equities analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

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 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; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.