Continuum Advisory LLC Purchases 43 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Continuum Advisory LLC boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,069 shares of the Wireless communications provider’s stock after buying an additional 43 shares during the quarter. Continuum Advisory LLC’s holdings in T-Mobile US were worth $1,340,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ancora Advisors LLC grew its holdings in shares of T-Mobile US by 16.6% in the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider’s stock worth $57,000 after acquiring an additional 37 shares during the period. Snowden Capital Advisors LLC lifted its holdings in T-Mobile US by 0.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider’s stock valued at $1,411,000 after acquiring an additional 40 shares during the period. Signaturefd LLC boosted its position in T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock worth $2,499,000 after purchasing an additional 41 shares during the last quarter. JSF Financial LLC grew its stake in shares of T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock valued at $1,117,000 after purchasing an additional 44 shares during the period. Finally, D Orazio & Associates Inc. increased its position in shares of T-Mobile US by 3.7% during the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock valued at $290,000 after purchasing an additional 47 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Down 1.2%

Shares of TMUS stock opened at $241.21 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $273.88 billion, a price-to-earnings ratio of 24.94, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. T-Mobile US, Inc. has a 12-month low of $163.26 and a 12-month high of $276.49. The stock’s 50-day moving average price is $253.37 and its 200-day moving average price is $243.40.

T-Mobile US (NASDAQ:TMUS) last released 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. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.67 billion. During the same quarter last year, the business posted $2.00 EPS. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TMUS. Royal Bank of Canada raised their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a report on Friday, March 21st. Oppenheimer lifted their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Tuesday, March 18th. Finally, Tigress Financial raised their price objective on T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Ten equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $257.68.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares of the company’s stock, valued at $865,533. This trade represents a 18.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.67% of the company’s stock.

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.