Robeco Institutional Asset Management B.V. grew its position in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 12.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,545 shares of the Wireless communications provider’s stock after purchasing an additional 10,645 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in T-Mobile Us were worth $6,808,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in TMUS. Avitas Wealth Management LLC raised its stake in shares of T-Mobile Us by 0.8% during the first quarter. Avitas Wealth Management LLC now owns 30,563 shares of the Wireless communications provider’s stock valued at $2,112,000 after purchasing an additional 255 shares during the period. Rhumbline Advisers increased its stake in shares of T-Mobile Us by 7.3% in the first quarter. Rhumbline Advisers now owns 376,804 shares of the Wireless communications provider’s stock worth $26,037,000 after buying an additional 25,682 shares during the last quarter. HL Financial Services LLC bought a new stake in shares of T-Mobile Us in the first quarter worth $379,000. Parallel Advisors LLC increased its stake in shares of T-Mobile Us by 5.3% in the first quarter. Parallel Advisors LLC now owns 5,944 shares of the Wireless communications provider’s stock worth $411,000 after buying an additional 298 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado increased its stake in shares of T-Mobile Us by 7.5% in the first quarter. Public Employees Retirement Association of Colorado now owns 58,889 shares of the Wireless communications provider’s stock worth $4,069,000 after buying an additional 4,104 shares during the last quarter. 33.72% of the stock is currently owned by institutional investors.
In other news, COO G Michael Sievert sold 4,766 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $73.58, for a total transaction of $350,682.28. Following the completion of the transaction, the chief operating officer now owns 543,391 shares of the company’s stock, valued at $39,982,709.78. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Thomas Christopher Keys sold 43,000 shares of the business’s stock in a transaction on Friday, February 15th. The shares were sold at an average price of $70.71, for a total transaction of $3,040,530.00. Following the transaction, the insider now directly owns 248,883 shares of the company’s stock, valued at approximately $17,598,516.93. The disclosure for this sale can be found here. Insiders own 0.40% of the company’s stock.
A number of brokerages recently issued reports on TMUS. BidaskClub upgraded shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research note on Wednesday, May 8th. Zacks Investment Research lowered shares of T-Mobile Us from a “buy” rating to a “hold” rating in a research note on Friday, April 12th. Nomura lifted their price objective on shares of T-Mobile Us from $72.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, April 26th. KeyCorp lifted their price objective on shares of T-Mobile Us from $76.00 to $88.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Argus reaffirmed a “buy” rating on shares of T-Mobile Us in a report on Tuesday, February 19th. Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $80.15.
T-Mobile Us stock opened at $73.60 on Thursday. The firm has a market capitalization of $62.72 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 1.18 and a beta of 0.44. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.66 and a quick ratio of 0.56. T-Mobile Us Inc has a 12 month low of $55.23 and a 12 month high of $75.32.
T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.14. T-Mobile Us had a net margin of 7.11% and a return on equity of 13.05%. The firm had revenue of $11.08 billion during the quarter, compared to the consensus estimate of $11 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The firm’s revenue was up 6.0% on a year-over-year basis. On average, analysts anticipate that T-Mobile Us Inc will post 4.12 earnings per share for the current fiscal year.
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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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