Investor s Fiduciary Advisor Network LLC Acquires Shares of 937 T-Mobile US, Inc. (NASDAQ:TMUS)

Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 937 shares of the Wireless communications provider’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Janus Henderson Group PLC increased its stake in T-Mobile US by 4.2% during the 4th quarter. Janus Henderson Group PLC now owns 2,233,725 shares of the Wireless communications provider’s stock valued at $493,094,000 after purchasing an additional 89,999 shares in the last quarter. Jefferies Financial Group Inc. increased its stake in T-Mobile US by 9.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 37,480 shares of the Wireless communications provider’s stock valued at $8,273,000 after purchasing an additional 3,350 shares in the last quarter. KKM Financial LLC bought a new stake in shares of T-Mobile US in the fourth quarter worth approximately $209,000. Guardian Wealth Advisors LLC NC bought a new stake in shares of T-Mobile US in the fourth quarter worth approximately $252,000. Finally, Ground Swell Capital LLC bought a new stake in shares of T-Mobile US in the fourth quarter worth approximately $826,000. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TMUS has been the subject of a number of research analyst reports. Tigress Financial lifted their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Hsbc Global Res lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Barclays lifted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Wells Fargo & Company reiterated an “equal weight” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, Scotiabank upgraded shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Ten analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.68.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $243.81 on Monday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1-year low of $161.72 and a 1-year high of $276.49. The company has a market capitalization of $276.83 billion, a P/E ratio of 25.21, a P/E/G ratio of 1.55 and a beta of 0.69. The firm’s 50 day simple moving average is $256.32 and its two-hundred day simple moving average is $242.78.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) 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 analysts’ expectations of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.00 earnings per share. Research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.67% of the company’s stock.

About T-Mobile US

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.