US Financial Advisors LLC Purchases Shares of 922 T-Mobile US, Inc. (NASDAQ:TMUS)

US Financial Advisors LLC purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 922 shares of the Wireless communications provider’s stock, valued at approximately $204,000.

Several other large investors also recently made changes to their positions in the stock. Barclays PLC lifted its holdings in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in T-Mobile US in the 4th quarter valued at approximately $1,552,000. Rice Partnership LLC bought a new stake in T-Mobile US in the 4th quarter valued at approximately $7,678,000. Exchange Traded Concepts LLC boosted its position in T-Mobile US by 737.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider’s stock worth $12,476,000 after acquiring an additional 49,775 shares during the last quarter. Finally, Transform Wealth LLC grew its stake in shares of T-Mobile US by 17.7% during the 4th quarter. Transform Wealth LLC now owns 54,496 shares of the Wireless communications provider’s stock worth $12,029,000 after acquiring an additional 8,208 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.7%

Shares of TMUS opened at $244.25 on Tuesday. The firm has a market cap of $277.33 billion, a P/E ratio of 25.26, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 52 week low of $163.15 and a 52 week high of $276.49. The firm’s 50-day simple moving average is $253.73 and its 200 day simple moving average is $243.41.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. The company 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%. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.00 earnings per share. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Benchmark reiterated a “buy” rating and issued a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Tigress Financial raised their price objective on T-Mobile US from $290.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. UBS Group downgraded T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 21st. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Finally, Hsbc Global Res downgraded T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Ten equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $257.68.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were 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 owns 3,291 shares of the company’s stock, valued at approximately $865,533. The trade was a 18.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.67% of the company’s stock.

T-Mobile US Company 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.