Opera Trading Capital purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,500 shares of the Wireless communications provider’s stock, valued at approximately $154,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Barrett Asset Management LLC bought a new position in T-Mobile US during the second quarter worth about $110,000. Smithfield Trust Co. boosted its holdings in T-Mobile US by 1,513.6% during the second quarter. Smithfield Trust Co. now owns 1,904 shares of the Wireless communications provider’s stock worth $115,000 after buying an additional 1,786 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in T-Mobile US by 54.7% during the second quarter. Proficio Capital Partners LLC now owns 2,463 shares of the Wireless communications provider’s stock worth $157,000 after buying an additional 871 shares during the last quarter. Captrust Financial Advisors bought a new position in T-Mobile US during the second quarter worth about $159,000. Finally, Chemical Bank bought a new position in T-Mobile US during the second quarter worth about $228,000. Institutional investors and hedge funds own 35.09% of the company’s stock.
A number of equities analysts have issued reports on TMUS shares. KeyCorp set a $72.00 target price on T-Mobile US and gave the stock a “buy” rating in a report on Wednesday, October 11th. UBS AG restated a “buy” rating and set a $70.00 target price (down previously from $80.00) on shares of T-Mobile US in a report on Monday, November 6th. Jefferies Group LLC restated a “buy” rating and set a $80.00 target price on shares of T-Mobile US in a report on Saturday, July 22nd. BidaskClub cut T-Mobile US from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th. Finally, Cowen and Company restated a “buy” rating and set a $70.00 target price on shares of T-Mobile US in a report on Friday, August 25th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. T-Mobile US has an average rating of “Buy” and an average target price of $69.91.
T-Mobile US, Inc. (TMUS) opened at $56.23 on Tuesday. The firm has a market capitalization of $46,960.00, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 1.25 and a beta of 0.29. T-Mobile US, Inc. has a 1 year low of $51.87 and a 1 year high of $68.88. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.80 and a current ratio of 0.92.
T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.17. The firm had revenue of $10.02 billion for the quarter, compared to analyst estimates of $10.01 billion. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.27 EPS. sell-side analysts forecast that T-Mobile US, Inc. will post 2.33 earnings per share for the current fiscal 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 U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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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