T-Mobile US, Inc. (TMUS) Holdings Boosted by Commonwealth Equity Services Inc

Commonwealth Equity Services Inc raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 99,443 shares of the Wireless communications provider’s stock after purchasing an additional 4,698 shares during the quarter. Commonwealth Equity Services Inc’s holdings in T-Mobile US were worth $6,131,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Barrett Asset Management LLC acquired a new position in T-Mobile US in the 2nd quarter valued at about $110,000. Smithfield Trust Co. boosted its holdings in T-Mobile US by 1,513.6% in the 2nd quarter. Smithfield Trust Co. now owns 1,904 shares of the Wireless communications provider’s stock valued at $115,000 after purchasing an additional 1,786 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in T-Mobile US by 54.7% in the 2nd quarter. Proficio Capital Partners LLC now owns 2,463 shares of the Wireless communications provider’s stock valued at $157,000 after purchasing an additional 871 shares during the last quarter. Opera Trading Capital acquired a new position in T-Mobile US in the 3rd quarter valued at about $154,000. Finally, Captrust Financial Advisors acquired a new position in T-Mobile US in the 2nd quarter valued at about $159,000. Institutional investors own 35.09% of the company’s stock.

Shares of T-Mobile US, Inc. (TMUS) traded up $0.22 during trading on Friday, reaching $60.02. 6,789,590 shares of the company’s stock were exchanged, compared to its average volume of 6,272,123. The stock has a market cap of $49,934.48, a P/E ratio of 27.16, a P/E/G ratio of 1.32 and a beta of 0.29. 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, Inc. has a 52 week low of $53.09 and a 52 week high of $68.88.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.17. The business had revenue of $10.02 billion during the quarter, compared to the consensus estimate of $10.01 billion. T-Mobile US had a net margin of 5.55% and a return on equity of 9.99%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.27 EPS. equities analysts anticipate that T-Mobile US, Inc. will post 2.33 EPS for the current year.

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A number of equities research analysts have recently issued reports on TMUS shares. Moffett Nathanson reissued a “neutral” rating on shares of T-Mobile US in a research note on Thursday, October 12th. Societe Generale started coverage on shares of T-Mobile US in a research note on Tuesday, October 24th. They issued a “buy” rating and a $71.00 price target on the stock. Macquarie reissued a “hold” rating and issued a $68.00 price target on shares of T-Mobile US in a research note on Tuesday, October 24th. BidaskClub raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Saturday, August 5th. Finally, Bank of America Corporation boosted their price target on shares of T-Mobile US from $34.00 to $40.00 and gave the company an “underperform” rating in a research note on Tuesday, October 24th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. T-Mobile US has a consensus rating of “Buy” and an average target price of $69.91.

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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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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