T-Mobile Us Inc (NASDAQ:TMUS) Shares Bought by NS Partners Ltd

NS Partners Ltd raised its stake in T-Mobile Us Inc (NASDAQ:TMUS) by 3.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 170,947 shares of the Wireless communications provider’s stock after buying an additional 5,260 shares during the quarter. T-Mobile Us comprises about 1.3% of NS Partners Ltd’s portfolio, making the stock its 29th biggest holding. NS Partners Ltd’s holdings in T-Mobile Us were worth $14,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Prudential Financial Inc. lifted its position in T-Mobile Us by 3.5% in the fourth quarter. Prudential Financial Inc. now owns 300,030 shares of the Wireless communications provider’s stock valued at $23,529,000 after buying an additional 10,240 shares during the last quarter. IBM Retirement Fund increased its stake in T-Mobile Us by 38.3% during the first quarter. IBM Retirement Fund now owns 9,977 shares of the Wireless communications provider’s stock worth $837,000 after purchasing an additional 2,763 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in T-Mobile Us by 22.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,570 shares of the Wireless communications provider’s stock worth $202,000 after purchasing an additional 475 shares during the period. Retirement Network purchased a new stake in T-Mobile Us during the first quarter worth about $177,000. Finally, Crossmark Global Holdings Inc. increased its stake in T-Mobile Us by 1.5% during the fourth quarter. Crossmark Global Holdings Inc. now owns 18,557 shares of the Wireless communications provider’s stock worth $1,455,000 after purchasing an additional 267 shares during the period. 23.57% of the stock is currently owned by institutional investors.

A number of analysts have issued reports on the stock. Wells Fargo & Co boosted their price target on shares of T-Mobile Us from $98.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, March 9th. Morgan Stanley assumed coverage on shares of T-Mobile Us in a research note on Friday, April 17th. They set an “overweight” rating and a $107.00 price target on the stock. Bank of America assumed coverage on shares of T-Mobile Us in a research note on Monday, March 23rd. They set a “buy” rating and a $110.00 price target on the stock. Argus boosted their price target on shares of T-Mobile Us from $93.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Finally, Nomura Securities boosted their price target on shares of T-Mobile Us from $96.00 to $102.00 in a research note on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $106.63.

T-Mobile Us stock traded up $0.80 during mid-day trading on Wednesday, hitting $101.21. The company had a trading volume of 3,754,928 shares, compared to its average volume of 5,462,093. The stock has a market cap of $124.08 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 1.54 and a beta of 0.30. T-Mobile Us Inc has a 1 year low of $63.50 and a 1 year high of $102.73. The company has a quick ratio of 0.56, a current ratio of 0.64 and a debt-to-equity ratio of 1.27. The business has a fifty day moving average of $93.23 and a 200 day moving average of $85.03.

T-Mobile Us (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, May 6th. The Wireless communications provider reported $1.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.07. The business had revenue of $11.11 billion during the quarter, compared to the consensus estimate of $11.42 billion. T-Mobile Us had a return on equity of 13.96% and a net margin of 7.80%. The company’s revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.06 earnings per share. Equities analysts anticipate that T-Mobile Us Inc will post 3.42 earnings per share for the current 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 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.

Featured Story: Using other technical indicators with support levels

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile Us Inc (NASDAQ:TMUS).

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

Receive News & Ratings for T-Mobile Us Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile Us and related companies with MarketBeat.com's FREE daily email newsletter.