CrestPoint Capital Management LLC decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,000 shares of the Wireless communications provider’s stock after selling 100 shares during the period. CrestPoint Capital Management LLC’s holdings in T-Mobile US were worth $303,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Proficio Capital Partners LLC boosted its stake in T-Mobile US by 23.8% in the first quarter. Proficio Capital Partners LLC now owns 1,592 shares of the Wireless communications provider’s stock worth $108,000 after buying an additional 306 shares during the last quarter. Fifth Third Bancorp boosted its stake in T-Mobile US by 64.8% in the first quarter. Fifth Third Bancorp now owns 1,730 shares of the Wireless communications provider’s stock worth $112,000 after buying an additional 680 shares during the last quarter. D. Scott Neal Inc. purchased a new stake in T-Mobile US during the second quarter worth approximately $116,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in T-Mobile US by 62.5% in the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,950 shares of the Wireless communications provider’s stock worth $126,000 after buying an additional 750 shares during the last quarter. Finally, NEXT Financial Group Inc boosted its stake in T-Mobile US by 233.3% in the first quarter. NEXT Financial Group Inc now owns 2,000 shares of the Wireless communications provider’s stock worth $135,000 after buying an additional 1,400 shares during the last quarter. 36.69% of the stock is owned by institutional investors.
Shares of T-Mobile US, Inc. (TMUS) opened at 61.12 on Friday. The company’s 50-day moving average is $62.85 and its 200 day moving average is $63.09. T-Mobile US, Inc. has a 52-week low of $44.29 and a 52-week high of $68.88. The firm has a market cap of $50.78 billion, a price-to-earnings ratio of 31.39 and a beta of 0.51.
T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, July 19th. The Wireless communications provider reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.29. The company had revenue of $10.21 billion during the quarter, compared to the consensus estimate of $9.82 billion. T-Mobile US had a net margin of 5.19% and a return on equity of 8.81%. T-Mobile US’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.25 EPS. On average, analysts expect that T-Mobile US, Inc. will post $2.23 earnings per share for the current fiscal year.
A number of equities research analysts recently commented on the stock. SunTrust Banks, Inc. assumed coverage on shares of T-Mobile US in a research report on Tuesday, April 18th. They set a “buy” rating and a $76.00 target price for the company. Deutsche Bank AG cut shares of T-Mobile US from a “buy” rating to a “hold” rating and raised their price target for the stock from $38.31 to $63.50 in a report on Thursday, April 6th. Jefferies Group LLC raised their price target on shares of T-Mobile US from $71.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, April 25th. Zacks Investment Research cut shares of T-Mobile US from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Finally, Wells Fargo & Company reaffirmed an “outperform” rating on shares of T-Mobile US in a report on Wednesday, April 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. T-Mobile US presently has a consensus rating of “Buy” and a consensus price target of $67.70.
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