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CrestPoint Capital Management LLC Has $303,000 Position in T-Mobile US, Inc. (TMUS)
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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.
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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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