944 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Purchased by Security National Bank of SO Dak

Security National Bank of SO Dak bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, Holdings Channel reports. The fund bought 944 shares of the Wireless communications provider’s stock, valued at approximately $208,000.

Other hedge funds have also added to or reduced their stakes in the company. SGL Investment Advisors Inc. increased its holdings in shares of T-Mobile US by 307.3% in the fourth quarter. SGL Investment Advisors Inc. now owns 4,378 shares of the Wireless communications provider’s stock worth $966,000 after purchasing an additional 3,303 shares during the period. Sig Brokerage LP purchased a new position in T-Mobile US during the fourth quarter worth about $2,994,000. Sora Investors LLC bought a new position in T-Mobile US in the 4th quarter worth about $9,867,000. Rafferty Asset Management LLC raised its holdings in shares of T-Mobile US by 4.1% in the 4th quarter. Rafferty Asset Management LLC now owns 100,635 shares of the Wireless communications provider’s stock valued at $22,213,000 after acquiring an additional 3,961 shares in the last quarter. Finally, Raiffeisen Bank International AG purchased a new stake in shares of T-Mobile US in the 4th quarter valued at about $2,027,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on TMUS. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. Scotiabank upgraded T-Mobile US from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. Bank of America lifted their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Finally, Citigroup lowered T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price objective on the stock. in a research report on Friday, March 14th. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $257.68.

T-Mobile US Trading Up 2.1%

NASDAQ:TMUS opened at $240.16 on Friday. The company has a 50-day moving average price of $254.24 and a 200-day moving average price of $242.87. The stock has a market cap of $272.69 billion, a price-to-earnings ratio of 24.84, a P/E/G ratio of 1.55 and a beta of 0.69. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12 month low of $162.15 and a 12 month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same period last year, the business posted $2.00 earnings per share. T-Mobile US’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. This trade represents a 18.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.67% of the stock is currently owned by corporate insiders.

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.