Napa Wealth Management Raises Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Napa Wealth Management boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 128.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,031 shares of the Wireless communications provider’s stock after purchasing an additional 7,319 shares during the period. T-Mobile US comprises 1.2% of Napa Wealth Management’s portfolio, making the stock its 13th largest position. Napa Wealth Management’s holdings in T-Mobile US were worth $2,876,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TMUS. Ancora Advisors LLC lifted its holdings in T-Mobile US by 16.6% during the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider’s stock worth $57,000 after buying an additional 37 shares during the last quarter. Signaturefd LLC lifted its holdings in T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock worth $2,499,000 after buying an additional 41 shares during the last quarter. JSF Financial LLC lifted its holdings in T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after buying an additional 44 shares during the last quarter. D Orazio & Associates Inc. lifted its holdings in T-Mobile US by 3.7% during the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after buying an additional 47 shares during the last quarter. Finally, Warren Street Wealth Advisors LLC lifted its holdings in T-Mobile US by 4.3% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after buying an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research analyst reports. Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Bank of America increased their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Tigress Financial increased their price target on T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research report on Tuesday, April 29th. Scotiabank upgraded T-Mobile US from a “sector perform” rating to a “sector outperform” rating and increased their price target for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. Finally, Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Ten analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $257.68.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS opened at $240.32 on Tuesday. The stock has a fifty day moving average price of $255.88 and a two-hundred day moving average price of $242.88. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market cap of $272.87 billion, a P/E ratio of 24.85, a PEG ratio of 1.55 and a beta of 0.69. T-Mobile US, Inc. has a 1 year low of $161.72 and a 1 year high of $276.49.

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

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the 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 directly owns 3,291 shares of the company’s stock, valued at approximately $865,533. This trade represents a 18.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Company 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.