SGL Investment Advisors Inc. Acquires 3,303 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

SGL Investment Advisors Inc. boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 307.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,378 shares of the Wireless communications provider’s stock after acquiring an additional 3,303 shares during the quarter. SGL Investment Advisors Inc.’s holdings in T-Mobile US were worth $966,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sig Brokerage LP bought a new position in shares of T-Mobile US in the fourth quarter worth approximately $2,994,000. Sora Investors LLC purchased a new position in T-Mobile US in the 4th quarter worth approximately $9,867,000. Rafferty Asset Management LLC grew its stake in 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 worth $22,213,000 after buying an additional 3,961 shares in the last quarter. Raiffeisen Bank International AG bought a new position in shares of T-Mobile US in the 4th quarter worth $2,027,000. Finally, Point72 Europe London LLP raised its position in shares of T-Mobile US by 61.3% during the 4th quarter. Point72 Europe London LLP now owns 82,596 shares of the Wireless communications provider’s stock valued at $18,231,000 after buying an additional 31,396 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 2.1%

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

T-Mobile US (NASDAQ:TMUS) last posted its earnings results 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 firm had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.67 billion. During the same period last year, the company posted $2.00 EPS. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on TMUS. Royal Bank of Canada upped their target price on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a research report on Friday, March 21st. 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. UBS Group lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 21st. Scotiabank raised T-Mobile US from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Finally, Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Ten equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.68.

Insider Buying and Selling 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. Insiders own 0.67% of the company’s stock.

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.