T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Rafferty Asset Management LLC

Rafferty Asset Management LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,635 shares of the Wireless communications provider’s stock after acquiring an additional 3,961 shares during the period. Rafferty Asset Management LLC’s holdings in T-Mobile US were worth $22,213,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Ancora Advisors LLC boosted its holdings in T-Mobile US by 16.6% in the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider’s stock valued at $57,000 after purchasing an additional 37 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of T-Mobile US by 0.4% in the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock valued at $2,499,000 after buying an additional 41 shares during the period. JSF Financial LLC boosted its stake in shares of T-Mobile US by 0.9% in the fourth 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. grew its holdings in T-Mobile US by 3.7% during the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after acquiring an additional 47 shares during the period. Finally, Warren Street Wealth Advisors LLC raised its position in T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock valued at $252,000 after acquiring an additional 47 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on TMUS. Citigroup cut shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price objective on the stock. in a research note on Friday, March 14th. Royal Bank of Canada raised their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a research report on Friday, March 21st. Oppenheimer lifted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 31st. JPMorgan Chase & Co. increased 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 note on Tuesday, March 18th. Finally, Benchmark restated a “buy” rating and issued a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Ten investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $257.68.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Stock Up 2.1%

Shares of NASDAQ TMUS opened at $240.16 on Friday. The company’s 50-day simple moving average is $254.24 and its 200-day simple moving average is $242.87. T-Mobile US, Inc. has a 52-week low of $162.15 and a 52-week high of $276.49. The firm has a market cap of $272.69 billion, a price-to-earnings ratio of 24.84, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

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

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.