T-Mobile Us Inc (NASDAQ:TMUS) Shares Sold by Ingalls & Snyder LLC

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Ingalls & Snyder LLC reduced its position in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,716 shares of the Wireless communications provider’s stock after selling 187 shares during the period. Ingalls & Snyder LLC’s holdings in T-Mobile Us were worth $2,644,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of TMUS. Appleton Partners Inc. MA increased its position in T-Mobile Us by 19.3% in the fourth quarter. Appleton Partners Inc. MA now owns 19,863 shares of the Wireless communications provider’s stock worth $1,558,000 after buying an additional 3,210 shares during the period. Advisors Capital Management LLC increased its position in T-Mobile Us by 1.4% in the fourth quarter. Advisors Capital Management LLC now owns 46,951 shares of the Wireless communications provider’s stock worth $3,682,000 after buying an additional 668 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA increased its position in T-Mobile Us by 15.4% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 20,540 shares of the Wireless communications provider’s stock worth $1,611,000 after buying an additional 2,735 shares during the period. LGT Capital Partners LTD. increased its position in T-Mobile Us by 7.8% in the fourth quarter. LGT Capital Partners LTD. now owns 318,150 shares of the Wireless communications provider’s stock worth $24,949,000 after buying an additional 23,100 shares during the period. Finally, Chesley Taft & Associates LLC increased its position in T-Mobile Us by 1.5% in the fourth quarter. Chesley Taft & Associates LLC now owns 41,365 shares of the Wireless communications provider’s stock worth $3,244,000 after buying an additional 605 shares during the period. 33.82% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have weighed in on the company. Royal Bank of Canada reaffirmed a “buy” rating and issued a $94.00 target price on shares of T-Mobile Us in a research report on Tuesday, October 29th. Cowen dropped their target price on T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 29th. Nomura raised T-Mobile Us from a “neutral” rating to a “buy” rating and increased their target price for the stock from $88.00 to $96.00 in a research report on Tuesday, January 7th. UBS Group reaffirmed a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, November 19th. Finally, HSBC set a $86.00 target price on T-Mobile Us and gave the stock a “hold” rating in a research report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $92.08.

NASDAQ:TMUS opened at $80.27 on Thursday. T-Mobile Us Inc has a 1 year low of $65.56 and a 1 year high of $85.22. The stock has a market cap of $68.17 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 1.29 and a beta of 0.36. The business has a fifty day moving average of $77.69 and a 200-day moving average of $78.52. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.59 and a current ratio of 0.66.

T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings results on Monday, October 28th. The Wireless communications provider reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.05. T-Mobile Us had a return on equity of 14.21% and a net margin of 7.53%. The company had revenue of $11.06 billion during the quarter, compared to analysts’ expectations of $11.33 billion. During the same quarter in the prior year, the business posted $0.93 earnings per share. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. On average, equities research analysts predict that T-Mobile Us Inc will post 4.47 EPS for the current 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 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

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Institutional Ownership by Quarter for T-Mobile Us (NASDAQ:TMUS)

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