T-Mobile US, Inc. (NASDAQ:TMUS) Stock Position Increased by American National Bank

American National Bank raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) by 122.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 256 shares of the Wireless communications provider’s stock after purchasing an additional 141 shares during the period. American National Bank’s holdings in T-Mobile US were worth $36,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of T-Mobile US by 2.0% in the third quarter. Vanguard Group Inc. now owns 48,808,589 shares of the Wireless communications provider’s stock worth $6,548,648,000 after purchasing an additional 978,130 shares in the last quarter. State Street Corp grew its position in T-Mobile US by 1.7% in the 3rd quarter. State Street Corp now owns 24,087,625 shares of the Wireless communications provider’s stock valued at $3,231,837,000 after buying an additional 405,082 shares in the last quarter. FMR LLC increased its stake in T-Mobile US by 1.1% during the 2nd quarter. FMR LLC now owns 20,545,642 shares of the Wireless communications provider’s stock valued at $2,764,211,000 after buying an additional 221,845 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of T-Mobile US by 2.7% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 20,381,357 shares of the Wireless communications provider’s stock worth $2,738,186,000 after buying an additional 534,654 shares in the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in shares of T-Mobile US by 9.6% in the 3rd quarter. Neuberger Berman Group LLC now owns 8,825,756 shares of the Wireless communications provider’s stock worth $1,184,850,000 after acquiring an additional 773,622 shares during the period. Institutional investors own 42.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TMUS. The Goldman Sachs Group set a $180.00 price objective on shares of T-Mobile US in a research note on Tuesday, January 10th. Morgan Stanley cut their price objective on T-Mobile US from $180.00 to $175.00 and set an “overweight” rating for the company in a report on Thursday, December 15th. Benchmark reaffirmed a “buy” rating and set a $197.00 target price on shares of T-Mobile US in a report on Thursday. Wolfe Research cut shares of T-Mobile US from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 3rd. Finally, Credit Suisse Group set a $175.00 price objective on shares of T-Mobile US in a research report on Friday, December 9th. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $180.17.

Insider Buying and Selling at T-Mobile US

In other news, Director Teresa Taylor sold 11,000 shares of the stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $147.63, for a total value of $1,623,930.00. Following the completion of the sale, the director now directly owns 23,202 shares of the company’s stock, valued at $3,425,311.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Teresa Taylor sold 11,000 shares of the business’s stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $147.63, for a total transaction of $1,623,930.00. Following the transaction, the director now directly owns 23,202 shares in the company, valued at approximately $3,425,311.26. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Dara Bazzano sold 2,212 shares of the company’s stock in a transaction on Monday, March 6th. The stock was sold at an average price of $143.61, for a total transaction of $317,665.32. Following the completion of the transaction, the chief accounting officer now directly owns 9,826 shares in the company, valued at $1,411,111.86. The disclosure for this sale can be found here. Insiders have sold a total of 94,380 shares of company stock valued at $13,475,440 in the last 90 days. 0.68% of the stock is currently owned by corporate insiders.

T-Mobile US Trading Up 0.7 %

NASDAQ TMUS opened at $142.45 on Friday. The firm’s 50 day moving average price is $145.41 and its two-hundred day moving average price is $143.60. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.69 and a current ratio of 0.77. T-Mobile US, Inc. has a twelve month low of $120.90 and a twelve month high of $154.38. The stock has a market cap of $173.70 billion, a price-to-earnings ratio of 69.15, a PEG ratio of 0.67 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS – Get Rating) last issued its quarterly earnings results on Wednesday, February 1st. The Wireless communications provider reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.08. The business had revenue of $20.27 billion for the quarter, compared to the consensus estimate of $20.66 billion. T-Mobile US had a return on equity of 6.43% and a net margin of 3.26%. T-Mobile US’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 earnings per share. Equities analysts anticipate that T-Mobile US, Inc. will post 6.69 EPS for the current year.

T-Mobile US Company Profile

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T-Mobile US, Inc engages in the provision of wireless communications services under the T-Mobile and MetroPCS brands. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services. The company was founded in 1994 and is headquartered in Bellevue, WA.