T-Mobile US, Inc. (TMUS) Holdings Trimmed by GRATRY & Co LLC

GRATRY & Co LLC trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 19.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,215 shares of the Wireless communications provider’s stock after selling 2,400 shares during the quarter. GRATRY & Co LLC’s holdings in T-Mobile US were worth $619,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Janus Henderson Group PLC increased its position in shares of T-Mobile US by 12,230.1% in the 2nd quarter. Janus Henderson Group PLC now owns 4,479,412 shares of the Wireless communications provider’s stock valued at $271,542,000 after purchasing an additional 4,443,083 shares during the last quarter. Paulson & CO. Inc. purchased a new position in shares of T-Mobile US in the 1st quarter valued at $267,409,000. Capital World Investors grew its position in shares of T-Mobile US by 158.7% in the 2nd quarter. Capital World Investors now owns 3,867,024 shares of the Wireless communications provider’s stock valued at $234,419,000 after buying an additional 2,372,024 shares during the last quarter. Prudential Financial Inc. grew its position in shares of T-Mobile US by 3,877.3% in the 2nd quarter. Prudential Financial Inc. now owns 1,587,360 shares of the Wireless communications provider’s stock valued at $96,226,000 after buying an additional 1,547,450 shares during the last quarter. Finally, BlackRock Inc. grew its position in shares of T-Mobile US by 10.9% in the 2nd quarter. BlackRock Inc. now owns 15,334,976 shares of the Wireless communications provider’s stock valued at $929,608,000 after buying an additional 1,502,636 shares during the last quarter. Institutional investors own 34.77% of the company’s stock.

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A number of research analysts recently commented on TMUS shares. BidaskClub raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Saturday, August 5th. UBS AG reiterated a “buy” rating and set a $80.00 price target on shares of T-Mobile US in a research note on Saturday, July 22nd. William Blair reiterated a “buy” rating on shares of T-Mobile US in a research note on Saturday, July 22nd. Jefferies Group LLC reiterated a “buy” rating and set a $80.00 price target on shares of T-Mobile US in a research note on Saturday, July 22nd. Finally, Cowen and Company reiterated a “buy” rating and set a $70.00 price target on shares of T-Mobile US in a research note on Friday, August 25th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $70.02.

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) traded down 0.73% during trading on Friday, hitting $60.83. The stock had a trading volume of 723,994 shares. T-Mobile US, Inc. has a 1-year low of $45.90 and a 1-year high of $68.88. The company has a market capitalization of $50.55 billion, a price-to-earnings ratio of 25.78 and a beta of 0.40. The firm has a 50 day moving average of $62.76 and a 200 day moving average of $63.80.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 19th. The Wireless communications provider reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.29. The firm had revenue of $10.21 billion for the quarter, compared to analyst estimates of $9.82 billion. T-Mobile US had a return on equity of 8.66% and a net margin of 5.19%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.25 EPS. Analysts expect that T-Mobile US, Inc. will post $2.27 EPS for the current fiscal year.

About T-Mobile US

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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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