Nisa Investment Advisors LLC lessened its stake in T-Mobile Us Inc (NASDAQ:TMUS) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,800 shares of the Wireless communications provider’s stock after selling 900 shares during the quarter. Nisa Investment Advisors LLC’s holdings in T-Mobile Us were worth $5,140,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Zions Bancorporation bought a new stake in shares of T-Mobile Us in the third quarter worth $102,000. NEXT Financial Group Inc bought a new stake in shares of T-Mobile Us in the third quarter worth $105,000. Daiwa SB Investments Ltd. lifted its position in shares of T-Mobile Us by 12.2% in the fourth quarter. Daiwa SB Investments Ltd. now owns 1,560 shares of the Wireless communications provider’s stock worth $99,000 after purchasing an additional 170 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in shares of T-Mobile Us in the third quarter worth $111,000. Finally, Arrow Financial Corp bought a new stake in shares of T-Mobile Us in the third quarter worth $175,000. Institutional investors own 32.83% of the company’s stock.
Several analysts have issued reports on TMUS shares. BTIG Research upped their price target on shares of T-Mobile Us to $91.00 and gave the stock a “buy” rating in a research report on Friday. BidaskClub lowered shares of T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, January 16th. UBS Group reaffirmed a “buy” rating and set a $80.00 price target on shares of T-Mobile Us in a research report on Wednesday, January 16th. HSBC reaffirmed a “buy” rating and set a $76.00 price target on shares of T-Mobile Us in a research report on Monday, January 14th. Finally, Zacks Investment Research lowered shares of T-Mobile Us from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 10th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $76.07.
T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.08. T-Mobile Us had a net margin of 11.63% and a return on equity of 11.44%. The business had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.73 billion. During the same period in the prior year, the company posted $0.63 earnings per share. T-Mobile Us’s revenue was up 8.2% compared to the same quarter last year. On average, analysts predict that T-Mobile Us Inc will post 3.33 EPS for the current year.
In other T-Mobile Us news, EVP David R. Carey sold 2,000 shares of the stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $70.01, for a total transaction of $140,020.00. Following the sale, the executive vice president now directly owns 202,851 shares in the company, valued at $14,201,598.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO G Michael Sievert sold 10,228 shares of the stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $67.90, for a total transaction of $694,481.20. Following the sale, the chief operating officer now owns 431,890 shares in the company, valued at $29,325,331. The disclosure for this sale can be found here. Insiders sold 72,420 shares of company stock worth $5,050,065 over the last 90 days. 0.37% of the stock is currently owned by corporate insiders.
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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 72.6 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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