T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,170 shares of the Wireless communications provider's stock after acquiring an additional 1,038 shares during the period. Cetera Investment Advisers' holdings in T-Mobile US were worth $21,448,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ancora Advisors LLC lifted its stake in shares of T-Mobile US by 16.6% during the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after buying an additional 37 shares in the last quarter. Signaturefd LLC boosted its stake in shares of T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after acquiring an additional 41 shares during the period. JSF Financial LLC raised its stake in T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after purchasing an additional 44 shares during the period. D Orazio & Associates Inc. grew its holdings in T-Mobile US by 3.7% during the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after buying an additional 47 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC raised its position in shares of 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 buying an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on TMUS. Barclays boosted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their target price for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target on the stock. in a research report on Wednesday, March 5th. Hsbc Global Res cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Finally, Oppenheimer upped their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Ten equities research 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 company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Stock Down 1.4%

Shares of NASDAQ TMUS traded down $3.49 during midday trading on Monday, reaching $240.32. 5,371,276 shares of the company's stock traded hands, compared to its average volume of 4,223,100. The company has a market cap of $272.87 billion, a price-to-earnings ratio of 24.85, a P/E/G ratio of 1.55 and a beta of 0.69. The stock's 50 day simple moving average is $256.32 and its 200-day simple moving average is $242.78. 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, Inc. has a one year low of $161.72 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The business had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company's revenue was up 6.6% compared to the same quarter last year. During the same period last year, the business earned $2.00 EPS. On average, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.67% of the company's stock.

About T-Mobile US

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.