Circle Wealth Management LLC Sells 1,908 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Circle Wealth Management LLC reduced its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 26.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,351 shares of the Wireless communications provider's stock after selling 1,908 shares during the quarter. Circle Wealth Management LLC's holdings in T-Mobile US were worth $1,181,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of TMUS. Ancora Advisors LLC raised its position in T-Mobile US by 16.6% during the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after acquiring an additional 37 shares in the last quarter. Signaturefd LLC lifted its holdings in T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after purchasing an additional 41 shares during the last quarter. JSF Financial LLC increased its position in T-Mobile US by 0.9% in the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after acquiring an additional 44 shares in the last quarter. D Orazio & Associates Inc. boosted its holdings in T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after acquiring an additional 47 shares during the last quarter. Finally, Warren Street Wealth Advisors LLC increased its stake in T-Mobile US by 4.3% in 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 purchasing an additional 47 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TMUS. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their target price for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. Barclays raised their price objective on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Benchmark reiterated a "buy" rating and issued a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. Bank of America increased their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Finally, Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a report on Friday, March 14th. Ten research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and an average target price of $257.68.

T-Mobile US Trading Down 1.4%

TMUS stock traded down $3.49 during trading on Monday, hitting $240.32. 5,371,134 shares of the company traded hands, compared to its average volume of 4,223,093. T-Mobile US, Inc. has a 1 year low of $161.72 and a 1 year high of $276.49. The firm has a market capitalization of $272.87 billion, a PE ratio of 24.85, a P/E/G ratio of 1.55 and a beta of 0.69. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a 50-day moving average of $256.32 and a 200-day moving average of $242.78.

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

Insider Buying and Selling at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at $865,533. This represents a 18.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.67% of the company's stock.

T-Mobile US 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 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.