T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Ethic Inc.

Ethic Inc. raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 12.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,466 shares of the Wireless communications provider's stock after buying an additional 9,745 shares during the period. Ethic Inc.'s holdings in T-Mobile US were worth $19,969,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of TMUS. Rakuten Securities Inc. lifted its holdings in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 62 shares in the last quarter. CoreFirst Bank & Trust acquired a new stake in T-Mobile US during the 4th quarter worth approximately $28,000. Financial Life Planners acquired a new stake in T-Mobile US during the 4th quarter worth approximately $29,000. Bruce G. Allen Investments LLC lifted its holdings in T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after buying an additional 73 shares in the last quarter. Finally, Albion Financial Group UT acquired a new position in shares of T-Mobile US during the fourth quarter worth about $39,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

TMUS traded down $3.68 during trading on Friday, hitting $243.81. The stock had a trading volume of 3,278,264 shares, compared to its average volume of 4,218,482. 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 firm has a market capitalization of $276.83 billion, a P/E ratio of 25.21, a PEG ratio of 1.55 and a beta of 0.69. The company's 50-day moving average price is $256.32 and its 200 day moving average price is $242.78. T-Mobile US, Inc. has a twelve month low of $161.72 and a twelve month high of $276.49.

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 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.10. The company 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%. T-Mobile US's revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.00 EPS. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of analyst reports. Bank of America boosted their price objective on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. HSBC cut T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target on the stock. in a research note on Wednesday, March 5th. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price target for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus price target of $257.68.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction that occurred on 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 directly owns 3,291 shares of the company's stock, valued at $865,533. This trade represents a 18.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.