180 Wealth Advisors LLC Buys 1,840 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

180 Wealth Advisors LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 20.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,760 shares of the Wireless communications provider's stock after acquiring an additional 1,840 shares during the quarter. 180 Wealth Advisors LLC's holdings in T-Mobile US were worth $2,870,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rakuten Securities Inc. increased its holdings in T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 62 shares during the last quarter. CoreFirst Bank & Trust bought a new stake in T-Mobile US in the fourth quarter valued at about $28,000. Financial Life Planners bought a new stake in T-Mobile US in the fourth quarter valued at about $29,000. Adirondack Trust Co. increased its holdings in shares of T-Mobile US by 366.7% in the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 110 shares in the last quarter. Finally, Pinney & Scofield Inc. bought a new stake in shares of T-Mobile US in the fourth quarter worth about $39,000. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

NASDAQ:TMUS traded up $2.89 during mid-day trading on Thursday, hitting $244.85. 1,295,327 shares of the stock were exchanged, compared to its average volume of 4,162,002. The stock has a market capitalization of $278.01 billion, a price-to-earnings ratio of 25.32, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The firm's 50-day simple moving average is $249.38 and its 200 day simple moving average is $243.93. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a fifty-two week low of $171.18 and a fifty-two week 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, topping 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 analysts' expectations of $20.67 billion. During the same period last year, the firm posted $2.00 EPS. The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TMUS. Royal Bank of Canada increased their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a report on Friday, March 21st. Citigroup downgraded T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a report on Friday, March 14th. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Tigress Financial increased their price target on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Finally, Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $257.68.

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.