30,700 Shares in T-Mobile US, Inc. $TMUS Bought by WINTON GROUP Ltd

Key Points

• WINTON GROUP Ltd bought 30,700 shares of T‑Mobile (NASDAQ:TMUS) in Q3, establishing a new position valued at about $7.35 million.
• Company insiders have been net sellers recently — Director Raul Marcelo Claure sold 550,000 shares (~$119.7M) and insiders have offloaded 694,134 shares (~$150.8M) in the last 90 days.
• Wall Street’s consensus is a Moderate Buy on TMUS with an average price target of $257.09; the stock trades near $221.57 and has a market cap of roughly $244 billion.

WINTON GROUP Ltd bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 30,700 shares of the Wireless communications provider's stock, valued at approximately $7,349,000.

A number of other hedge funds also recently added to or reduced their stakes in TMUS. Modera Wealth Management LLC lifted its position in T-Mobile US by 62.8% in the 2nd quarter. Modera Wealth Management LLC now owns 1,830 shares of the Wireless communications provider's stock valued at $436,000 after purchasing an additional 706 shares during the last quarter. Vestmark Advisory Solutions Inc. bought a new position in T-Mobile US in the 2nd quarter worth about $1,437,000. Wedbush Securities Inc. grew its position in T-Mobile US by 14.7% in the 2nd quarter. Wedbush Securities Inc. now owns 7,319 shares of the Wireless communications provider's stock worth $1,744,000 after purchasing an additional 940 shares during the last quarter. Penserra Capital Management LLC increased its stake in shares of T-Mobile US by 413.5% in the second quarter. Penserra Capital Management LLC now owns 33,688 shares of the Wireless communications provider's stock valued at $8,025,000 after purchasing an additional 27,127 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the second quarter valued at approximately $39,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

Shares of TMUS opened at $221.57 on Monday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. The firm's 50 day moving average is $202.78 and its 200-day moving average is $215.53. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $272.60. The stock has a market capitalization of $244.14 billion, a P/E ratio of 22.82, a P/E/G ratio of 1.43 and a beta of 0.42.

Insider Activity

In other T-Mobile US news, Director Raul Marcelo Claure sold 550,000 shares of T-Mobile US stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total value of $119,663,500.00. Following the transaction, the director owned 891,204 shares in the company, valued at approximately $193,899,254.28. The trade was a 38.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Srikant M. Datar sold 3,291 shares of the company's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total value of $727,640.10. Following the completion of the transaction, the director directly owned 1,038 shares in the company, valued at $229,501.80. This represents a 76.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 694,134 shares of company stock valued at $150,847,799 in the last ninety days. 0.37% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several analyst reports. The Goldman Sachs Group boosted their price objective on T-Mobile US from $233.00 to $254.00 and gave the stock a "buy" rating in a research report on Thursday, February 12th. Morgan Stanley decreased their target price on shares of T-Mobile US from $280.00 to $260.00 and set an "overweight" rating for the company in a research report on Wednesday, December 10th. UBS Group restated a "buy" rating on shares of T-Mobile US in a research report on Thursday, February 12th. Oppenheimer cut shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a report on Friday, November 21st. Finally, JPMorgan Chase & Co. reissued a "buy" rating on shares of T-Mobile US in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $257.09.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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