AEGON ASSET MANAGEMENT UK Plc Has $26.74 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

AEGON ASSET MANAGEMENT UK Plc lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 4.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,328 shares of the Wireless communications provider's stock after selling 4,969 shares during the period. AEGON ASSET MANAGEMENT UK Plc's holdings in T-Mobile US were worth $26,740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. Geode Capital Management LLC lifted its position in shares of T-Mobile US by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock worth $2,610,542,000 after buying an additional 90,755 shares during the period. Invesco Ltd. raised its stake in T-Mobile US by 4.6% during the fourth quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider's stock worth $1,944,503,000 after acquiring an additional 384,956 shares in the last quarter. Norges Bank bought a new position in shares of T-Mobile US during the fourth quarter valued at $1,802,393,000. Capital International Investors grew its holdings in shares of T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its position in shares of T-Mobile US by 85.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock worth $1,329,919,000 after purchasing an additional 2,777,657 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

T-Mobile US Trading Up 1.2%

Shares of TMUS stock traded up $2.94 on Thursday, hitting $244.90. The stock had a trading volume of 2,852,435 shares, compared to its average volume of 4,168,042. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a twelve month low of $171.18 and a twelve month high of $276.49. The company has a fifty day moving average price of $249.38 and a two-hundred day moving average price of $243.93. The firm has a market cap of $278.07 billion, a P/E ratio of 25.33, a PEG ratio of 1.55 and a beta of 0.69.

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

Analyst Upgrades and Downgrades

TMUS has been the topic of several research analyst reports. Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Benchmark reiterated a "buy" rating and issued a $275.00 price objective on shares of T-Mobile US in a research report on Thursday, March 27th. Hsbc Global Res lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Finally, Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research note on Friday, March 14th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Company 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.