Boston Common Asset Management LLC Sells 7,671 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Boston Common Asset Management LLC decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 6.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,965 shares of the Wireless communications provider's stock after selling 7,671 shares during the quarter. T-Mobile US makes up 0.9% of Boston Common Asset Management LLC's investment portfolio, making the stock its 16th largest position. Boston Common Asset Management LLC's holdings in T-Mobile US were worth $29,862,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Ancora Advisors LLC increased its holdings 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 buying an additional 37 shares during the last quarter. Snowden Capital Advisors LLC increased its holdings in T-Mobile US by 0.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock valued at $1,411,000 after buying an additional 40 shares during the last quarter. Signaturefd LLC increased its holdings in T-Mobile US by 0.4% during the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after buying an additional 41 shares during the last quarter. Continuum Advisory LLC increased its holdings in T-Mobile US by 0.7% during the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock valued at $1,340,000 after buying an additional 43 shares during the last quarter. Finally, JSF Financial LLC increased its holdings in T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after buying an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.37% of the stock is owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS traded up $3.31 during midday trading on Friday, reaching $242.61. 8,312,961 shares of the company were exchanged, compared to its average volume of 4,211,814. T-Mobile US, Inc. has a one year low of $171.18 and a one year high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The business's fifty day moving average is $250.72 and its two-hundred day moving average is $243.85. The stock has a market cap of $275.47 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released 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 net margin of 13.93% and a return on equity of 18.09%. 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 business earned $2.00 earnings per share. T-Mobile US's quarterly revenue was up 6.6% compared to the same quarter last year. As a group, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on TMUS shares. Hsbc Global Res cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. JPMorgan Chase & Co. increased their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. Barclays increased their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research note on Friday, March 14th. Finally, HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research note on Wednesday, March 5th. Eleven 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 company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average 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.