Brucke Financial Inc. Acquires Shares of 2,640 T-Mobile US, Inc. (NASDAQ:TMUS)

Brucke Financial Inc. purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,640 shares of the Wireless communications provider's stock, valued at approximately $615,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TMUS. Jefferies Financial Group Inc. raised its holdings in T-Mobile US by 9.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 37,480 shares of the Wireless communications provider's stock valued at $8,273,000 after buying an additional 3,350 shares during the last quarter. Tiptree Advisors LLC purchased a new stake in shares of T-Mobile US during the fourth quarter worth about $4,869,000. Capital A Wealth Management LLC purchased a new stake in shares of T-Mobile US during the fourth quarter worth about $270,000. Heck Capital Advisors LLC bought a new stake in shares of T-Mobile US in the fourth quarter worth about $1,031,000. Finally, Polar Asset Management Partners Inc. increased its holdings in T-Mobile US by 144.3% during the 4th quarter. Polar Asset Management Partners Inc. now owns 204,000 shares of the Wireless communications provider's stock valued at $45,029,000 after purchasing an additional 120,500 shares during the period. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

TMUS has been the subject of several research analyst reports. Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Bank of America upped their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Finally, Benchmark reaffirmed a "buy" rating and set a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $257.68.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

TMUS traded up $3.31 during trading on Friday, reaching $242.61. 8,312,961 shares of the company's stock were exchanged, compared to its average volume of 4,192,509. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1 year low of $167.13 and a 1 year high of $276.49. The company's fifty day simple moving average is $251.04 and its 200-day simple moving average is $243.81. The stock has a market capitalization of $275.47 billion, a P/E 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 earnings per share for the quarter, beating analysts' consensus estimates 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 analyst estimates of $20.67 billion. During the same quarter last year, the business posted $2.00 EPS. The company's revenue was up 6.6% on a year-over-year basis. As a group, research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

About T-Mobile US

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.