Czech National Bank Boosts Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Czech National Bank boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 4.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 110,141 shares of the Wireless communications provider's stock after purchasing an additional 4,462 shares during the quarter. Czech National Bank's holdings in T-Mobile US were worth $29,376,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Rakuten Securities Inc. increased its position 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 worth $28,000 after buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust purchased a new position in shares of T-Mobile US in the fourth quarter worth about $28,000. Financial Life Planners purchased a new position in shares of T-Mobile US in the fourth quarter worth about $29,000. Adirondack Trust Co. raised its position 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 valued at $37,000 after purchasing an additional 110 shares during the period. Finally, Pinney & Scofield Inc. purchased a new stake in shares of T-Mobile US during the 4th quarter valued at approximately $39,000. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

TMUS stock traded up $2.72 during trading on Thursday, hitting $244.68. The company had a trading volume of 1,312,990 shares, compared to its average volume of 4,199,144. The firm has a 50-day moving average price of $249.38 and a 200-day moving average price of $243.93. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a market cap of $277.82 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. T-Mobile US, Inc. has a 1-year low of $171.18 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS 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 company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter last year, the company earned $2.00 earnings per share. T-Mobile US's quarterly revenue was up 6.6% compared to the same quarter last year. On average, analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TMUS shares. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Royal Bank of Canada boosted their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday, March 21st. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective on the stock. in a research report on Wednesday, March 5th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Finally, Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and a consensus target price 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.