DSG Capital Advisors LLC Invests $4.22 Million in T-Mobile US, Inc. (NASDAQ:TMUS)

DSG Capital Advisors LLC acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 19,108 shares of the Wireless communications provider's stock, valued at approximately $4,218,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 111 Capital acquired a new position in shares of T-Mobile US in the 4th quarter valued at approximately $4,213,000. Wealth Enhancement Advisory Services LLC grew its position in shares of T-Mobile US by 9.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 553,174 shares of the Wireless communications provider's stock worth $122,102,000 after acquiring an additional 46,889 shares in the last quarter. Centaurus Financial Inc. increased its holdings in shares of T-Mobile US by 3.9% in the 4th quarter. Centaurus Financial Inc. now owns 6,347 shares of the Wireless communications provider's stock valued at $1,401,000 after acquiring an additional 239 shares during the last quarter. Old North State Trust LLC increased its holdings in shares of T-Mobile US by 9.2% in the 4th quarter. Old North State Trust LLC now owns 3,972 shares of the Wireless communications provider's stock valued at $877,000 after acquiring an additional 335 shares during the last quarter. Finally, Dogwood Wealth Management LLC raised its position in shares of T-Mobile US by 8.4% during the 4th quarter. Dogwood Wealth Management LLC now owns 2,760 shares of the Wireless communications provider's stock valued at $609,000 after acquiring an additional 215 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

TMUS traded up $3.31 on Friday, reaching $242.61. The company had a trading volume of 8,312,961 shares, compared to its average volume of 4,211,814. The company has a market capitalization of $275.47 billion, a P/E ratio of 25.09, a PEG ratio of 1.55 and a beta of 0.69. 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 company has a fifty day moving average of $250.72 and a 200-day moving average of $243.85. T-Mobile US, Inc. has a one year low of $171.18 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (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 analysts' expectations of $20.67 billion. During the same period last year, the firm posted $2.00 earnings per share. The business's revenue was up 6.6% on a year-over-year basis. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. This represents a 18.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.37% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on TMUS. Citigroup downgraded 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 report on Friday, March 14th. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. 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. Finally, Barclays upped their target price on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Eleven 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's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average 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.