Jefferies Financial Group Inc. Increases Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Jefferies Financial Group Inc. grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,480 shares of the Wireless communications provider's stock after buying an additional 3,350 shares during the period. Jefferies Financial Group Inc.'s holdings in T-Mobile US were worth $8,273,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TMUS. Barclays PLC grew its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after buying an additional 876,182 shares in the last quarter. Tallon Kerry Patrick bought a new stake in shares of T-Mobile US in the 4th quarter worth approximately $2,138,000. Avior Wealth Management LLC lifted its holdings in shares of T-Mobile US by 76.3% in the 4th quarter. Avior Wealth Management LLC now owns 3,414 shares of the Wireless communications provider's stock worth $754,000 after acquiring an additional 1,478 shares during the last quarter. Tributary Capital Management LLC bought a new stake in shares of T-Mobile US in the 4th quarter worth approximately $221,000. Finally, Stewardship Advisors LLC lifted its holdings in shares of T-Mobile US by 11.2% in the 4th quarter. Stewardship Advisors LLC now owns 1,095 shares of the Wireless communications provider's stock worth $242,000 after acquiring an additional 110 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following 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 document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.37% of the company's stock.

Analyst Ratings Changes

TMUS has been the subject of a number of recent analyst reports. Tigress Financial upped their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. HSBC lowered shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Royal Bank of Canada upped their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Oppenheimer upped their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Finally, UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. 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 company. According to data from MarketBeat.com, T-Mobile US currently has an average rating of "Moderate Buy" and a consensus target price of $257.68.

T-Mobile US Stock Up 1.4%

Shares of NASDAQ:TMUS traded up $3.31 during midday trading on Friday, reaching $242.61. The company's stock had a trading volume of 8,312,961 shares, compared to its average volume of 4,229,704. The firm has a 50 day moving average of $250.72 and a 200-day moving average of $243.83. The firm 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 quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12-month low of $169.76 and a 12-month 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 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company's revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.00 EPS. On average, research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US 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.