Liberty Square Wealth Partners LLC Acquires New Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Liberty Square Wealth Partners LLC purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,973 shares of the Wireless communications provider's stock, valued at approximately $436,000.

A number of other institutional investors and hedge funds have also modified their holdings of TMUS. Barclays PLC lifted its position in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after acquiring an additional 876,182 shares in the last quarter. Tallon Kerry Patrick acquired a new position in T-Mobile US in the 4th quarter valued at about $2,138,000. Daymark Wealth Partners LLC purchased a new position in T-Mobile US in the 4th quarter valued at about $210,000. Mutual Advisors LLC grew its holdings in shares of T-Mobile US by 0.8% during the fourth quarter. Mutual Advisors LLC now owns 8,999 shares of the Wireless communications provider's stock worth $1,942,000 after buying an additional 71 shares in the last quarter. Finally, Avior Wealth Management LLC raised its position in shares of T-Mobile US by 76.3% in the fourth quarter. Avior Wealth Management LLC now owns 3,414 shares of the Wireless communications provider's stock valued at $754,000 after buying an additional 1,478 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on TMUS. Royal Bank of Canada boosted their price target on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. UBS Group downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Tigress Financial upped their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. JPMorgan Chase & Co. boosted their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Finally, HSBC lowered shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target on the stock. in a report on Wednesday, March 5th. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, T-Mobile US presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business'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 transaction, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded up $4.19 during trading on Friday, hitting $242.61. The company had a trading volume of 1,608,202 shares, compared to its average volume of 4,211,144. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 52 week low of $168.47 and a 52 week high of $276.49. The company has a market cap of $275.47 billion, a P/E ratio of 25.09, a PEG ratio of 1.55 and a beta of 0.69. The business's 50-day moving average is $251.04 and its 200 day moving average is $243.81.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business's revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.00 EPS. Equities 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.