Mitchell & Pahl Private Wealth LLC Invests $1.36 Million in T-Mobile US, Inc. (NASDAQ:TMUS)

Mitchell & Pahl Private Wealth LLC purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 5,102 shares of the Wireless communications provider's stock, valued at approximately $1,361,000.

Several other large investors have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of T-Mobile US during the 4th quarter valued at $1,802,393,000. GAMMA Investing LLC boosted its holdings in shares of T-Mobile US by 29,289.4% during the 1st quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider's stock valued at $814,416,000 after buying an additional 3,043,173 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of T-Mobile US by 85.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock valued at $1,329,919,000 after buying an additional 2,777,657 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of T-Mobile US during the 4th quarter valued at $452,721,000. Finally, Capital International Investors boosted its holdings in shares of T-Mobile US by 36.2% during the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock valued at $1,440,424,000 after buying an additional 1,734,998 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. UBS Group cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target on the stock. in a research note on Friday, March 14th. HSBC lowered T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research report on Wednesday, March 5th. Finally, Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded up $2.72 during midday trading on Thursday, reaching $244.68. 1,312,990 shares of the stock traded hands, compared to its average volume of 4,199,144. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a market capitalization of $277.82 billion, a PE ratio of 25.30, a P/E/G ratio of 1.55 and a beta of 0.69. T-Mobile US, Inc. has a one year low of $171.18 and a one year high of $276.49. The company's 50 day moving average is $249.38 and its 200 day moving average is $243.93.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted 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 firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same period in the prior year, the company earned $2.00 EPS. The company's quarterly revenue was up 6.6% compared to the same quarter last year. On average, equities 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.