Neville Rodie & Shaw Inc. Buys 1,665 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Neville Rodie & Shaw Inc. raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 4.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,445 shares of the Wireless communications provider's stock after acquiring an additional 1,665 shares during the quarter. Neville Rodie & Shaw Inc.'s holdings in T-Mobile US were worth $10,254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. Tallon Kerry Patrick bought a new stake in T-Mobile US during the 4th quarter worth approximately $2,138,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of T-Mobile US by 1.5% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider's stock valued at $735,000 after purchasing an additional 50 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in shares of T-Mobile US in the 4th quarter valued at $813,000. Nilsine Partners LLC boosted its stake in shares of T-Mobile US by 89.1% in the 4th quarter. Nilsine Partners LLC now owns 5,623 shares of the Wireless communications provider's stock valued at $1,241,000 after purchasing an additional 2,650 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its position in T-Mobile US by 6.3% during the 4th quarter. Perigon Wealth Management LLC now owns 3,636 shares of the Wireless communications provider's stock valued at $785,000 after buying an additional 215 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction that occurred on 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 owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.37% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a research report on Friday, March 14th. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Wells Fargo & Company reiterated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price objective for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, Royal Bank of Canada raised 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. Eleven investment 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. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and an average price target of $257.68.

T-Mobile US Stock Performance

Shares of TMUS traded up $3.31 on Friday, reaching $242.61. The company's stock had a trading volume of 8,312,961 shares, compared to its average volume of 4,211,814. 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 $275.47 billion, a P/E ratio of 25.09, a PEG ratio of 1.55 and a beta of 0.69. The stock's 50 day simple moving average is $250.72 and its two-hundred day simple moving average is $243.85. T-Mobile US, Inc. has a 12-month low of $171.18 and a 12-month 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, topping analysts' consensus estimates 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 company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter last year, the firm posted $2.00 earnings per share. The firm's revenue was up 6.6% compared to the same quarter last year. Research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

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.