Plancorp LLC Purchases New Position in T-Mobile US, Inc. $TMUS

Plancorp LLC purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,049 shares of the Wireless communications provider's stock, valued at approximately $280,000.

Several other hedge funds also recently made changes to their positions in TMUS. Fiduciary Trust Co grew its position in shares of T-Mobile US by 6.3% in the fourth quarter. Fiduciary Trust Co now owns 9,126 shares of the Wireless communications provider's stock valued at $2,014,000 after purchasing an additional 540 shares in the last quarter. Focus Partners Wealth grew its position in shares of T-Mobile US by 7.4% in the fourth quarter. Focus Partners Wealth now owns 11,785 shares of the Wireless communications provider's stock valued at $2,635,000 after purchasing an additional 808 shares in the last quarter. Guardian Wealth Advisors LLC NC purchased a new position in shares of T-Mobile US in the fourth quarter valued at $252,000. KKM Financial LLC purchased a new position in shares of T-Mobile US in the fourth quarter valued at $209,000. Finally, Jefferies Financial Group Inc. grew its position in shares of T-Mobile US by 9.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 37,480 shares of the Wireless communications provider's stock valued at $8,273,000 after purchasing an additional 3,350 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TMUS has been the subject of several research analyst reports. Royal Bank Of Canada lifted their price objective on T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Arete Research raised T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. Bank of America initiated coverage on T-Mobile US in a research note on Monday, July 7th. They set a "neutral" rating and a $255.00 price objective for the company. KeyCorp reissued an "underweight" rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Finally, Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and an average price target of $258.02.

T-Mobile US Price Performance

TMUS stock traded down $2.34 during mid-day trading on Wednesday, hitting $240.38. 4,941,992 shares of the stock were exchanged, compared to its average volume of 3,674,868. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The business has a fifty day moving average price of $243.20 and a 200 day moving average price of $247.14. T-Mobile US, Inc. has a 12 month low of $194.41 and a 12 month high of $276.49. The stock has a market capitalization of $270.53 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 1.33 and a beta of 0.61.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.49 earnings per share. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the transaction, the director owned 647,660,844 shares in the company, valued at approximately $154,195,093,739.52. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 2,697,770 shares of company stock valued at $644,688,968 in the last quarter. 0.37% of the stock is currently owned by insiders.

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.