Siemens Fonds Invest GmbH Purchases 9,411 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Siemens Fonds Invest GmbH lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 28.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,156 shares of the Wireless communications provider's stock after purchasing an additional 9,411 shares during the period. Siemens Fonds Invest GmbH's holdings in T-Mobile US were worth $9,305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new stake in T-Mobile US during the fourth quarter valued at about $1,802,393,000. Canada Pension Plan Investment Board lifted its position in shares of T-Mobile US by 85.5% in 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 acquiring an additional 2,777,657 shares in the last quarter. Raymond James Financial Inc. acquired a new position in T-Mobile US in the 4th quarter worth approximately $452,721,000. Capital International Investors boosted its stake in T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares during the period. Finally, Deutsche Bank AG grew its position in T-Mobile US by 38.8% during the 4th quarter. Deutsche Bank AG now owns 3,465,534 shares of the Wireless communications provider's stock worth $764,947,000 after purchasing an additional 968,444 shares in the last quarter. Institutional investors and hedge funds 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 business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.37% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on TMUS. 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 report on Wednesday, March 5th. Hsbc Global Res downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Royal Bank of Canada raised their price objective on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Friday, March 21st. Bank of America upped their target price on T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Finally, Oppenheimer raised their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $257.68.

T-Mobile US Stock Up 1.4%

Shares of TMUS traded up $3.31 during mid-day trading on Friday, hitting $242.61. 8,312,919 shares of the company's stock were exchanged, compared to its average volume of 4,237,591. The stock has a market cap of $275.47 billion, a price-to-earnings ratio of 25.09, a P/E/G ratio of 1.55 and a beta of 0.69. The firm has a fifty day moving average of $251.04 and a two-hundred day moving average of $243.81. 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 twelve month low of $168.47 and a twelve month high of $276.49.

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, topping the consensus estimate 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 firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same period in the prior year, the business posted $2.00 earnings per share. The business's quarterly revenue was up 6.6% on a year-over-year basis. On average, sell-side analysts forecast 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.