GTS Securities LLC Sells 39,403 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

GTS Securities LLC lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 89.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,623 shares of the Wireless communications provider's stock after selling 39,403 shares during the quarter. GTS Securities LLC's holdings in T-Mobile US were worth $1,020,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TMUS. Ancora Advisors LLC increased its position in shares of T-Mobile US by 16.6% during the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after purchasing an additional 37 shares in the last quarter. Snowden Capital Advisors LLC increased its position in shares of T-Mobile US by 0.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after purchasing an additional 40 shares in the last quarter. Signaturefd LLC increased its position in shares of T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after purchasing an additional 41 shares in the last quarter. Continuum Advisory LLC increased its position in shares of T-Mobile US by 0.7% during the 4th quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock worth $1,340,000 after purchasing an additional 43 shares in the last quarter. Finally, JSF Financial LLC increased its position in shares of T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock worth $1,117,000 after purchasing an additional 44 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

T-Mobile US stock traded up $4.46 during mid-day trading on Friday, hitting $242.88. 1,218,487 shares of the company's stock traded hands, compared to its average volume of 4,209,675. The firm has a 50 day simple moving average of $251.04 and a two-hundred day simple moving average of $243.81. T-Mobile US, Inc. has a fifty-two week low of $168.47 and a fifty-two week high of $276.49. The stock has a market cap of $275.77 billion, a price-to-earnings ratio of 25.08, a P/E/G ratio of 1.55 and a beta of 0.69. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter last year, the firm posted $2.00 EPS. The company's quarterly revenue was up 6.6% on a year-over-year basis. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TMUS. Bank of America increased their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Oppenheimer increased their price objective 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. JPMorgan Chase & Co. increased their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a report on Tuesday, March 18th. Finally, Barclays increased their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Eleven equities research 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, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

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.