22,058 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Purchased by Tiptree Advisors LLC

Tiptree Advisors LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,058 shares of the Wireless communications provider's stock, valued at approximately $4,869,000. T-Mobile US makes up about 5.0% of Tiptree Advisors LLC's holdings, making the stock its 8th biggest position.

Other institutional investors have also modified their holdings of the company. Rakuten Securities Inc. lifted its holdings in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in T-Mobile US during the 4th quarter worth approximately $28,000. Financial Life Planners acquired a new stake in shares of T-Mobile US in the 4th quarter worth approximately $29,000. Pinney & Scofield Inc. purchased a new stake in T-Mobile US in the 4th quarter valued at approximately $39,000. Finally, DT Investment Partners LLC lifted its stake in T-Mobile US by 58.8% in the 4th quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider's stock valued at $42,000 after buying an additional 70 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

NASDAQ:TMUS traded down $2.21 during mid-day trading on Thursday, hitting $239.30. The company's stock had a trading volume of 3,127,368 shares, compared to its average volume of 4,221,301. T-Mobile US, Inc. has a fifty-two week low of $168.47 and a fifty-two week high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $271.71 billion, a price-to-earnings ratio of 24.75, a P/E/G ratio of 1.55 and a beta of 0.69. The stock has a fifty day moving average of $251.43 and a 200-day moving average of $243.80.

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 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 company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same quarter last year, the business posted $2.00 earnings per share. The company's revenue was up 6.6% on a year-over-year basis. As a group, equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction 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 directly owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.37% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Tigress Financial raised their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Barclays lifted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. 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 stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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.