Two Sigma Advisers LP Has $4.07 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Two Sigma Advisers LP raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1,573.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,421 shares of the Wireless communications provider's stock after acquiring an additional 17,320 shares during the quarter. Two Sigma Advisers LP's holdings in T-Mobile US were worth $4,066,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Barclays PLC boosted its position in shares of T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Gladstone Institutional Advisory LLC bought a new position in T-Mobile US during the fourth quarter worth about $1,552,000. Rice Partnership LLC acquired a new position in shares of T-Mobile US during the 4th quarter worth about $7,678,000. Nilsine Partners LLC increased 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 acquiring an additional 2,650 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of T-Mobile US by 3.1% in the 4th quarter. Van ECK Associates Corp now owns 20,855 shares of the Wireless communications provider's stock valued at $4,603,000 after acquiring an additional 625 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

Insiders Place Their Bets

In related news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares of the company's stock, valued at $865,533. This trade represents a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.37% of the company's stock.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded up $3.58 during midday trading on Friday, reaching $242.00. The company's stock had a trading volume of 814,961 shares, compared to its average volume of 4,208,185. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a market cap of $274.78 billion, a P/E ratio of 25.01, a P/E/G ratio of 1.55 and a beta of 0.69. The business's 50 day moving average price is $251.04 and its two-hundred day moving average price is $243.81. T-Mobile US, Inc. has a fifty-two week low of $168.47 and a fifty-two week high of $276.49.

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Oppenheimer upped their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, January 31st. UBS Group downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Bank of America raised their price target on 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 lowered T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research report on Wednesday, March 5th. Finally, Barclays boosted their price target on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has a consensus rating of "Moderate Buy" and a consensus target price 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.