UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in T-Mobile US, Inc. (NASDAQ:TMUS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 12.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,881,235 shares of the Wireless communications provider's stock after purchasing an additional 423,993 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.34% of T-Mobile US worth $856,705,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC increased its stake 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 acquiring an additional 876,182 shares in the last quarter. Gladstone Institutional Advisory LLC bought a new position in shares of T-Mobile US during the fourth quarter valued at approximately $1,552,000. Rice Partnership LLC bought a new position in shares of T-Mobile US during the fourth quarter valued at approximately $7,678,000. Exchange Traded Concepts LLC lifted its holdings in shares of T-Mobile US by 737.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock valued at $12,476,000 after purchasing an additional 49,775 shares during the last quarter. Finally, Transform Wealth LLC boosted its position in shares of T-Mobile US by 17.7% in the 4th quarter. Transform Wealth LLC now owns 54,496 shares of the Wireless communications provider's stock worth $12,029,000 after purchasing an additional 8,208 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

T-Mobile US Price Performance

NASDAQ TMUS opened at $244.25 on Tuesday. The business's fifty day moving average is $253.73 and its 200 day moving average is $243.41. T-Mobile US, Inc. has a fifty-two week low of $163.15 and a fifty-two week high of $276.49. 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 capitalization of $277.33 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69.

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

Analyst Ratings Changes

A number of brokerages have issued reports on TMUS. Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Barclays lifted their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective on the stock. in a research report on Friday, March 14th. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. Ten analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the company'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 transaction, the director now directly owns 3,291 shares in the company, valued at $865,533. This represents a 18.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.67% of the company's stock.

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.

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