Unigestion Holding SA Acquires 24,195 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Unigestion Holding SA grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 18.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 158,703 shares of the Wireless communications provider's stock after acquiring an additional 24,195 shares during the quarter. T-Mobile US accounts for approximately 2.5% of Unigestion Holding SA's investment portfolio, making the stock its 12th biggest position. Unigestion Holding SA's holdings in T-Mobile US were worth $42,299,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TMUS. Ancora Advisors LLC increased its holdings in T-Mobile US by 16.6% in the fourth 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 holdings in shares of T-Mobile US by 0.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock valued at $1,411,000 after acquiring an additional 40 shares in the last quarter. Signaturefd LLC increased its holdings in shares of T-Mobile US by 0.4% during the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after acquiring an additional 41 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of T-Mobile US by 0.7% during the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock valued at $1,340,000 after buying an additional 43 shares during the last quarter. Finally, JSF Financial LLC boosted its position in shares of T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after buying an additional 44 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS traded up $2.94 on Thursday, hitting $244.90. The company's stock had a trading volume of 2,836,807 shares, compared to its average volume of 4,168,029. The company has a 50-day simple moving average of $249.38 and a 200 day simple moving average of $243.93. T-Mobile US, Inc. has a 1 year low of $171.18 and a 1 year high of $276.49. The company has a market capitalization of $278.07 billion, a PE ratio of 25.33, a PEG 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 data on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The company's revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.00 EPS. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on TMUS shares. Tigress Financial boosted their price objective on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Royal Bank of Canada boosted 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. Finally, JPMorgan Chase & Co. boosted their price objective 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. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average 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.