University of Texas Texas AM Investment Management Co. Has $4.18 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

University of Texas Texas AM Investment Management Co. grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 75.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,939 shares of the Wireless communications provider's stock after purchasing an additional 8,120 shares during the quarter. T-Mobile US makes up about 0.5% of University of Texas Texas AM Investment Management Co.'s portfolio, making the stock its 29th biggest holding. University of Texas Texas AM Investment Management Co.'s holdings in T-Mobile US were worth $4,180,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Rakuten Securities Inc. raised its holdings in T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 62 shares during the period. CoreFirst Bank & Trust purchased a new stake in shares of T-Mobile US in the 4th quarter valued at approximately $28,000. Financial Life Planners acquired a new position in shares of T-Mobile US in the 4th quarter worth approximately $29,000. Albion Financial Group UT purchased a new position in shares of T-Mobile US during the 4th quarter worth approximately $39,000. Finally, DT Investment Partners LLC increased its holdings 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 purchasing an additional 70 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on TMUS shares. Bank of America upped their price objective 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 downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. UBS Group cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Citigroup cut T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research report on Friday, March 14th. Eleven investment 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $257.68.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of the business'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 transaction of $191,990.00. Following the sale, the director now owns 3,291 shares of the company's stock, valued at $865,533. The trade was a 18.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.37% of the company's stock.

T-Mobile US Trading Down 0.4%

NASDAQ TMUS traded down $1.09 during trading hours on Wednesday, hitting $242.27. 918,622 shares of the company's stock were exchanged, compared to its average volume of 4,233,356. T-Mobile US, Inc. has a 12-month low of $165.37 and a 12-month high of $276.49. The business's 50 day moving average is $251.72 and its 200-day moving average is $243.82. 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 firm has a market capitalization of $275.08 billion, a P/E ratio of 25.05, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued 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 for the quarter, compared to analysts' expectations of $20.67 billion. During the same quarter last year, the firm earned $2.00 earnings per share. The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

About T-Mobile US

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.