Vise Technologies Inc. Has $2.56 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Vise Technologies Inc. lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 30.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,615 shares of the Wireless communications provider's stock after purchasing an additional 2,732 shares during the quarter. Vise Technologies Inc.'s holdings in T-Mobile US were worth $2,564,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Barclays PLC boosted its position in T-Mobile US by 38.3% during 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 during the last quarter. Gladstone Institutional Advisory LLC acquired a new position in T-Mobile US during the 4th quarter worth approximately $1,552,000. Rice Partnership LLC acquired a new position in T-Mobile US during the 4th quarter worth approximately $7,678,000. Exchange Traded Concepts LLC boosted its position in T-Mobile US by 737.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock worth $12,476,000 after acquiring an additional 49,775 shares during the last quarter. Finally, Nilsine Partners LLC boosted its position in T-Mobile US by 89.1% during the 4th quarter. Nilsine Partners LLC now owns 5,623 shares of the Wireless communications provider's stock worth $1,241,000 after acquiring an additional 2,650 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

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. 0.37% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Royal Bank of Canada upped their price objective on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research note on Friday, March 21st. Wall Street Zen cut T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday. HSBC cut T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target on the stock. in a research note on Wednesday, March 5th. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, Barclays increased their price objective 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. 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $257.68.

T-Mobile US Price Performance

Shares of TMUS traded down $1.59 during trading hours on Wednesday, hitting $241.77. 754,534 shares of the company were exchanged, compared to its average volume of 4,210,262. The firm's fifty day moving average is $251.72 and its 200 day moving average is $243.82. The company has a market cap of $274.52 billion, a price-to-earnings ratio of 25.00, a P/E/G ratio of 1.55 and a beta of 0.69. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a fifty-two week low of $167.13 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. The business 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%. T-Mobile US's revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm posted $2.00 earnings per share. On average, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

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.