NWI Management LP Has $1.77 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

NWI Management LP decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,000 shares of the Wireless communications provider's stock after selling 2,000 shares during the period. NWI Management LP's holdings in T-Mobile US were worth $1,766,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Rakuten Securities Inc. grew its stake in shares of 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 purchasing an additional 62 shares during the period. CoreFirst Bank & Trust bought a new stake in shares of T-Mobile US in the 4th quarter valued at approximately $28,000. Financial Life Planners bought a new stake in shares of T-Mobile US in the 4th quarter valued at approximately $29,000. Albion Financial Group UT bought a new stake in shares of T-Mobile US in the 4th quarter valued at approximately $39,000. Finally, DT Investment Partners LLC grew its stake in shares of 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 period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded up $2.50 during trading on Friday, reaching $242.66. 4,399,603 shares of the stock were exchanged, compared to its average volume of 4,232,262. T-Mobile US, Inc. has a 12 month low of $162.56 and a 12 month high of $276.49. The firm has a market cap of $275.53 billion, a PE ratio of 25.09, a PEG ratio of 1.55 and a beta of 0.69. The stock has a 50-day moving average price of $253.96 and a 200-day moving average price of $242.99. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $20.67 billion. During the same quarter in the previous year, the company posted $2.00 earnings per share. The business's revenue was up 6.6% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TMUS shares. Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective on the stock. in a research note on Friday, March 14th. Bank of America increased 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. UBS Group downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. JPMorgan Chase & Co. increased their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. Finally, Hsbc Global Res downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $257.68.

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.