Raiffeisen Bank International AG Makes New $2.03 Million Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Raiffeisen Bank International AG bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,185 shares of the Wireless communications provider's stock, valued at approximately $2,027,000.

Several other hedge funds also recently bought and sold shares of the stock. Ancora Advisors LLC boosted its position in shares of T-Mobile US by 16.6% during the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after purchasing an additional 37 shares during the period. Signaturefd LLC lifted its stake in T-Mobile US by 0.4% during the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after purchasing an additional 41 shares in the last quarter. 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 worth $1,117,000 after buying an additional 44 shares during the period. D Orazio & Associates Inc. grew its stake in shares of T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after buying an additional 47 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC grew its stake in shares of T-Mobile US by 4.3% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock valued at $252,000 after buying an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Up 0.1%

TMUS stock traded up $0.32 during midday trading on Thursday, reaching $241.08. 932,241 shares of the company were exchanged, compared to its average volume of 4,235,358. The company has a market cap of $273.73 billion, a price-to-earnings ratio of 24.94, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 1-year low of $163.26 and a 1-year high of $276.49. The stock's 50-day simple moving average is $253.07 and its 200 day simple moving average is $243.38.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same period last year, the firm posted $2.00 EPS. The company's revenue was up 6.6% on a year-over-year basis. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the company'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 completion of the sale, the director now directly owns 3,291 shares of the company's stock, valued at $865,533. This represents a 18.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TMUS shares. Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Hsbc Global Res cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. 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. Finally, Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Ten analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

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.