Captrust Financial Advisors Acquires 1,461 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Captrust Financial Advisors boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,876 shares of the Wireless communications provider's stock after acquiring an additional 1,461 shares during the quarter. Captrust Financial Advisors' holdings in T-Mobile US were worth $12,554,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rakuten Securities Inc. boosted 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 purchasing an additional 62 shares in the last quarter. CoreFirst Bank & Trust purchased a new stake in shares of T-Mobile US during the fourth quarter worth $28,000. Financial Life Planners acquired a new stake in T-Mobile US during the fourth quarter worth about $29,000. Bruce G. Allen Investments LLC raised its position in T-Mobile US by 79.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 73 shares during the last quarter. Finally, Albion Financial Group UT acquired a new position in shares of T-Mobile US in the 4th quarter valued at $39,000. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Down 1.1%

TMUS traded down $2.57 during midday trading on Tuesday, reaching $237.75. The company's stock had a trading volume of 1,253,712 shares, compared to its average volume of 4,211,622. T-Mobile US, Inc. has a 1 year low of $161.72 and a 1 year high of $276.49. The firm has a market capitalization of $269.95 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 1.55 and a beta of 0.69. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock's 50-day moving average is $255.88 and its 200-day moving average is $242.88.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping 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 company had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. During the same period last year, the business earned $2.00 EPS. T-Mobile US's revenue for the quarter was up 6.6% on a year-over-year basis. As a group, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

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 transaction of $191,990.00. Following the completion of the transaction, the director now 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.67% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Barclays raised their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price on the stock. in a research note on Friday, March 14th. Tigress Financial increased their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their target price for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Ten analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, T-Mobile US has a consensus 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.