United Capital Financial Advisers LLC raised its stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 0.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 145,970 shares of the Wireless communications provider’s stock after acquiring an additional 1,037 shares during the quarter. United Capital Financial Advisers LLC’s holdings in T-Mobile Us were worth $10,822,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of TMUS. BTG Pactual Global Asset Management Ltd bought a new stake in T-Mobile Us in the second quarter valued at about $380,000. APG Asset Management N.V. increased its stake in T-Mobile Us by 6.5% in the second quarter. APG Asset Management N.V. now owns 2,930,633 shares of the Wireless communications provider’s stock valued at $190,795,000 after acquiring an additional 179,900 shares during the period. Toronto Dominion Bank increased its stake in T-Mobile Us by 5.5% in the second quarter. Toronto Dominion Bank now owns 79,558 shares of the Wireless communications provider’s stock valued at $5,896,000 after acquiring an additional 4,170 shares during the period. RWC Asset Management LLP bought a new stake in T-Mobile Us in the second quarter valued at about $3,188,000. Finally, Spring Creek Capital LLC bought a new stake in T-Mobile Us in the second quarter valued at about $4,188,000. Institutional investors own 33.14% of the company’s stock.

T-Mobile Us stock traded down $0.29 during trading hours on Friday, hitting $79.40. 1,504,845 shares of the stock were exchanged, compared to its average volume of 1,985,574. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.54 and a current ratio of 0.62. The stock has a market capitalization of $68.09 billion, a P/E ratio of 23.63, a P/E/G ratio of 1.48 and a beta of 0.42. T-Mobile Us Inc has a 12 month low of $59.96 and a 12 month high of $85.22. The business’s 50-day moving average is $78.45 and its two-hundred day moving average is $75.31.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, July 25th. The Wireless communications provider reported $1.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.30. The firm had revenue of $10.98 billion for the quarter, compared to analysts’ expectations of $11.14 billion. T-Mobile Us had a net margin of 7.40% and a return on equity of 13.89%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. On average, equities analysts predict that T-Mobile Us Inc will post 4.36 earnings per share for the current fiscal year.

TMUS has been the topic of a number of analyst reports. Raymond James upped their target price on shares of T-Mobile Us from $86.00 to $94.00 and gave the company a “strong-buy” rating in a research note on Tuesday, August 6th. HSBC set a $85.00 target price on shares of T-Mobile Us and gave the company a “buy” rating in a research note on Monday, June 3rd. Royal Bank of Canada set a $87.00 target price on shares of T-Mobile Us and gave the company a “buy” rating in a research note on Monday, August 5th. Oppenheimer reissued a “market perform” rating on shares of T-Mobile Us in a research note on Tuesday, August 27th. Finally, Wells Fargo & Co upped their target price on shares of T-Mobile Us from $82.00 to $98.00 and gave the company a “positive” rating in a research note on Monday, July 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. T-Mobile Us currently has an average rating of “Buy” and a consensus target price of $89.55.

In other T-Mobile Us news, COO G Michael Sievert sold 9,324 shares of the company’s stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of $75.50, for a total transaction of $703,962.00. Following the sale, the chief operating officer now directly owns 533,965 shares of the company’s stock, valued at $40,314,357.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.40% of the stock is currently owned by corporate insiders.

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 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

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Institutional Ownership by Quarter for T-Mobile Us (NASDAQ:TMUS)

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