IFM Investors Pty Ltd grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,674 shares of the Wireless communications provider’s stock after purchasing an additional 6,355 shares during the period. IFM Investors Pty Ltd’s holdings in T-Mobile US were worth $5,223,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV boosted its stake in shares of T-Mobile US by 5,020.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 256 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 251 shares during the last quarter. Reilly Financial Advisors LLC boosted its position in shares of T-Mobile US by 198.1% in the second quarter. Reilly Financial Advisors LLC now owns 307 shares of the Wireless communications provider’s stock worth $32,000 after acquiring an additional 204 shares during the last quarter. James Investment Research Inc. acquired a new stake in shares of T-Mobile US in the second quarter worth approximately $34,000. First Horizon Advisors Inc. boosted its position in shares of T-Mobile US by 63.1% in the second quarter. First Horizon Advisors Inc. now owns 362 shares of the Wireless communications provider’s stock worth $37,000 after acquiring an additional 140 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of T-Mobile US by 53.2% in the second quarter. Parkside Financial Bank & Trust now owns 452 shares of the Wireless communications provider’s stock worth $47,000 after acquiring an additional 157 shares during the last quarter. 49.64% of the stock is currently owned by institutional investors.

In other news, EVP David A. Miller sold 20,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $114.51, for a total transaction of $2,290,200.00. Following the completion of the transaction, the executive vice president now owns 181,142 shares of the company’s stock, valued at $20,742,570.42. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP David A. Miller sold 10,000 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $120.00, for a total transaction of $1,200,000.00. Following the transaction, the executive vice president now directly owns 136,142 shares of the company’s stock, valued at approximately $16,337,040. The disclosure for this sale can be found here. In the last three months, insiders have sold 45,000 shares of company stock valued at $5,191,950. Corporate insiders own 0.47% of the company’s stock.

T-Mobile US stock traded down $0.34 during mid-day trading on Friday, reaching $114.96. The company’s stock had a trading volume of 3,762,899 shares, compared to its average volume of 5,842,904. The firm has a market cap of $142.30 billion, a price-to-earnings ratio of 37.45, a PEG ratio of 3.52 and a beta of 0.31. The business has a 50 day moving average price of $114.09 and a 200-day moving average price of $104.00. The company has a current ratio of 1.05, a quick ratio of 0.98 and a debt-to-equity ratio of 1.14. T-Mobile US, Inc. has a twelve month low of $63.50 and a twelve month high of $123.42.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, August 6th. The Wireless communications provider reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). T-Mobile US had a return on equity of 9.60% and a net margin of 5.19%. The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.72 billion. During the same period in the prior year, the firm earned $1.09 EPS. The business’s revenue for the quarter was up 61.0% compared to the same quarter last year. On average, equities analysts expect that T-Mobile US, Inc. will post 2.58 EPS for the current fiscal year.

TMUS has been the topic of several research analyst reports. Citigroup raised their target price on shares of T-Mobile US from $130.00 to $142.00 in a research report on Wednesday. Goldman Sachs Group set a $135.00 target price on shares of T-Mobile US and gave the stock a “buy” rating in a research report on Friday, October 2nd. Barclays restated a “buy” rating and issued a $135.00 price target on shares of T-Mobile US in a report on Tuesday, August 11th. Oppenheimer restated a “hold” rating on shares of T-Mobile US in a report on Monday, October 5th. Finally, Morgan Stanley raised their price target on shares of T-Mobile US from $115.00 to $124.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Seven research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. T-Mobile US presently has a consensus rating of “Buy” and a consensus price target of $120.04.

T-Mobile US Profile

T-Mobile US, Inc, through its subsidiaries, provides wireless services for branded postpaid and prepaid, and wholesale customers in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services. It also provides wireless devices, including smartphones, wearables, tablets, and other mobile communication devices, as well as accessories; and wirelines services.

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

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