Brinker Capital Inc. boosted its stake in T-Mobile Us Inc (NASDAQ:TMUS) by 37.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,798 shares of the Wireless communications provider’s stock after purchasing an additional 3,184 shares during the quarter. Brinker Capital Inc.’s holdings in T-Mobile Us were worth $750,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Appleton Partners Inc. MA increased its stake in shares of T-Mobile Us by 10.1% during the fourth quarter. Appleton Partners Inc. MA now owns 14,185 shares of the Wireless communications provider’s stock valued at $902,000 after buying an additional 1,304 shares during the period. First Hawaiian Bank increased its stake in shares of T-Mobile Us by 92.9% during the fourth quarter. First Hawaiian Bank now owns 26,929 shares of the Wireless communications provider’s stock valued at $1,713,000 after buying an additional 12,966 shares during the period. Highland Associates Inc. purchased a new position in shares of T-Mobile Us during the fourth quarter valued at approximately $26,422,000. LMR Partners LLP purchased a new position in shares of T-Mobile Us during the fourth quarter valued at approximately $231,000. Finally, Findlay Park Partners LLP purchased a new position in shares of T-Mobile Us during the fourth quarter valued at approximately $82,537,000. Institutional investors and hedge funds own 33.96% of the company’s stock.
Shares of TMUS stock traded up $0.08 during mid-day trading on Monday, hitting $73.79. The company’s stock had a trading volume of 2,163,766 shares, compared to its average volume of 3,500,191. T-Mobile Us Inc has a 52-week low of $55.09 and a 52-week high of $74.06. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.70. The stock has a market capitalization of $62.70 billion, a P/E ratio of 21.96, a P/E/G ratio of 1.24 and a beta of 0.43.
Several equities analysts have recently issued reports on the company. Zacks Investment Research cut T-Mobile Us from a “buy” rating to a “hold” rating in a research note on Friday. HSBC set a $80.00 price target on T-Mobile Us and gave the company a “buy” rating in a research report on Friday, March 8th. BidaskClub lowered T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Argus reissued a “buy” rating on shares of T-Mobile Us in a report on Tuesday, February 19th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $76.00 target price on shares of T-Mobile Us in a report on Thursday, February 7th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $79.21.
In related news, insider Thomas Christopher Keys sold 43,000 shares of the company’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $70.71, for a total transaction of $3,040,530.00. Following the completion of the sale, the insider now owns 248,883 shares in the company, valued at $17,598,516.93. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO G Michael Sievert sold 4,766 shares of the company’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $73.58, for a total value of $350,682.28. Following the completion of the sale, the chief operating officer now owns 543,391 shares of the company’s stock, valued at approximately $39,982,709.78. The disclosure for this sale can be found here. In the last quarter, insiders have sold 60,244 shares of company stock valued at $4,242,113. 0.37% of the stock is owned by company insiders.
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 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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