American Century Companies Inc. Sells 670,575 Shares of T-Mobile Us Inc (TMUS)

American Century Companies Inc. decreased its position in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 86.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,315 shares of the Wireless communications provider’s stock after selling 670,575 shares during the quarter. American Century Companies Inc.’s holdings in T-Mobile Us were worth $6,890,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TMUS. Pacer Advisors Inc. increased its position in shares of T-Mobile Us by 16.7% during the third quarter. Pacer Advisors Inc. now owns 32,375 shares of the Wireless communications provider’s stock worth $2,272,000 after purchasing an additional 4,629 shares in the last quarter. Vident Investment Advisory LLC boosted its stake in T-Mobile Us by 7.9% during the third quarter. Vident Investment Advisory LLC now owns 59,888 shares of the Wireless communications provider’s stock worth $4,203,000 after buying an additional 4,384 shares during the last quarter. National Pension Service boosted its stake in T-Mobile Us by 6.7% during the third quarter. National Pension Service now owns 394,438 shares of the Wireless communications provider’s stock worth $27,682,000 after buying an additional 24,880 shares during the last quarter. Worldquant Millennium Quantitative Strategies LLC boosted its stake in T-Mobile Us by 3.5% during the third quarter. Worldquant Millennium Quantitative Strategies LLC now owns 124,546 shares of the Wireless communications provider’s stock worth $8,741,000 after buying an additional 4,169 shares during the last quarter. Finally, Soros Fund Management LLC boosted its stake in T-Mobile Us by 555.6% during the third quarter. Soros Fund Management LLC now owns 59,000 shares of the Wireless communications provider’s stock worth $4,141,000 after buying an additional 50,000 shares during the last quarter. 34.03% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on TMUS shares. UBS Group reissued a “buy” rating on shares of T-Mobile Us in a research note on Tuesday, January 8th. Zacks Investment Research raised T-Mobile Us from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a research note on Saturday, January 5th. HSBC reaffirmed a “buy” rating and issued a $76.00 price target on shares of T-Mobile Us in a research note on Monday, January 14th. BidaskClub raised T-Mobile Us from a “hold” rating to a “buy” rating in a research note on Wednesday, February 20th. Finally, Argus reaffirmed a “buy” rating on shares of T-Mobile Us in a research note on Tuesday, February 19th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $80.15.

TMUS traded up $1.13 during mid-day trading on Friday, hitting $74.74. 2,588,720 shares of the stock were exchanged, compared to its average volume of 3,435,999. T-Mobile Us Inc has a 1-year low of $55.23 and a 1-year high of $74.78. The company has a current ratio of 0.66, a quick ratio of 0.56 and a debt-to-equity ratio of 1.04. The firm has a market cap of $63.85 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 1.18 and a beta of 0.44.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $1.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.14. T-Mobile Us had a return on equity of 13.05% and a net margin of 7.11%. The company had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11 billion. During the same quarter in the prior year, the business earned $0.78 EPS. T-Mobile Us’s revenue was up 6.0% on a year-over-year basis. On average, research analysts forecast that T-Mobile Us Inc will post 4.11 earnings per share for the current year.

In other news, insider Thomas Christopher Keys sold 43,000 shares of the stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $70.71, for a total value of $3,040,530.00. Following the transaction, the insider now owns 248,883 shares in the company, valued at approximately $17,598,516.93. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO G Michael Sievert sold 4,766 shares of the stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $73.58, for a total value of $350,682.28. Following the completion of the transaction, the chief operating officer now owns 543,391 shares in the company, valued at approximately $39,982,709.78. The disclosure for this sale can be found here. Corporate insiders own 0.37% of the company’s stock.

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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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