CHURCHILL MANAGEMENT Corp Buys New Position in T-Mobile Us Inc (TMUS)

CHURCHILL MANAGEMENT Corp bought a new stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 29,614 shares of the Wireless communications provider’s stock, valued at approximately $2,046,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Whittier Trust Co. boosted its stake in T-Mobile Us by 19.7% in the 4th quarter. Whittier Trust Co. now owns 962 shares of the Wireless communications provider’s stock worth $61,000 after purchasing an additional 158 shares in the last quarter. Financial Advocates Investment Management lifted its stake in T-Mobile Us by 42.0% during the 4th quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 160 shares during the period. Daiwa SB Investments Ltd. lifted its stake in T-Mobile Us by 12.2% during the 4th quarter. Daiwa SB Investments Ltd. now owns 1,560 shares of the Wireless communications provider’s stock valued at $99,000 after acquiring an additional 170 shares during the period. Rehmann Capital Advisory Group lifted its stake in T-Mobile Us by 54.8% during the 4th quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock valued at $41,000 after acquiring an additional 227 shares during the period. Finally, Private Advisor Group LLC lifted its stake in T-Mobile Us by 4.4% during the 4th quarter. Private Advisor Group LLC now owns 6,908 shares of the Wireless communications provider’s stock valued at $439,000 after acquiring an additional 288 shares during the period. 34.03% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ TMUS opened at $74.74 on Friday. The firm has a market capitalization of $63.85 billion, a P/E ratio of 22.24, a P/E/G ratio of 1.18 and a beta of 0.44. The company has a quick ratio of 0.56, a current ratio of 0.66 and a debt-to-equity ratio of 1.04. T-Mobile Us Inc has a one year low of $55.23 and a one year high of $74.78.

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

TMUS has been the subject of several research reports. BTIG Research lifted their price objective on shares of T-Mobile Us to $91.00 and gave the company a “buy” rating in a research note on Friday, January 18th. Royal Bank of Canada restated a “buy” rating and set a $76.00 price objective on shares of T-Mobile Us in a research note on Thursday, February 7th. HSBC restated a “buy” rating and set a $76.00 price objective on shares of T-Mobile Us in a research note on Monday, January 14th. Zacks Investment Research upgraded shares of T-Mobile Us from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research note on Saturday, January 5th. Finally, UBS Group reaffirmed a “buy” rating on shares of T-Mobile Us in a report on Tuesday, January 8th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $80.15.

In other T-Mobile Us news, COO G Michael Sievert sold 4,766 shares of T-Mobile Us stock in a transaction on Monday, March 18th. The shares were sold at an average price of $73.58, for a total transaction of $350,682.28. Following the sale, the chief operating officer now owns 543,391 shares of the company’s stock, valued at approximately $39,982,709.78. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Thomas Christopher Keys sold 43,000 shares of T-Mobile Us 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 sale, the insider now directly owns 248,883 shares in the company, valued at approximately $17,598,516.93. The disclosure for this sale can be found here. 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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