T-Mobile US Inc (TMUS) Stake Held by Bp Plc

Bp Plc maintained its position in T-Mobile US Inc (NASDAQ:TMUS) during the first quarter, Holdings Channel reports. The firm owned 33,000 shares of the Wireless communications provider’s stock at the end of the first quarter. Bp Plc’s holdings in T-Mobile US were worth $2,131,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. NEXT Financial Group Inc boosted its position in T-Mobile US by 233.3% in the first quarter. NEXT Financial Group Inc now owns 2,000 shares of the Wireless communications provider’s stock valued at $135,000 after buying an additional 1,400 shares during the last quarter. Riverhead Capital Management LLC acquired a new position in T-Mobile US during the third quarter valued at approximately $150,000. Elkfork Partners LLC acquired a new position in T-Mobile US during the fourth quarter valued at approximately $172,000. Toronto Dominion Bank boosted its position in T-Mobile US by 26.5% in the first quarter. Toronto Dominion Bank now owns 3,156 shares of the Wireless communications provider’s stock valued at $204,000 after buying an additional 661 shares during the last quarter. Finally, Creative Planning boosted its position in T-Mobile US by 25.9% in the first quarter. Creative Planning now owns 3,203 shares of the Wireless communications provider’s stock valued at $207,000 after buying an additional 658 shares during the last quarter. Institutional investors and hedge funds own 33.17% of the company’s stock.

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

T-Mobile US Inc (NASDAQ:TMUS) traded up 0.99% on Friday, reaching $66.37. The company’s stock had a trading volume of 4,974,670 shares. The company has a market capitalization of $55.14 billion, a PE ratio of 34.09 and a beta of 0.71. T-Mobile US Inc has a one year low of $40.50 and a one year high of $68.88. The firm has a 50-day moving average of $65.31 and a 200-day moving average of $60.28.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Monday, April 24th. The Wireless communications provider reported $0.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.46. T-Mobile US had a net margin of 3.87% and a return on equity of 7.21%. The firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.63 billion. During the same period last year, the business earned $0.56 EPS. T-Mobile US’s revenue for the quarter was up 11.0% compared to the same quarter last year. Analysts predict that T-Mobile US Inc will post $2.03 EPS for the current year.

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TMUS has been the subject of several recent analyst reports. Argus restated a “buy” rating and set a $70.00 target price on shares of T-Mobile US in a research report on Wednesday, February 22nd. Jefferies Group LLC restated a “buy” rating and set a $71.00 target price on shares of T-Mobile US in a research report on Tuesday, February 21st. Evercore ISI restated a “buy” rating and set a $72.00 target price on shares of T-Mobile US in a research report on Thursday, February 16th. Barclays PLC restated a “buy” rating and set a $65.00 target price on shares of T-Mobile US in a research report on Wednesday, February 15th. Finally, Deutsche Bank AG restated a “buy” rating and set a $68.00 target price on shares of T-Mobile US in a research report on Saturday, March 11th. Ten investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $65.06.

In related news, insider Thomas Christopher Keys sold 100,000 shares of T-Mobile US stock in a transaction on Friday, March 24th. The shares were sold at an average price of $64.17, for a total transaction of $6,417,000.00. Following the sale, the insider now directly owns 372,718 shares in the company, valued at approximately $23,917,314.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.30% of the stock is owned by company insiders.

5 Day Chart for NASDAQ:TMUS

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US Inc (NASDAQ:TMUS).

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