FNY Investment Advisers LLC Buys 5,800 Shares of T-Mobile Us Inc (TMUS)

FNY Investment Advisers LLC grew its stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 559.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 6,836 shares of the Wireless communications provider’s stock after buying an additional 5,800 shares during the period. FNY Investment Advisers LLC’s holdings in T-Mobile Us were worth $479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. BlackRock Inc. lifted its position in shares of T-Mobile Us by 2.2% during the second quarter. BlackRock Inc. now owns 15,091,550 shares of the Wireless communications provider’s stock worth $901,718,000 after acquiring an additional 323,027 shares in the last quarter. Morgan Stanley lifted its position in shares of T-Mobile Us by 44.5% during the second quarter. Morgan Stanley now owns 5,782,115 shares of the Wireless communications provider’s stock worth $345,483,000 after acquiring an additional 1,781,530 shares in the last quarter. DnB Asset Management AS purchased a new stake in shares of T-Mobile Us during the second quarter worth $240,108,000. Paulson & CO. Inc. lifted its position in shares of T-Mobile Us by 2.7% during the second quarter. Paulson & CO. Inc. now owns 3,902,560 shares of the Wireless communications provider’s stock worth $233,178,000 after acquiring an additional 102,560 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of T-Mobile Us by 2.5% during the second quarter. Northern Trust Corp now owns 2,585,959 shares of the Wireless communications provider’s stock worth $154,512,000 after acquiring an additional 62,311 shares in the last quarter. Hedge funds and other institutional investors own 32.78% of the company’s stock.

Several research firms have issued reports on TMUS. BidaskClub upgraded T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Friday, September 28th. Guggenheim increased their price objective on T-Mobile Us from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, September 27th. Zacks Investment Research upgraded T-Mobile Us from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a research report on Monday, October 8th. KeyCorp set a $76.00 price objective on T-Mobile Us and gave the stock a “buy” rating in a research report on Thursday, September 13th. Finally, ValuEngine upgraded T-Mobile Us from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating, thirteen have given a buy rating and four have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $72.49.



Shares of TMUS stock opened at $64.91 on Tuesday. The company has a current ratio of 0.76, a quick ratio of 0.66 and a debt-to-equity ratio of 1.25. T-Mobile Us Inc has a 52-week low of $54.60 and a 52-week high of $70.94. The firm has a market capitalization of $55.16 billion, a P/E ratio of 28.34, a price-to-earnings-growth ratio of 2.23 and a beta of 0.40.

T-Mobile Us (NASDAQ:TMUS) last released its earnings results on Wednesday, August 1st. The Wireless communications provider reported $0.92 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.06. The business had revenue of $10.57 billion for the quarter, compared to analysts’ expectations of $10.65 billion. T-Mobile Us had a return on equity of 10.87% and a net margin of 11.27%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.67 earnings per share. On average, analysts predict that T-Mobile Us Inc will post 3.21 EPS for the current year.

In related news, EVP David A. Miller sold 5,000 shares of the stock in a transaction on Thursday, September 27th. The stock was sold at an average price of $70.00, for a total value of $350,000.00. Following the transaction, the executive vice president now owns 117,523 shares of the company’s stock, valued at $8,226,610. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP David R. Carey sold 2,000 shares of the stock in a transaction on Monday, October 1st. The shares were sold at an average price of $70.57, for a total value of $141,140.00. Following the completion of the transaction, the executive vice president now directly owns 204,851 shares in the company, valued at approximately $14,456,335.07. The disclosure for this sale can be found here. In the last three months, insiders sold 102,622 shares of company stock worth $6,814,861. 0.37% of the stock is owned by 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 72.6 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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