Harel Insurance Investments & Financial Services Ltd. Invests $45,000 in T-Mobile Us Inc (TMUS) Stock

Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 650 shares of the Wireless communications provider’s stock, valued at approximately $45,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC raised its position in shares of T-Mobile Us by 440.3% in the fourth quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 317 shares during the period. PRW Wealth Management LLC acquired a new position in shares of T-Mobile Us in the fourth quarter worth about $34,000. Financial Advocates Investment Management raised its position in shares of T-Mobile Us by 42.0% in the fourth quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 160 shares during the period. Semmax Financial Advisors Inc. acquired a new position in shares of T-Mobile Us in the fourth quarter worth about $37,000. Finally, Rehmann Capital Advisory Group raised its position in shares of T-Mobile Us by 54.8% in the fourth quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock worth $41,000 after acquiring an additional 227 shares during the period. Institutional investors own 33.97% of the company’s stock.

In related news, EVP Elizabeth A. Mcauliffe sold 2,250 shares of the company’s stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $69.52, for a total transaction of $156,420.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Thomas Christopher Keys sold 43,000 shares of the company’s stock in a transaction dated Friday, February 15th. The shares were 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 of the company’s stock, valued at approximately $17,598,516.93. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 50,016 shares of company stock valued at $3,547,632. 0.37% of the stock is owned by corporate insiders.



A number of research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Friday, April 12th. HSBC set a $80.00 price target on shares of T-Mobile Us and gave the stock a “buy” rating in a research report on Friday, March 8th. BidaskClub downgraded shares of T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Argus restated a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, February 19th. Finally, Royal Bank of Canada restated a “buy” rating and set a $76.00 price target on shares of T-Mobile Us in a research report on Thursday, February 7th. Four research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. T-Mobile Us has an average rating of “Buy” and an average price target of $79.21.

TMUS opened at $73.75 on Friday. T-Mobile Us Inc has a twelve month low of $55.09 and a twelve month high of $74.31. 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 cap of $62.70 billion, a P/E ratio of 21.95, a P/E/G ratio of 1.25 and a beta of 0.43.

T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.06. T-Mobile Us had a net margin of 6.67% and a return on equity of 12.12%. The firm had revenue of $11.45 billion during the quarter, compared to the consensus estimate of $11.38 billion. During the same quarter in the prior year, the firm earned $3.11 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, sell-side analysts expect that T-Mobile Us Inc will post 3.97 earnings per share for the current fiscal year.

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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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