Miles Capital Inc. Buys New Holdings in T-Mobile Us Inc (NASDAQ:TMUS)

Miles Capital Inc. bought a new stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 2,842 shares of the Wireless communications provider’s stock, valued at approximately $211,000.

A number of other hedge funds also recently modified their holdings of the stock. AXA boosted its stake in T-Mobile Us by 496.8% during the 2nd quarter. AXA now owns 63,386 shares of the Wireless communications provider’s stock valued at $4,700,000 after purchasing an additional 52,765 shares during the last quarter. United Capital Financial Advisers LLC boosted its stake in shares of T-Mobile Us by 0.7% in the 2nd quarter. United Capital Financial Advisers LLC now owns 145,970 shares of the Wireless communications provider’s stock worth $10,822,000 after buying an additional 1,037 shares during the last quarter. BTG Pactual Global Asset Management Ltd purchased a new position in shares of T-Mobile Us in the 2nd quarter worth $380,000. APG Asset Management N.V. boosted its stake in shares of T-Mobile Us by 6.5% in the 2nd quarter. APG Asset Management N.V. now owns 2,930,633 shares of the Wireless communications provider’s stock worth $190,795,000 after buying an additional 179,900 shares during the last quarter. Finally, Toronto Dominion Bank boosted its stake in shares of T-Mobile Us by 5.5% in the 2nd quarter. Toronto Dominion Bank now owns 79,558 shares of the Wireless communications provider’s stock worth $5,896,000 after buying an additional 4,170 shares during the last quarter. Institutional investors own 33.14% of the company’s stock.

T-Mobile Us stock traded down $0.45 during trading on Friday, reaching $79.24. The company had a trading volume of 141,254 shares, compared to its average volume of 2,039,590. T-Mobile Us Inc has a 52 week low of $59.96 and a 52 week high of $85.22. The firm’s 50-day simple moving average is $78.49 and its 200 day simple moving average is $75.28. The firm has a market capitalization of $68.06 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 1.47 and a beta of 0.42. The company has a current ratio of 0.62, a quick ratio of 0.54 and a debt-to-equity ratio of 1.43.



T-Mobile Us (NASDAQ:TMUS) last announced its earnings results on Thursday, July 25th. The Wireless communications provider reported $1.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.30. T-Mobile Us had a return on equity of 13.89% and a net margin of 7.40%. The company had revenue of $10.98 billion for the quarter, compared to analysts’ expectations of $11.14 billion. During the same period last year, the firm earned $0.92 EPS. T-Mobile Us’s revenue for the quarter was up 3.9% compared to the same quarter last year. On average, analysts predict that T-Mobile Us Inc will post 4.36 earnings per share for the current year.

A number of research firms have recently issued reports on TMUS. William Blair restated an “outperform” rating on shares of T-Mobile Us in a research note on Monday, July 29th. Raymond James raised their price target on T-Mobile Us from $86.00 to $94.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, August 6th. ValuEngine upgraded T-Mobile Us from a “hold” rating to a “buy” rating in a research note on Saturday, July 27th. BidaskClub cut T-Mobile Us from a “hold” rating to a “sell” rating in a report on Friday, September 6th. Finally, Royal Bank of Canada set a $87.00 target price on T-Mobile Us and gave the stock a “buy” rating in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. T-Mobile Us presently has a consensus rating of “Buy” and an average price target of $89.55.

In other T-Mobile Us news, COO G Michael Sievert sold 9,324 shares of the firm’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $75.50, for a total transaction of $703,962.00. Following the sale, the chief operating officer now directly owns 533,965 shares of the company’s stock, valued at $40,314,357.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.40% of the stock is owned by company insiders.

T-Mobile Us 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 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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