E Fund Management Co. Ltd. Buys 99 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

E Fund Management Co. Ltd. raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,798 shares of the Wireless communications provider’s stock after purchasing an additional 99 shares during the period. E Fund Management Co. Ltd.’s holdings in T-Mobile US were worth $1,902,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in T-Mobile US by 3.8% in the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after purchasing an additional 1,667,778 shares during the period. Wellington Management Group LLP lifted its holdings in shares of T-Mobile US by 200.0% during the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock worth $1,020,116,000 after acquiring an additional 4,241,877 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of T-Mobile US by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,459,130 shares of the Wireless communications provider’s stock worth $785,667,000 after acquiring an additional 184,059 shares during the period. Putnam Investments LLC lifted its holdings in shares of T-Mobile US by 74.6% during the 4th quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock worth $631,575,000 after acquiring an additional 1,682,743 shares during the period. Finally, Clearbridge Investments LLC lifted its holdings in shares of T-Mobile US by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock worth $596,159,000 after acquiring an additional 578,348 shares during the period. 42.49% of the stock is owned by institutional investors.

T-Mobile US Trading Down 1.5 %

Shares of NASDAQ TMUS opened at $202.70 on Wednesday. T-Mobile US, Inc. has a 1-year low of $135.82 and a 1-year high of $206.30. The company has a market cap of $237.53 billion, a PE ratio of 27.58, a P/E/G ratio of 0.74 and a beta of 0.51. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 1.22. The company has a 50-day moving average of $191.16 and a two-hundred day moving average of $175.90.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.61 billion. During the same period in the previous year, the firm posted $1.86 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis. As a group, equities analysts expect that T-Mobile US, Inc. will post 9.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on TMUS shares. Benchmark raised their price objective on shares of T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Evercore ISI raised shares of T-Mobile US to a “hold” rating in a report on Thursday, August 1st. The Goldman Sachs Group began coverage on shares of T-Mobile US in a report on Monday, July 1st. They set a “buy” rating and a $200.00 price objective for the company. Deutsche Bank Aktiengesellschaft increased their target price on shares of T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Finally, StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, July 30th. One investment analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $205.69.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the completion of the sale, the director now directly owns 670,545,206 shares of the company’s stock, valued at $117,922,079,927.16. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the completion of the sale, the director now directly owns 670,545,206 shares of the company’s stock, valued at $117,922,079,927.16. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Raul Marcelo Claure sold 132,309 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the sale, the director now directly owns 1,551,204 shares of the company’s stock, valued at $305,183,874.96. The disclosure for this sale can be found here. Over the last three months, insiders sold 840,336 shares of company stock valued at $154,461,060. Insiders own 0.67% of the company’s stock.

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.