FDx Advisors Inc. Acquires 6,359 Shares of T-Mobile Us Inc (TMUS)

FDx Advisors Inc. lifted its holdings in T-Mobile Us Inc (NASDAQ:TMUS) by 59.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,038 shares of the Wireless communications provider’s stock after purchasing an additional 6,359 shares during the quarter. FDx Advisors Inc.’s holdings in T-Mobile Us were worth $1,196,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of TMUS. Ontario Teachers Pension Plan Board purchased a new position in shares of T-Mobile Us in the second quarter valued at $132,346,000. Morgan Stanley lifted its position in T-Mobile Us by 44.5% in the second quarter. Morgan Stanley now owns 5,782,115 shares of the Wireless communications provider’s stock worth $345,483,000 after buying an additional 1,781,530 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its position in T-Mobile Us by 16,308.9% in the second quarter. Diamond Hill Capital Management Inc. now owns 1,290,233 shares of the Wireless communications provider’s stock worth $77,091,000 after buying an additional 1,282,370 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in T-Mobile Us by 7,776.4% in the second quarter. CIBC Private Wealth Group LLC now owns 1,272,198 shares of the Wireless communications provider’s stock worth $76,014,000 after buying an additional 1,256,046 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in T-Mobile Us in the second quarter worth $62,594,000. 32.64% of the stock is owned by hedge funds and other institutional investors.

In other news, COO G Michael Sievert sold 10,192 shares of T-Mobile Us stock in a transaction on Tuesday, November 6th. The stock was sold at an average price of $69.08, for a total transaction of $704,063.36. Following the completion of the sale, the chief operating officer now directly owns 442,046 shares in the company, valued at $30,536,537.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP David R. Carey sold 2,000 shares of T-Mobile Us stock in a transaction on Monday, October 1st. The stock was sold at an average price of $70.57, for a total value of $141,140.00. Following the sale, the executive vice president now owns 204,851 shares of the company’s stock, valued at $14,456,335.07. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 94,814 shares of company stock valued at $6,579,495. Corporate insiders own 0.37% of the company’s stock.

TMUS has been the subject of a number of analyst reports. KeyCorp set a $76.00 price target on T-Mobile Us and gave the stock a “buy” rating in a research report on Thursday, September 13th. Barclays downgraded T-Mobile Us to a “buy” rating in a research report on Tuesday, September 4th. BidaskClub upgraded T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Friday, September 28th. Guggenheim raised their price target 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. Finally, Zacks Investment Research upgraded T-Mobile Us from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a research report on Monday, October 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $73.92.

NASDAQ:TMUS opened at $68.45 on Friday. T-Mobile Us Inc has a twelve month low of $55.09 and a twelve month high of $70.94. The firm has a market cap of $58.27 billion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 2.27 and a beta of 0.39. The company has a quick ratio of 0.74, a current ratio of 0.85 and a debt-to-equity ratio of 1.20.

T-Mobile Us (NASDAQ:TMUS) last released its earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.08. T-Mobile Us had a return on equity of 11.44% and a net margin of 11.63%. The business had revenue of $10.84 billion during the quarter, compared to the consensus estimate of $10.73 billion. During the same period last year, the company earned $0.63 earnings per share. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. On average, sell-side analysts anticipate that T-Mobile Us Inc will post 3.33 earnings per share for the current year.

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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 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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