Profund Advisors LLC Has $5.22 Million Stock Position in T-Mobile Us Inc (NASDAQ:TMUS)

Profund Advisors LLC increased its position in T-Mobile Us Inc (NASDAQ:TMUS) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,520 shares of the Wireless communications provider’s stock after purchasing an additional 6,162 shares during the quarter. Profund Advisors LLC’s holdings in T-Mobile Us were worth $5,216,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Intact Investment Management Inc. bought a new stake in shares of T-Mobile Us during the 4th quarter valued at $439,000. Capital World Investors boosted its holdings in T-Mobile Us by 7.1% in the 4th quarter. Capital World Investors now owns 31,804,808 shares of the Wireless communications provider’s stock valued at $2,494,133,000 after purchasing an additional 2,102,896 shares during the last quarter. Great Lakes Retirement Inc. acquired a new position in T-Mobile Us in the 4th quarter valued at about $528,000. Belpointe Asset Management LLC boosted its holdings in T-Mobile Us by 185.5% in the 4th quarter. Belpointe Asset Management LLC now owns 4,663 shares of the Wireless communications provider’s stock valued at $321,000 after purchasing an additional 3,030 shares during the last quarter. Finally, Colony Group LLC boosted its holdings in T-Mobile Us by 1.5% in the 4th quarter. Colony Group LLC now owns 16,374 shares of the Wireless communications provider’s stock valued at $1,284,000 after purchasing an additional 244 shares during the last quarter. Hedge funds and other institutional investors own 33.94% of the company’s stock.

T-Mobile Us stock traded up $5.46 during midday trading on Thursday, hitting $84.63. 4,821,348 shares of the company’s stock were exchanged, compared to its average volume of 5,289,783. T-Mobile Us Inc has a 12-month low of $63.50 and a 12-month high of $101.35. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.67 and a current ratio of 0.74. The stock has a market cap of $67.40 billion, a price-to-earnings ratio of 21.00, a price-to-earnings-growth ratio of 0.98 and a beta of 0.20. The firm’s 50 day simple moving average is $88.02 and its 200 day simple moving average is $81.36.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, February 6th. The Wireless communications provider reported $0.87 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.04. T-Mobile Us had a net margin of 7.71% and a return on equity of 14.09%. The company had revenue of $11.88 billion for the quarter, compared to the consensus estimate of $11.82 billion. During the same period last year, the firm posted $0.75 EPS. T-Mobile Us’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities research analysts forecast that T-Mobile Us Inc will post 4.55 EPS for the current fiscal year.

A number of equities research analysts have commented on TMUS shares. Sanford C. Bernstein reissued a “buy” rating and issued a $104.00 price objective on shares of T-Mobile Us in a research report on Tuesday, February 11th. Wells Fargo & Co increased their price objective on shares of T-Mobile Us from $98.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, March 9th. HSBC set a $86.00 price objective on shares of T-Mobile Us and gave the company a “neutral” rating in a research report on Tuesday, March 17th. KeyCorp increased their target price on shares of T-Mobile Us from $90.00 to $99.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Finally, ValuEngine raised shares of T-Mobile Us from a “sell” rating to a “hold” rating in a research report on Tuesday, February 18th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $99.29.

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 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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