T-Mobile US Inc (TMUS) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. reduced its stake in T-Mobile US Inc (NASDAQ:TMUS) by 40.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 8,800 shares of the Wireless communications provider’s stock after selling 6,100 shares during the quarter. Daiwa Securities Group Inc.’s holdings in T-Mobile US were worth $559,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TMUS. Carmignac Gestion lifted its stake in shares of T-Mobile US by 32.1% in the 3rd quarter. Carmignac Gestion now owns 5,844,199 shares of the Wireless communications provider’s stock worth $360,353,000 after acquiring an additional 1,419,024 shares during the period. DnB Asset Management AS lifted its stake in T-Mobile US by 91.0% during the fourth quarter. DnB Asset Management AS now owns 2,831,015 shares of the Wireless communications provider’s stock valued at $179,798,000 after purchasing an additional 1,349,000 shares during the last quarter. American Century Companies Inc. lifted its stake in T-Mobile US by 1,193.4% during the fourth quarter. American Century Companies Inc. now owns 1,135,630 shares of the Wireless communications provider’s stock valued at $72,124,000 after purchasing an additional 1,047,831 shares during the last quarter. Global Thematic Partners LLC lifted its stake in T-Mobile US by 170.4% during the fourth quarter. Global Thematic Partners LLC now owns 1,533,545 shares of the Wireless communications provider’s stock valued at $97,397,000 after purchasing an additional 966,432 shares during the last quarter. Finally, Gilder Gagnon Howe & Co. LLC lifted its stake in T-Mobile US by 15,932.2% during the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 817,961 shares of the Wireless communications provider’s stock valued at $51,949,000 after purchasing an additional 812,859 shares during the last quarter. 35.23% of the stock is owned by institutional investors.

TMUS has been the subject of several recent research reports. Deutsche Bank increased their target price on shares of T-Mobile US to $72.00 and gave the company a “buy” rating in a research note on Monday, December 11th. Moffett Nathanson raised shares of T-Mobile US from a “neutral” rating to a “buy” rating in a research note on Monday, November 27th. HSBC raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, November 21st. Jefferies Group cut their target price on shares of T-Mobile US from $83.00 to $77.00 and set a “buy” rating for the company in a research note on Tuesday, November 7th. Finally, UBS Group reissued a “buy” rating and set a $70.00 target price (down from $80.00) on shares of T-Mobile US in a research note on Monday, November 6th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, twenty have assigned a buy rating and four have issued a strong buy rating to the company. T-Mobile US has an average rating of “Buy” and an average price target of $70.23.

Shares of T-Mobile US Inc (NASDAQ TMUS) opened at $60.06 on Friday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.77 and a quick ratio of 0.64. The company has a market cap of $51,640.00, a P/E ratio of 11.55, a P/E/G ratio of 0.74 and a beta of 0.30. T-Mobile US Inc has a 12-month low of $54.60 and a 12-month high of $68.88.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.11. The business had revenue of $10.76 billion during the quarter, compared to the consensus estimate of $10.84 billion. T-Mobile US had a net margin of 11.19% and a return on equity of 9.60%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 EPS. research analysts forecast that T-Mobile US Inc will post 3.25 earnings per share for the current year.

T-Mobile US declared that its board has authorized a stock buyback plan on Wednesday, December 6th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the Wireless communications provider to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

In other T-Mobile US news, EVP Peter A. Ewens sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $62.95, for a total value of $629,500.00. Following the transaction, the executive vice president now owns 166,434 shares in the company, valued at approximately $10,477,020.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP David A. Miller sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $62.78, for a total transaction of $941,700.00. Following the completion of the transaction, the executive vice president now owns 104,448 shares in the company, valued at approximately $6,557,245.44. The disclosure for this sale can be found here. In the last 90 days, insiders sold 73,620 shares of company stock valued at $4,708,192. 0.29% of the stock is owned by insiders.

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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 U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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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