British Columbia Investment Management Corp decreased its position in T-Mobile US Inc. (NASDAQ:TMUS) by 13.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 174,471 shares of the company’s stock after selling 26,102 shares during the period. British Columbia Investment Management Corp’s holdings in T-Mobile US were worth $8,151,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TMUS. Bedrijfstakpensioenfonds Voor DE Media PNO purchased a new position in T-Mobile US during the second quarter worth about $1,553,000. IBM Retirement Fund boosted its stake in shares of T-Mobile US by 4.7% in the second quarter. IBM Retirement Fund now owns 33,840 shares of the company’s stock worth $1,529,000 after buying an additional 1,520 shares during the period. Hartford Investment Management Co. bought a new stake in shares of T-Mobile US during the second quarter worth $213,000. Sadoff Investment Management LLC boosted its stake in shares of T-Mobile US by 1,100.9% in the second quarter. Sadoff Investment Management LLC now owns 816,826 shares of the company’s stock worth $35,344,000 after buying an additional 748,810 shares during the period. Finally, First Quadrant L P CA boosted its stake in shares of T-Mobile US by 31.0% in the second quarter. First Quadrant L P CA now owns 5,500 shares of the company’s stock worth $238,000 after buying an additional 1,300 shares during the period. 34.32% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

Shares of T-Mobile US Inc. (NASDAQ:TMUS) traded up 1.064% during mid-day trading on Tuesday, reaching $55.565. The company’s stock had a trading volume of 2,608,998 shares. T-Mobile US Inc. has a 1-year low of $33.23 and a 1-year high of $55.84. The company’s 50 day moving average price is $50.22 and its 200-day moving average price is $46.11. The company has a market capitalization of $45.79 billion, a price-to-earnings ratio of 35.190 and a beta of 0.66.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Monday, October 24th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.05. T-Mobile US had a return on equity of 7.21% and a net margin of 3.87%. The business earned $9.20 million during the quarter, compared to the consensus estimate of $9.45 billion. During the same period in the previous year, the business earned $0.15 EPS. The business’s quarterly revenue was up 17.8% on a year-over-year basis. Analysts predict that T-Mobile US Inc. will post $1.53 earnings per share for the current fiscal year.

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A number of equities research analysts recently weighed in on the company. Buckingham Research upped their price objective on T-Mobile US from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, August 25th. HSBC restated a “hold” rating on shares of T-Mobile US in a research note on Wednesday, September 28th. Robert W. Baird restated a “neutral” rating and set a $51.00 price objective on shares of T-Mobile US in a research note on Sunday, August 21st. Jefferies Group restated a “buy” rating and set a $55.00 price objective on shares of T-Mobile US in a research note on Tuesday, October 4th. Finally, Goldman Sachs Group Inc. cut T-Mobile US from a “conviction-buy” rating to a “buy” rating in a research note on Tuesday, October 25th. Seven equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $50.35.

In other news, insider Thomas Christopher Keys sold 14,700 shares of the business’s stock in a transaction dated Friday, September 2nd. The stock was sold at an average price of $47.11, for a total value of $692,517.00. Following the completion of the sale, the insider now directly owns 355,876 shares of the company’s stock, valued at approximately $16,765,318.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.30% of the stock is owned by insiders.

5 Day Chart for NASDAQ:TMUS

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