Mitsubishi UFJ Kokusai Asset Management Co. Ltd. decreased its holdings in T-Mobile US Inc (NASDAQ:TMUS) by 3.7% in the 4th quarter, HoldingsChannel reports. The firm owned 49,577 shares of the Wireless communications provider’s stock after selling 1,907 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in T-Mobile US were worth $3,154,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of TMUS. Rational Advisors LLC acquired a new stake in T-Mobile US in the 3rd quarter worth about $105,000. Cerebellum GP LLC acquired a new stake in T-Mobile US in the 4th quarter worth about $127,000. Capital Bank & Trust Co raised its stake in T-Mobile US by 3,128.6% in the 3rd quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock worth $139,000 after purchasing an additional 2,190 shares in the last quarter. Opera Trading Capital acquired a new stake in T-Mobile US in the 3rd quarter worth about $154,000. Finally, Renaissance Group LLC acquired a new stake in T-Mobile US in the 3rd quarter worth about $201,000. Institutional investors and hedge funds own 35.05% of the company’s stock.

Several analysts have weighed in on TMUS shares. Moffett Nathanson upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating in a research note on Monday, November 27th. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, November 21st. Deutsche Bank upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $56.22 to $65.00 in a research note on Thursday, November 9th. Societe Generale started coverage on shares of T-Mobile US in a research note on Tuesday, October 24th. They issued a “buy” rating and a $71.00 price objective for the company. Finally, BTIG Research lifted their price objective on shares of T-Mobile US from $74.00 to $84.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty have given a buy rating and four have assigned a strong buy rating to the company’s stock. T-Mobile US has an average rating of “Buy” and an average target price of $70.06.

T-Mobile US Inc (TMUS) opened at $59.20 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 1.50. T-Mobile US Inc has a 1-year low of $54.60 and a 1-year high of $68.88. The company has a market cap of $50,582.20, a PE ratio of 26.43, a price-to-earnings-growth ratio of 0.79 and a beta of 0.29.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.37 by $0.11. The firm had revenue of $10.76 billion for the quarter, compared to analyst estimates of $10.84 billion. T-Mobile US had a net margin of 11.19% and a return on equity of 9.96%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $0.45 EPS. equities research analysts predict that T-Mobile US Inc will post 3.05 earnings per share for the current year.

T-Mobile US announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, December 6th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the Wireless communications provider to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s management believes its stock is undervalued.

In related news, EVP Elizabeth A. Mcauliffe sold 4,310 shares of T-Mobile US stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $64.10, for a total transaction of $276,271.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP David A. Miller sold 15,000 shares of T-Mobile US 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 sale, the executive vice president now directly owns 104,448 shares in the company, valued at $6,557,245.44. The disclosure for this sale can be found here. Insiders have sold a total of 73,620 shares of company stock worth $4,708,192 over the last ninety days. 0.29% of the stock is currently owned by insiders.

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About T-Mobile US

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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