Artemis Investment Management LLP raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 670,320 shares of the Wireless communications provider’s stock after acquiring an additional 22,041 shares during the quarter. Artemis Investment Management LLP owned approximately 0.05% of T-Mobile US worth $83,955,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Outlook Wealth Advisors LLC boosted its holdings in shares of T-Mobile US by 1.6% in the fourth quarter. Outlook Wealth Advisors LLC now owns 6,000 shares of the Wireless communications provider’s stock worth $809,000 after buying an additional 92 shares during the period. Bedel Financial Consulting Inc. boosted its holdings in shares of T-Mobile US by 9.3% in the first quarter. Bedel Financial Consulting Inc. now owns 1,164 shares of the Wireless communications provider’s stock worth $146,000 after buying an additional 99 shares during the period. Prime Capital Investment Advisors LLC boosted its holdings in shares of T-Mobile US by 16.6% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 702 shares of the Wireless communications provider’s stock worth $95,000 after purchasing an additional 100 shares during the period. Atwood & Palmer Inc. boosted its holdings in shares of T-Mobile US by 48.5% during the first quarter. Atwood & Palmer Inc. now owns 306 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 100 shares during the period. Finally, Syntal Capital Partners LLC boosted its holdings in shares of T-Mobile US by 0.8% during the fourth quarter. Syntal Capital Partners LLC now owns 12,509 shares of the Wireless communications provider’s stock worth $1,686,000 after purchasing an additional 102 shares during the period. Hedge funds and other institutional investors own 58.45% of the company’s stock.

Several research firms recently commented on TMUS. Royal Bank of Canada set a $133.00 price target on shares of T-Mobile US and gave the stock a “neutral” rating in a report on Friday, March 12th. Deutsche Bank Aktiengesellschaft raised their price target on shares of T-Mobile US from $155.00 to $185.00 and gave the stock a “buy” rating in a report on Monday, April 26th. UBS Group restated a “buy” rating and set a $162.00 price target on shares of T-Mobile US in a report on Friday, March 12th. Truist raised their price target on shares of T-Mobile US from $135.00 to $150.00 in a report on Friday, February 5th. Finally, Sanford C. Bernstein set a $172.00 target price on shares of T-Mobile US and gave the company a “buy” rating in a research note on Thursday, January 7th. Four research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $145.48.

Shares of TMUS stock opened at $131.45 on Tuesday. T-Mobile US, Inc. has a 1 year low of $86.06 and a 1 year high of $135.54. The firm’s fifty day simple moving average is $128.82 and its 200 day simple moving average is $126.66. The firm has a market capitalization of $163.89 billion, a P/E ratio of 42.96, a price-to-earnings-growth ratio of 2.22 and a beta of 0.55. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 1.05.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, February 4th. The Wireless communications provider reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.09. The firm had revenue of $20.34 billion for the quarter, compared to analyst estimates of $19.97 billion. T-Mobile US had a net margin of 5.11% and a return on equity of 8.69%. During the same quarter in the previous year, the firm posted $0.87 EPS. Equities research analysts anticipate that T-Mobile US, Inc. will post 3.49 EPS for the current fiscal year.

In other T-Mobile US news, CEO G Michael Sievert sold 40,000 shares of the business’s stock in a transaction on Friday, February 26th. The shares were sold at an average price of $121.67, for a total value of $4,866,800.00. Also, insider Neville R. Ray sold 10,800 shares of the business’s stock in a transaction on Thursday, February 25th. The shares were sold at an average price of $125.12, for a total transaction of $1,351,296.00. Insiders sold a total of 93,200 shares of company stock worth $11,731,760 in the last three months. Insiders own 0.47% of the company’s stock.

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 102.1 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.

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

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