T-Mobile US, Inc. $TMUS Shares Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 25.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,061 shares of the Wireless communications provider’s stock after purchasing an additional 11,300 shares during the period. Jefferies Financial Group Inc.’s holdings in T-Mobile US were worth $13,420,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TMUS. Allworth Financial LP lifted its holdings in shares of T-Mobile US by 14.2% in the second quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock valued at $1,556,000 after purchasing an additional 810 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of T-Mobile US by 4.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider’s stock worth $107,884,000 after purchasing an additional 19,486 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in T-Mobile US by 7.8% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 204,754 shares of the Wireless communications provider’s stock valued at $49,014,000 after buying an additional 14,800 shares in the last quarter. Varma Mutual Pension Insurance Co lifted its stake in T-Mobile US by 8.8% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider’s stock valued at $19,849,000 after buying an additional 6,700 shares in the last quarter. Finally, Xponance Inc. increased its position in T-Mobile US by 17.7% during the third quarter. Xponance Inc. now owns 80,749 shares of the Wireless communications provider’s stock worth $19,330,000 after buying an additional 12,143 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 0.5%

Shares of T-Mobile US stock opened at $221.57 on Monday. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $272.60. The business’s fifty day moving average is $202.78 and its two-hundred day moving average is $215.53. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45. The firm has a market cap of $244.14 billion, a PE ratio of 22.82, a P/E/G ratio of 1.43 and a beta of 0.42.

Insider Transactions at T-Mobile US

In related news, insider Mark Wolfe Nelson sold 10,240 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $220.80, for a total transaction of $2,260,992.00. Following the transaction, the insider directly owned 74,280 shares in the company, valued at approximately $16,401,024. This represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Srikant M. Datar sold 3,291 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total value of $727,640.10. Following the completion of the sale, the director directly owned 1,038 shares in the company, valued at approximately $229,501.80. The trade was a 76.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 694,134 shares of company stock valued at $150,847,799. Corporate insiders own 0.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Weiss Ratings cut T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Wolfe Research reissued an “outperform” rating and issued a $255.00 target price on shares of T-Mobile US in a research note on Thursday, February 12th. TD Cowen reduced their target price on shares of T-Mobile US from $263.00 to $252.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Finally, Barclays raised their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $257.09.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.