Trading Report: Today: GRATRY & Co LLC decides to keep it stake in T-Mobile US Inc. (TMUS) to the level of $654,000

Today: GRATRY & Co LLC decides to keep it stake in T-Mobile US Inc. (TMUS) to the level of $654,000

GRATRY & Co LLC cut its position in T-Mobile US Inc. (NASDAQ:TMUS) by 1.0% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 13,993 shares of the company’s stock after selling 137 shares during the period. GRATRY & Co LLC’s holdings in T-Mobile US were worth $654,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in TMUS. Strs Ohio raised its stake in T-Mobile US by 106.8% in the second quarter. Strs Ohio now owns 799,735 shares of the company’s stock worth $34,604,000 after buying an additional 413,087 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its stake in T-Mobile US by 0.5% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 841,434 shares of the company’s stock worth $36,409,000 after buying an additional 3,781 shares during the period. Royal Bank of Canada raised its stake in T-Mobile US by 55.0% in the second quarter. Royal Bank of Canada now owns 835,964 shares of the company’s stock worth $36,173,000 after buying an additional 296,546 shares during the period. Nationwide Fund Advisors raised its stake in T-Mobile US by 0.3% in the second quarter. Nationwide Fund Advisors now owns 266,600 shares of the company’s stock worth $11,536,000 after buying an additional 800 shares during the period. Finally, Carmignac Gestion raised its stake in T-Mobile US by 1.0% in the second quarter. Carmignac Gestion now owns 5,215,074 shares of the company’s stock worth $225,656,000 after buying an additional 50,700 shares during the period. 34.32% of the stock is owned by institutional investors.

T-Mobile US Inc. (NASDAQ:TMUS) opened at 54.59 on Monday. The firm’s 50 day moving average price is $49.94 and its 200 day moving average price is $45.93. T-Mobile US Inc. has a one year low of $33.23 and a one year high of $54.93. The stock has a market cap of $44.98 billion, a price-to-earnings ratio of 34.57 and a beta of 0.66.

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

A number of equities research analysts have recently issued reports on TMUS shares. Buckingham Research upped their price target on T-Mobile US from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, August 25th. HSBC restated a “hold” rating on shares of T-Mobile US in a research report on Wednesday, September 28th. Vetr lowered T-Mobile US from a “buy” rating to a “hold” rating and set a $48.53 price target for the company. in a research report on Monday, September 5th. Jefferies Group restated a “buy” rating and issued a $55.00 price target on shares of T-Mobile US in a research report on Tuesday, October 4th. Finally, Argus restated a “buy” rating and issued a $56.00 price target (up from $49.00) on shares of T-Mobile US in a research report on Thursday, August 4th. Seven equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. T-Mobile US presently has an average rating of “Buy” and a consensus target price of $50.35.

In other news, insider Thomas Christopher Keys sold 14,700 shares of the business’s stock in a transaction on Friday, September 2nd. The shares were sold at an average price of $47.11, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.30% of the company’s stock.

Related posts

Leave a Comment