Stifel Financial Corp Has $4.80 Million Position in T-Mobile Us Inc (NASDAQ:TMUS)

Stifel Financial Corp lessened its holdings in T-Mobile Us Inc (NASDAQ:TMUS) by 3.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,937 shares of the Wireless communications provider’s stock after selling 2,420 shares during the period. Stifel Financial Corp’s holdings in T-Mobile Us were worth $4,804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of TMUS. NEXT Financial Group Inc increased its holdings in shares of T-Mobile Us by 108.4% in the second quarter. NEXT Financial Group Inc now owns 1,042 shares of the Wireless communications provider’s stock valued at $77,000 after purchasing an additional 542 shares during the last quarter. Wetherby Asset Management Inc. grew its stake in T-Mobile Us by 11.9% in the 2nd quarter. Wetherby Asset Management Inc. now owns 6,468 shares of the Wireless communications provider’s stock valued at $480,000 after buying an additional 689 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in T-Mobile Us by 3.5% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,330,999 shares of the Wireless communications provider’s stock valued at $98,680,000 after buying an additional 44,619 shares during the last quarter. SG Americas Securities LLC grew its stake in T-Mobile Us by 316.9% in the 2nd quarter. SG Americas Securities LLC now owns 41,563 shares of the Wireless communications provider’s stock valued at $3,081,000 after buying an additional 31,593 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. raised its holdings in T-Mobile Us by 457.8% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 55,725 shares of the Wireless communications provider’s stock valued at $4,131,000 after acquiring an additional 45,735 shares during the period. Institutional investors and hedge funds own 33.79% of the company’s stock.

Shares of TMUS opened at $77.74 on Friday. T-Mobile Us Inc has a 12 month low of $59.96 and a 12 month high of $85.22. The firm’s 50 day moving average is $79.87 and its 200-day moving average is $78.18. The stock has a market capitalization of $67.21 billion, a PE ratio of 23.14, a P/E/G ratio of 1.42 and a beta of 0.39. The company has a current ratio of 0.66, a quick ratio of 0.59 and a debt-to-equity ratio of 1.41.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Monday, October 28th. The Wireless communications provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.05. The business had revenue of $11.06 billion during the quarter, compared to analysts’ expectations of $11.33 billion. T-Mobile Us had a return on equity of 14.21% and a net margin of 7.53%. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.93 earnings per share. Equities research analysts predict that T-Mobile Us Inc will post 4.46 earnings per share for the current fiscal year.

TMUS has been the subject of several research reports. SunTrust Banks raised their price objective on shares of T-Mobile Us to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, October 29th. Sanford C. Bernstein began coverage on T-Mobile Us in a research report on Tuesday, October 15th. They issued an “outperform” rating and a $103.00 target price on the stock. HSBC set a $86.00 target price on T-Mobile Us and gave the stock a “hold” rating in a research note on Thursday, November 14th. Royal Bank of Canada reissued a “buy” rating and set a $94.00 price target on shares of T-Mobile Us in a report on Tuesday, October 29th. Finally, Cowen reduced their price target on T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating for the company in a research note on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $91.46.

T-Mobile Us Company 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 79.7 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.

See Also: What is a stock portfolio tracker?

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile Us Inc (NASDAQ:TMUS).

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

Receive News & Ratings for T-Mobile Us Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile Us and related companies with MarketBeat.com's FREE daily email newsletter.