4,667 Shares in T-Mobile US, Inc. $TMUS Acquired by Sirios Capital Management L P

Sirios Capital Management L P purchased a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,667 shares of the Wireless communications provider’s stock, valued at approximately $1,117,000.

A number of other hedge funds also recently made changes to their positions in the company. Howard Hughes Medical Institute purchased a new position in shares of T-Mobile US in the second quarter valued at $25,000. United Community Bank increased its stake in T-Mobile US by 131.1% during the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 59 shares during the period. Elevation Wealth Partners LLC lifted its holdings in T-Mobile US by 190.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 76 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in T-Mobile US in the 2nd quarter worth $31,000. Finally, City Holding Co. boosted its position in T-Mobile US by 48.4% in the 3rd quarter. City Holding Co. now owns 141 shares of the Wireless communications provider’s stock valued at $34,000 after buying an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 1.4%

Shares of NASDAQ TMUS opened at $217.39 on Friday. 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 stock’s 50 day moving average price is $204.16 and its two-hundred day moving average price is $214.76. T-Mobile US, Inc. has a 52-week low of $181.36 and a 52-week high of $272.60. The stock has a market capitalization of $239.53 billion, a P/E ratio of 22.39, a PEG ratio of 1.39 and a beta of 0.43.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 550,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the completion of the sale, the director owned 891,204 shares in the company, valued at $193,899,254.28. The trade was a 38.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Mark Wolfe Nelson sold 2,329 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $222.38, for a total transaction of $517,923.02. Following the sale, the insider directly owned 65,677 shares in the company, valued at $14,605,251.26. This trade represents a 3.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Scotiabank lowered their target price on T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating for the company in a research note on Thursday, February 12th. Royal Bank Of Canada cut their price target on T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Argus lowered their price objective on T-Mobile US from $275.00 to $245.00 and set a “buy” rating for the company in a research note on Tuesday, December 9th. Wall Street Zen downgraded T-Mobile US from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $255.00 target price on shares of T-Mobile US in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $257.09.

T-Mobile US Profile

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.