American Century Companies Inc. increased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 49.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 87,799 shares of the Wireless communications provider’s stock after buying an additional 29,018 shares during the period. American Century Companies Inc.’s holdings in T-Mobile US were worth $5,414,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. OZ Management LP boosted its holdings in T-Mobile US by 35.7% in the 2nd quarter. OZ Management LP now owns 1,733,472 shares of the Wireless communications provider’s stock worth $105,083,000 after buying an additional 455,847 shares during the period. Harbor Advisors LLC boosted its holdings in T-Mobile US by 81.2% in the 3rd quarter. Harbor Advisors LLC now owns 18,000 shares of the Wireless communications provider’s stock worth $1,110,000 after buying an additional 8,068 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in T-Mobile US by 6.6% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 28,740 shares of the Wireless communications provider’s stock worth $1,742,000 after buying an additional 1,789 shares during the period. PNC Financial Services Group Inc. boosted its holdings in T-Mobile US by 1,887.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,053,568 shares of the Wireless communications provider’s stock worth $63,865,000 after buying an additional 1,000,552 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in T-Mobile US by 4.7% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 51,484 shares of the Wireless communications provider’s stock worth $3,175,000 after buying an additional 2,296 shares during the period. 35.48% of the stock is owned by institutional investors.

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T-Mobile US, Inc. (TMUS) opened at $61.35 on Thursday. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.92 and a quick ratio of 0.80. The company has a market cap of $50,258.95, a PE ratio of 27.33, a price-to-earnings-growth ratio of 1.32 and a beta of 0.29. T-Mobile US, Inc. has a one year low of $53.30 and a one year high of $68.88.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.17. The business had revenue of $10.02 billion for the quarter, compared to the consensus estimate of $10.01 billion. T-Mobile US had a net margin of 5.55% and a return on equity of 9.99%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. sell-side analysts anticipate that T-Mobile US, Inc. will post 2.33 earnings per share for the current fiscal year.

Several research analysts recently weighed in on TMUS shares. KeyCorp set a $72.00 target price on shares of T-Mobile US and gave the stock a “buy” rating in a report on Wednesday, October 11th. UBS Group AG reaffirmed a “buy” rating and issued a $70.00 target price (down previously from $80.00) on shares of T-Mobile US in a report on Monday, November 6th. BidaskClub downgraded shares of T-Mobile US from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th. Cowen and Company reiterated a “buy” rating and issued a $70.00 price target on shares of T-Mobile US in a research note on Friday, August 25th. Finally, Deutsche Bank AG decreased their price target on shares of T-Mobile US from $70.00 to $65.00 and set a “hold” rating on the stock in a research note on Tuesday, October 10th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $69.91.

T-Mobile US Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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.

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

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