US Bancorp DE increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,445 shares of the Wireless communications provider’s stock after buying an additional 682 shares during the period. US Bancorp DE’s holdings in T-Mobile US were worth $633,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TMUS. Proficio Capital Partners LLC boosted its stake in shares of T-Mobile US by 23.8% in the first quarter. Proficio Capital Partners LLC now owns 1,592 shares of the Wireless communications provider’s stock valued at $108,000 after buying an additional 306 shares during the period. Fifth Third Bancorp boosted its stake in shares of T-Mobile US by 64.8% in the first quarter. Fifth Third Bancorp now owns 1,730 shares of the Wireless communications provider’s stock valued at $112,000 after buying an additional 680 shares during the period. D. Scott Neal Inc. bought a new stake in shares of T-Mobile US during the second quarter valued at about $116,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in shares of T-Mobile US by 62.5% in the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,950 shares of the Wireless communications provider’s stock valued at $126,000 after buying an additional 750 shares during the period. Finally, NEXT Financial Group Inc boosted its stake in shares of T-Mobile US by 233.3% in the first quarter. NEXT Financial Group Inc now owns 2,000 shares of the Wireless communications provider’s stock valued at $135,000 after buying an additional 1,400 shares during the period. Institutional investors and hedge funds own 35.89% of the company’s stock.

T-Mobile US, Inc. (TMUS) traded down 0.2261% during mid-day trading on Tuesday, reaching $63.6358. The company had a trading volume of 859,448 shares. T-Mobile US, Inc. has a 12-month low of $44.35 and a 12-month high of $68.88. The firm has a 50-day moving average price of $61.98 and a 200 day moving average price of $63.62. The firm has a market capitalization of $52.88 billion, a price-to-earnings ratio of 26.9643 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 19th. The Wireless communications provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.29. T-Mobile US had a net margin of 5.19% and a return on equity of 8.66%. The company had revenue of $10.21 billion during the quarter, compared to the consensus estimate of $9.82 billion. During the same period in the previous year, the firm posted $0.25 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year. Analysts expect that T-Mobile US, Inc. will post $2.32 EPS for the current year.

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Several equities research analysts recently issued reports on TMUS shares. SunTrust Banks, Inc. started coverage on T-Mobile US in a research note on Tuesday, April 18th. They issued a “buy” rating and a $76.00 price target for the company. Jefferies Group LLC boosted their price target on T-Mobile US from $71.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, April 25th. William Blair reiterated a “buy” rating on shares of T-Mobile US in a research note on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) started coverage on T-Mobile US in a research note on Monday, May 22nd. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $76.00 price target on shares of T-Mobile US in a research note on Friday, June 2nd. Eleven investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. T-Mobile US has an average rating of “Buy” and an average price target of $68.82.

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

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