T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Achmea Investment Management B.V.

Achmea Investment Management B.V. increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,987 shares of the Wireless communications provider’s stock after purchasing an additional 3,529 shares during the period. Achmea Investment Management B.V.’s holdings in T-Mobile US were worth $9,159,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sei Investments Co. lifted its position in shares of T-Mobile US by 3.1% in the fourth quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock valued at $29,574,000 after acquiring an additional 5,552 shares in the last quarter. GSA Capital Partners LLP acquired a new position in T-Mobile US in the 1st quarter valued at $1,908,000. Envestnet Portfolio Solutions Inc. lifted its holdings in T-Mobile US by 41.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock valued at $2,595,000 after purchasing an additional 4,777 shares in the last quarter. Cardinal Capital Management Inc. acquired a new stake in T-Mobile US during the 4th quarter worth $29,962,000. Finally, CFO4Life Group LLC purchased a new stake in shares of T-Mobile US during the first quarter worth $932,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Trading Up 1.9 %

NASDAQ TMUS opened at $202.41 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market capitalization of $237.19 billion, a P/E ratio of 27.54, a PEG ratio of 0.72 and a beta of 0.51. The firm’s 50-day moving average is $189.68 and its two-hundred day moving average is $174.90. T-Mobile US, Inc. has a 12 month low of $135.82 and a 12 month high of $205.28.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. The firm had revenue of $19.77 billion during the quarter, compared to analysts’ expectations of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company posted $1.86 EPS. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.18 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on TMUS. Benchmark boosted their price target on shares of T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Sanford C. Bernstein upgraded T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Evercore ISI upgraded T-Mobile US to a “hold” rating in a research report on Thursday, August 1st. Barclays lifted their price objective on T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Finally, The Goldman Sachs Group began coverage on T-Mobile US in a report on Monday, July 1st. They issued a “buy” rating and a $200.00 target price for the company. One research analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $201.44.

Insider Transactions at T-Mobile US

In related news, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the transaction, the director now owns 1,551,204 shares of the company’s stock, valued at approximately $305,183,874.96. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other T-Mobile US news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $177.16, for a total value of $23,643,950.76. Following the completion of the transaction, the director now owns 671,345,972 shares in the company, valued at $118,935,652,399.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total value of $26,030,472.66. Following the completion of the sale, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. The disclosure for this sale can be found here. Insiders sold a total of 973,797 shares of company stock worth $178,105,011 over the last ninety days. Company insiders own 0.67% of the company’s stock.

About T-Mobile US

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.