November 30, 2016 - By Richard Conner · 0 Comments
T-mobile US Inc (NASDAQ:TMUS) institutional sentiment decreased to 1.05 in 2016 Q2. Its down -0.11, from 1.16 in 2016Q1. The ratio dropped, as 178 investment managers increased and started new stock positions, while 153 sold and trimmed holdings in T-mobile US Inc. The investment managers in our partner’s database now possess: 275.99 million shares, down from 278.28 million shares in 2016Q1. Also, the number of investment managers holding T-mobile US Inc in their top 10 stock positions increased from 11 to 21 for an increase of 10. Sold All: 38 Reduced: 115 Increased: 133 New Position: 45.
The stock increased 0.75% or $0.41 during the last trading session, hitting $55.39. T-Mobile US Inc (NASDAQ:TMUS) has risen 39.52% since April 27, 2016 and is uptrending. It has outperformed by 34.29% the S&P500.
Analysts await T-Mobile US Inc (NASDAQ:TMUS) to report earnings on February, 15. They expect $0.29 earnings per share, down 14.71% or $0.05 from last year’s $0.34 per share. TMUS’s profit will be $237.17M for 47.75 P/E if the $0.29 EPS becomes a reality. After $0.27 actual earnings per share reported by T-Mobile US Inc for the previous quarter, Wall Street now forecasts 7.41% EPS growth.
According to Zacks Investment Research, “T-Mobile is a national provider of mobile communications services. Based in Bellevue, Wash., T-Mobile US operates its flagship brands, T-Mobile and MetroPCS. It currently serves approximately 44 million wireless subscribers and provides products and services through 70,000 points of distribution.”
Sarbit Advisory Services Inc. holds 15.66% of its portfolio in T-Mobile US Inc for 1.84 million shares. Quaker Capital Investments Llc owns 701,161 shares or 12.51% of their US portfolio. Moreover, Jericho Capital Asset Management L.P. has 7.7% invested in the company for 3.23 million shares. The New York-based Antipodean Advisors Llc has invested 7.64% in the stock. Meru Capital Group Lp, a New York-based fund reported 384,868 shares.#img1#
Ratings analysis reveals 40% of T-Mobile US’s analysts are positive. Out of 5 Wall Street analysts rating T-Mobile US, 2 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $40 while the high is $54.0. The stock’s average target of $44.56 is -19.55% below today’s ($55.39) share price. TMUS was included in 11 notes of analysts from August 3, 2015. The firm earned “Sell” rating on Tuesday, September 22 by Vetr. As per Tuesday, October 25, the company rating was maintained by FBR Capital. The stock of T-Mobile US Inc (NASDAQ:TMUS) has “Outperform” rating given on Monday, August 29 by Wells Fargo. Macquarie Research maintained it with “Neutral” rating and $40 target price in Monday, August 3 report. Pacific Crest maintained T-Mobile US Inc (NASDAQ:TMUS) on Wednesday, August 19 with “Positive” rating.
T-Mobile US, Inc. (T-Mobile), incorporated on March 10, 2004, is a well-known provider of mobile communications services. The Firm provides wireless communications services, including voice, messaging and data under its brands. It provides to wireless communications services to approximately 60 million clients in the postpaid, prepaid and wholesale markets. The Firm provides service, devices and accessories across its brands, T-Mobile and MetroPCS, in the United States, Puerto Rico and the United States Virgin Islands.
More news for T-Mobile US Inc (NASDAQ:TMUS) were recently published by: Fool.com, which released: “Better Buy: Frontier Communications Corp vs. T-Mobile US Inc” on November 18, 2016. Nasdaq.com‘s article titled: “T-Mobile US, Inc. to Present at the Wells Fargo Technology, Media and Telecom …” and published on November 07, 2016 is yet another important article.
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By Richard Conner