Voya Investment Management LLC Raises Stock Holdings in T-Mobile Us Inc (NASDAQ:TMUS)

Voya Investment Management LLC boosted its stake in shares of T-Mobile Us Inc (NASDAQ:TMUS) by 183.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,503 shares of the Wireless communications provider’s stock after purchasing an additional 89,715 shares during the quarter. Voya Investment Management LLC’s holdings in T-Mobile Us were worth $10,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of TMUS. WT Wealth Management bought a new stake in shares of T-Mobile Us in the 3rd quarter valued at about $372,000. First Allied Advisory Services Inc. lifted its position in T-Mobile Us by 5.2% during the third quarter. First Allied Advisory Services Inc. now owns 11,518 shares of the Wireless communications provider’s stock valued at $909,000 after acquiring an additional 574 shares during the last quarter. Signet Investment Advisory Group Inc. purchased a new stake in T-Mobile Us during the third quarter valued at approximately $258,000. Rational Advisors LLC lifted its position in T-Mobile Us by 1,201.9% during the third quarter. Rational Advisors LLC now owns 12,850 shares of the Wireless communications provider’s stock valued at $1,012,000 after acquiring an additional 11,863 shares during the last quarter. Finally, Corient Capital Partners LLC boosted its stake in T-Mobile Us by 40.3% in the third quarter. Corient Capital Partners LLC now owns 4,459 shares of the Wireless communications provider’s stock valued at $351,000 after acquiring an additional 1,280 shares in the last quarter. Institutional investors own 33.79% of the company’s stock.

Shares of T-Mobile Us stock opened at $78.01 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 0.66 and a debt-to-equity ratio of 1.41. T-Mobile Us Inc has a twelve month low of $59.96 and a twelve month high of $85.22. The business has a 50-day moving average price of $79.98 and a 200 day moving average price of $78.15. The firm has a market cap of $67.21 billion, a PE ratio of 23.22, a P/E/G ratio of 1.42 and a beta of 0.39.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Monday, October 28th. The Wireless communications provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.05. T-Mobile Us had a return on equity of 14.21% and a net margin of 7.53%. The company had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $11.33 billion. During the same quarter in the prior year, the business posted $0.93 earnings per share. T-Mobile Us’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, sell-side analysts expect that T-Mobile Us Inc will post 4.46 EPS for the current year.

Several research firms have issued reports on TMUS. UBS Group reaffirmed a “buy” rating on shares of T-Mobile Us in a report on Tuesday, November 19th. Cowen decreased their price objective on T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating for the company in a report on Tuesday, October 29th. Oppenheimer reissued a “market perform” rating on shares of T-Mobile Us in a research report on Tuesday, August 27th. Raymond James boosted their target price on T-Mobile Us from $94.00 to $95.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $94.00 target price on shares of T-Mobile Us in a research report on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $91.46.

T-Mobile Us Profile

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 79.7 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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