44,700 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Purchased by Sora Investors LLC

Sora Investors LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 44,700 shares of the Wireless communications provider’s stock, valued at approximately $9,867,000.

Other institutional investors have also made changes to their positions in the company. Rakuten Securities Inc. grew its position in T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 62 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the 4th quarter valued at $28,000. Financial Life Planners acquired a new stake in T-Mobile US during the 4th quarter worth approximately $29,000. Albion Financial Group UT acquired a new position in shares of T-Mobile US during the fourth quarter worth about $39,000. Finally, DT Investment Partners LLC boosted its stake in shares of T-Mobile US by 58.8% during the 4th quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider’s stock worth $42,000 after buying an additional 70 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. HSBC cut T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a research note on Wednesday, March 5th. Citigroup cut T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price for the company. in a research note on Friday, March 14th. Bank of America boosted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, Oppenheimer increased their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Ten research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $257.68.

Insider Buying and Selling

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares of the company’s stock, valued at approximately $865,533. This trade represents a 18.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.67% of the stock is currently owned by insiders.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $240.16 on Friday. T-Mobile US, Inc. has a twelve month low of $162.15 and a twelve month high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a market cap of $272.69 billion, a P/E ratio of 24.84, a P/E/G ratio of 1.55 and a beta of 0.69. The stock has a 50 day moving average of $254.24 and a two-hundred day moving average of $242.87.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. During the same quarter in the previous year, the company earned $2.00 EPS. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

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 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.