Vise Technologies Inc. Purchases 2,732 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vise Technologies Inc. lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 30.8% in the 4th quarter, Holdings Channel reports. The fund owned 11,615 shares of the Wireless communications provider’s stock after acquiring an additional 2,732 shares during the quarter. Vise Technologies Inc.’s holdings in T-Mobile US were worth $2,564,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Rakuten Securities Inc. raised its position in shares of T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 62 shares in the last quarter. CoreFirst Bank & Trust bought a new position in T-Mobile US during the 4th quarter valued at approximately $28,000. Financial Life Planners bought a new position in T-Mobile US during the 4th quarter valued at approximately $29,000. Albion Financial Group UT bought a new position in T-Mobile US during the 4th quarter valued at approximately $39,000. Finally, DT Investment Partners LLC increased its position in 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 valued at $42,000 after buying an additional 70 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $240.82 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a one year low of $164.21 and a one year high of $276.49. The firm has a market capitalization of $273.44 billion, a P/E ratio of 24.90, a PEG ratio of 1.55 and a beta of 0.69. The business has a fifty day moving average of $252.68 and a 200 day moving average of $243.49.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data 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 company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same quarter in the previous year, the company posted $2.00 earnings per share. T-Mobile US’s revenue was up 6.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.67% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Royal Bank of Canada raised their price objective on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a research report on Friday, March 21st. HSBC lowered T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective for the company. in a research report on Wednesday, March 5th. Scotiabank raised T-Mobile US from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. UBS Group lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 21st. Finally, Benchmark reaffirmed a “buy” rating and set a $275.00 price objective on shares of T-Mobile US in a research report on Thursday, March 27th. Ten research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $257.68.

T-Mobile US Company 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.