Transatlantique Private Wealth LLC Has $3.30 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Transatlantique Private Wealth LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,644 shares of the Wireless communications provider’s stock after buying an additional 2,591 shares during the period. T-Mobile US accounts for approximately 1.3% of Transatlantique Private Wealth LLC’s holdings, making the stock its 14th biggest holding. Transatlantique Private Wealth LLC’s holdings in T-Mobile US were worth $3,298,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Aveo Capital Partners LLC boosted its holdings in T-Mobile US by 6.5% in the fourth quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock valued at $361,000 after acquiring an additional 137 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of T-Mobile US by 2.9% in the 4th quarter. Corient Private Wealth LLC now owns 146,304 shares of the Wireless communications provider’s stock valued at $23,457,000 after purchasing an additional 4,184 shares during the last quarter. Assetmark Inc. grew its position in shares of T-Mobile US by 32.0% during the 4th quarter. Assetmark Inc. now owns 28,894 shares of the Wireless communications provider’s stock worth $4,633,000 after buying an additional 7,000 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of T-Mobile US by 26.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 643 shares of the Wireless communications provider’s stock worth $103,000 after buying an additional 135 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in T-Mobile US by 91.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 43,667 shares of the Wireless communications provider’s stock valued at $7,001,000 after buying an additional 20,901 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on TMUS. TD Cowen lifted their target price on shares of T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Sanford C. Bernstein upgraded T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. The Goldman Sachs Group began coverage on T-Mobile US in a report on Monday, July 1st. They set a “buy” rating and a $200.00 target price on the stock. Deutsche Bank Aktiengesellschaft upped their price target on T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, Wells Fargo & Company lifted their price objective on shares of T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Eighteen equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $211.92.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $199.44 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 business has a 50-day moving average of $192.29 and a 200-day moving average of $176.46. The stock has a market capitalization of $233.71 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 0.74 and a beta of 0.51. T-Mobile US, Inc. has a fifty-two week low of $135.82 and a fifty-two week high of $206.30.

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

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 2,706 shares of the company’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $200.11, for a total transaction of $541,497.66. Following the sale, the director now directly owns 1,826,204 shares of the company’s stock, valued at $365,441,682.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other T-Mobile US news, Director Raul Marcelo Claure sold 2,706 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $200.11, for a total transaction of $541,497.66. Following the transaction, the director now owns 1,826,204 shares of the company’s stock, valued at $365,441,682.44. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction on Monday, July 1st. The shares were sold at an average price of $177.59, for a total value of $532,770.00. Following the completion of the sale, the insider now owns 122,687 shares in the company, valued at approximately $21,787,984.33. The disclosure for this sale can be found here. Over the last three months, insiders sold 706,875 shares of company stock valued at $130,909,198. 0.67% of the stock is owned by corporate insiders.

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.