T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,731 shares of the Wireless communications provider’s stock after acquiring an additional 761 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in T-Mobile US were worth $8,233,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. WASHINGTON TRUST Co increased its stake in T-Mobile US by 143.1% during the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares during the last quarter. Y.D. More Investments Ltd bought a new stake in shares of T-Mobile US during the 2nd quarter valued at about $27,000. Summit Securities Group LLC acquired a new stake in T-Mobile US during the second quarter worth about $27,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in T-Mobile US in the second quarter worth about $30,000. Finally, Westside Investment Management Inc. boosted its stake in T-Mobile US by 75.8% in the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 75 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Down 0.1 %

TMUS opened at $199.44 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. The company has a market capitalization of $233.71 billion, a PE ratio of 27.13, a P/E/G ratio of 0.74 and a beta of 0.51. The stock’s fifty day moving average is $192.29 and its 200-day moving average is $176.46. T-Mobile US, Inc. has a one year low of $135.82 and a one year high of $206.30.

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

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total value of $26,030,472.66. Following the transaction, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.66. Following the transaction, the director now owns 1,551,204 shares of the company’s stock, valued at approximately $305,183,874.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 133,461 shares of the company’s stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the sale, the director now directly owns 670,545,206 shares of the company’s stock, valued at $117,922,079,927.16. The disclosure for this sale can be found here. Insiders sold a total of 706,875 shares of company stock valued at $130,909,198 over the last ninety days. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TMUS shares. Tigress Financial increased their price target on T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. TD Cowen increased their target price on T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Morgan Stanley boosted their price target on shares of T-Mobile US from $191.00 to $209.00 and gave the company an “overweight” rating in a report on Monday, September 16th. Sanford C. Bernstein raised shares of T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Finally, Citigroup boosted their target price on shares of T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Eighteen analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Buy” and an average target price of $211.92.

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.