MGO One Seven LLC Buys 3,344 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

MGO One Seven LLC lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 120.0% during the second quarter, Holdings Channel.com reports. The firm owned 6,131 shares of the Wireless communications provider’s stock after acquiring an additional 3,344 shares during the period. MGO One Seven LLC’s holdings in T-Mobile US were worth $1,080,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aveo Capital Partners LLC raised its position in shares of T-Mobile US by 6.5% during the fourth quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock worth $361,000 after purchasing an additional 137 shares during the period. Jump Financial LLC bought a new stake in T-Mobile US during the 4th quarter valued at $846,000. Envestnet Portfolio Solutions Inc. raised its holdings in T-Mobile US by 41.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after buying an additional 4,777 shares during the last quarter. Inceptionr LLC bought a new position in shares of T-Mobile US in the fourth quarter valued at $267,000. Finally, Quadrant Capital Group LLC grew its holdings in shares of T-Mobile US by 19.5% during the fourth quarter. Quadrant Capital Group LLC now owns 5,433 shares of the Wireless communications provider’s stock valued at $871,000 after buying an additional 887 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Insiders Place Their Bets

In related news, Director Raul Marcelo Claure sold 132,309 shares of the business’s 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 sale, the director now directly owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $194.57, for a total value of $3,891,400.00. Following the completion of the transaction, the chief executive officer now directly owns 418,124 shares of the company’s stock, valued at $81,354,386.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock in a transaction 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 completion of the transaction, the director now owns 1,551,204 shares of the company’s stock, valued at $305,183,874.96. The disclosure for this sale can be found here. Insiders sold 973,797 shares of company stock valued at $178,105,011 over the last ninety days. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $202.83 on Friday. The company has a market capitalization of $236.66 billion, a PE ratio of 27.60, a price-to-earnings-growth ratio of 0.74 and a beta of 0.51. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. T-Mobile US, Inc. has a 52-week low of $135.82 and a 52-week high of $205.28. The company has a 50-day simple moving average of $190.15 and a 200 day simple moving average of $175.17.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (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 company had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. During the same quarter last year, the business posted $1.86 EPS. T-Mobile US’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, research analysts predict that T-Mobile US, Inc. will post 9.18 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TMUS shares. Evercore ISI upgraded shares of T-Mobile US to a “hold” rating in a report on Thursday, August 1st. The Goldman Sachs Group initiated coverage on T-Mobile US in a research note on Monday, July 1st. They issued a “buy” rating and a $200.00 price objective for the company. Tigress Financial raised their target price on T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a report on Monday, August 12th. Wells Fargo & Company upped their price target on T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Benchmark raised their price objective on T-Mobile US from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and a consensus price target of $201.44.

About T-Mobile US

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.