BlackRock Advisors LLC raised its position in shares of T-Mobile US Inc. (NASDAQ:TMUS) by 0.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 665,154 shares of the company’s stock after buying an additional 1,147 shares during the period. BlackRock Advisors LLC owned approximately 0.08% of T-Mobile US worth $28,781,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TMUS. Checchi Capital Advisers LLC boosted its stake in shares of T-Mobile US by 1.4% in the second quarter. Checchi Capital Advisers LLC now owns 3,386 shares of the company’s stock worth $147,000 after buying an additional 48 shares during the period. Mn Services Vermogensbeheer B.V. boosted its stake in shares of T-Mobile US by 2.4% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 7,236 shares of the company’s stock worth $282,000 after buying an additional 169 shares during the period. Gilder Gagnon Howe & Co. LLC boosted its stake in shares of T-Mobile US by 9.6% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 3,079 shares of the company’s stock worth $133,000 after buying an additional 269 shares during the period. BKS Advisors LLC boosted its stake in shares of T-Mobile US by 0.7% in the second quarter. BKS Advisors LLC now owns 40,800 shares of the company’s stock worth $1,765,000 after buying an additional 300 shares during the period. Finally, CIBC Asset Management Inc boosted its stake in shares of T-Mobile US by 0.9% in the second quarter. CIBC Asset Management Inc now owns 57,945 shares of the company’s stock worth $2,507,000 after buying an additional 516 shares during the period. 34.17% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Inc. (NASDAQ:TMUS) opened at 45.88 on Thursday. T-Mobile US Inc. has a 52-week low of $33.23 and a 52-week high of $48.11. The stock has a market cap of $37.75 billion, a P/E ratio of 35.29 and a beta of 0.76. The firm’s 50-day moving average is $46.52 and its 200-day moving average is $42.53.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 27th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.05. T-Mobile US had a net margin of 3.36% and a return on equity of 6.77%. The business earned $9.20 billion during the quarter, compared to analyst estimates of $9.03 billion. During the same quarter in the prior year, the firm earned $0.42 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities research analysts predict that T-Mobile US Inc. will post $1.31 earnings per share for the current year.

A number of analysts have recently issued reports on the stock. FBR & Co increased their price objective on shares of T-Mobile US from $40.00 to $48.00 and gave the stock a “market perform” rating in a research note on Friday, July 29th. BTIG Research increased their price objective on shares of T-Mobile US from $50.00 to $56.00 and gave the stock a “buy” rating in a research note on Tuesday, August 2nd. Barclays PLC increased their price objective on shares of T-Mobile US from $49.00 to $50.00 and gave the stock an “overweight” rating in a research note on Thursday, July 28th. Jefferies Group reissued a “buy” rating and issued a $55.00 price objective on shares of T-Mobile US in a research note on Thursday, July 28th. Finally, Deutsche Bank AG increased their price objective on shares of T-Mobile US from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, July 28th. Ten investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $48.78.

In other news, EVP Neville R. Ray sold 3,969 shares of the business’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $45.01, for a total transaction of $178,644.69. Following the transaction, the executive vice president now owns 206,073 shares of the company’s stock, valued at approximately $9,275,345.73. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Thomas Christopher Keys sold 14,700 shares of the business’s stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of $47.11, for a total transaction of $692,517.00. Following the transaction, the insider now directly owns 355,876 shares in the company, valued at approximately $16,765,318.36. The disclosure for this sale can be found here. Insiders own 0.30% of the company’s stock.

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