Caldwell & Orkin Inc. trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 20.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,200 shares of the Wireless communications provider’s stock after selling 1,900 shares during the quarter. Caldwell & Orkin Inc.’s holdings in T-Mobile US were worth $436,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. OZ Management LP grew its position in T-Mobile US by 35.7% during the second quarter. OZ Management LP now owns 1,733,472 shares of the Wireless communications provider’s stock valued at $105,083,000 after buying an additional 455,847 shares during the period. Arizona State Retirement System bought a new stake in T-Mobile US during the second quarter valued at approximately $1,390,000. APG Asset Management N.V. grew its position in T-Mobile US by 11.8% during the second quarter. APG Asset Management N.V. now owns 3,555,136 shares of the Wireless communications provider’s stock valued at $215,512,000 after buying an additional 376,200 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its position in T-Mobile US by 2,770.0% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 143,500 shares of the Wireless communications provider’s stock valued at $9,279,000 after buying an additional 138,500 shares during the period. Finally, Oregon Public Employees Retirement Fund grew its position in T-Mobile US by 9.6% during the second quarter. Oregon Public Employees Retirement Fund now owns 67,600 shares of the Wireless communications provider’s stock valued at $4,098,000 after buying an additional 5,900 shares during the period. Institutional investors own 34.72% of the company’s stock.

TMUS has been the subject of several recent research reports. Jefferies Group LLC restated a “buy” rating and set a $80.00 target price on shares of T-Mobile US in a research report on Saturday, July 22nd. Drexel Hamilton initiated coverage on shares of T-Mobile US in a research report on Thursday, June 8th. They set a “buy” rating and a $80.00 target price for the company. Royal Bank Of Canada restated a “buy” rating and set a $76.00 target price on shares of T-Mobile US in a research report on Friday, June 2nd. Goldman Sachs Group, Inc. (The) initiated coverage on shares of T-Mobile US in a research report on Monday, May 22nd. They set a “buy” rating for the company. Finally, UBS AG restated a “buy” rating and set a $80.00 target price on shares of T-Mobile US in a research report on Saturday, July 22nd. Twelve analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $70.06.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2017/09/14/caldwell-orkin-inc-sells-1900-shares-of-t-mobile-us-inc-tmus.html.

T-Mobile US, Inc. (TMUS) traded down 0.99% during trading on Thursday, hitting $62.18. 1,261,034 shares of the stock traded hands. The stock has a 50 day moving average price of $63.41 and a 200-day moving average price of $63.86. T-Mobile US, Inc. has a 52-week low of $44.49 and a 52-week high of $68.88. The stock has a market cap of $51.67 billion, a P/E ratio of 26.35 and a beta of 0.47.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 19th. The Wireless communications provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.29. T-Mobile US had a return on equity of 8.66% and a net margin of 5.19%. The firm had revenue of $10.21 billion for the quarter, compared to analyst estimates of $9.82 billion. During the same quarter last year, the firm posted $0.25 EPS. The business’s revenue was up 10.0% on a year-over-year basis. On average, analysts anticipate that T-Mobile US, Inc. will post $2.29 EPS for the current fiscal year.

About T-Mobile US

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS).

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile US Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US Inc. and related companies with MarketBeat.com's FREE daily email newsletter.