Dynamic Technology Lab Private Ltd boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 196.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,883 shares of the Wireless communications provider’s stock after buying an additional 11,183 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in T-Mobile US were worth $1,041,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Buckingham Capital Management Inc. raised its holdings in T-Mobile US by 17.7% during the 3rd quarter. Buckingham Capital Management Inc. now owns 9,779 shares of the Wireless communications provider’s stock worth $603,000 after buying an additional 1,471 shares during the period. Ameriprise Financial Inc. grew its stake in T-Mobile US by 166.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 521,261 shares of the Wireless communications provider’s stock valued at $32,137,000 after acquiring an additional 325,784 shares in the last quarter. Commonwealth Equity Services Inc grew its stake in T-Mobile US by 5.0% during the 3rd quarter. Commonwealth Equity Services Inc now owns 99,443 shares of the Wireless communications provider’s stock valued at $6,131,000 after acquiring an additional 4,698 shares in the last quarter. Advisors Asset Management Inc. grew its stake in T-Mobile US by 20.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 78,739 shares of the Wireless communications provider’s stock valued at $4,855,000 after acquiring an additional 13,433 shares in the last quarter. Finally, Putnam FL Investment Management Co. purchased a new position in T-Mobile US during the 3rd quarter valued at about $2,155,000. Hedge funds and other institutional investors own 35.48% of the company’s stock.

T-Mobile US, Inc. (NASDAQ:TMUS) traded up $0.37 during midday trading on Wednesday, hitting $60.78. The stock had a trading volume of 668,681 shares, compared to its average volume of 4,305,559. The firm has a market capitalization of $50,170.00, a price-to-earnings ratio of 27.28, a P/E/G ratio of 1.32 and a beta of 0.29. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.80 and a current ratio of 0.92. T-Mobile US, Inc. has a 52 week low of $53.30 and a 52 week high of $68.88.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.17. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. The company had revenue of $10.02 billion for the quarter, compared to analyst estimates of $10.01 billion. During the same quarter last year, the firm posted $0.27 earnings per share. T-Mobile US’s revenue was up 7.7% compared to the same quarter last year. analysts anticipate that T-Mobile US, Inc. will post 2.33 EPS for the current fiscal year.

Several equities research analysts recently commented on the company. BidaskClub raised T-Mobile US from a “hold” rating to a “buy” rating in a research note on Saturday, August 5th. Cowen and Company reissued a “buy” rating and issued a $70.00 price target on shares of T-Mobile US in a research note on Friday, August 25th. Jefferies Group LLC reissued a “buy” rating and issued a $80.00 price target on shares of T-Mobile US in a research note on Thursday, September 7th. Deutsche Bank AG reissued a “hold” rating and issued a $70.00 price target on shares of T-Mobile US in a research note on Friday, September 8th. Finally, KeyCorp reissued an “overweight” rating and issued a $72.00 price target on shares of T-Mobile US in a research note on Saturday, September 16th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company’s stock. T-Mobile US has a consensus rating of “Buy” and an average target price of $69.91.

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T-Mobile US Profile

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.

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

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