Sadoff Investment Management buys $37,116,573 stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Sadoff Investment Management scooped up 748,810 additional shares in T-Mobile US Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 816,826 shares of T-Mobile US Inc which is valued at $37,116,573.T-Mobile US Inc makes up approximately 4.20% of Sadoff Investment Management’s portfolio.

Other Hedge Funds, Including , Wealthtrust-arizona boosted its stake in TMUS in the latest quarter, The investment management firm added 2,028 additional shares and now holds a total of 2,038 shares of T-Mobile US Inc which is valued at $92,607. T-Mobile US Inc makes up approx 0.06% of Wealthtrust-arizona’s portfolio.Nisa Investment Advisors reduced its stake in TMUS by selling 600 shares or 0.71% in the most recent quarter. The Hedge Fund company now holds 83,350 shares of TMUS which is valued at $3,698,240. T-Mobile US Inc makes up approx 0.05% of Nisa Investment Advisors’s portfolio.Hall Laurie J Trustee boosted its stake in TMUS in the latest quarter, The investment management firm added 363 additional shares and now holds a total of 650 shares of T-Mobile US Inc which is valued at $28,737. T-Mobile US Inc makes up approx 0.02% of Hall Laurie J Trustee’s portfolio.Gateway Investment Advisers reduced its stake in TMUS by selling 44,216 shares or 36.08% in the most recent quarter. The Hedge Fund company now holds 78,337 shares of TMUS which is valued at $3,463,279. T-Mobile US Inc makes up approx 0.03% of Gateway Investment Advisers’s portfolio.

T-Mobile US Inc opened for trading at $44.29 and hit $44.56 on the upside on Wednesday, eventually ending the session at $44.54, with a gain of 0.36% or 0.16 points. The heightened volatility saw the trading volume jump to 16,47,663 shares. Company has a market cap of $36,620 M.

On the company’s financial health, T-Mobile US Inc reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.46 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.10. The company had revenue of $8600.00 million for the quarter, compared to analysts expectations of $8459.27 million. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.09 EPS.

Many Wall Street Analysts have commented on T-Mobile US Inc. Company shares were Reiterated by Jefferies on Jul 21, 2016 to “Buy”, Firm has raised the Price Target to $ 55 from a previous price target of $45 .Company shares were Reiterated by Deutsche Bank on Jul 19, 2016 to “Buy”, Firm has raised the Price Target to $ 52 from a previous price target of $46 .T-Mobile US Inc was Downgraded by Nomura to ” Neutral” on Jun 24, 2016.

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