Brighton Jones Lowers stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Brighton Jones reduced its stake in T-Mobile US Inc by 6.05% during the most recent quarter end. The investment management company now holds a total of 71,132 shares of T-Mobile US Inc which is valued at $3,358,142 after selling 4,579 shares in T-Mobile US Inc , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.T-Mobile US Inc makes up approximately 0.57% of Brighton Jones’s portfolio.

Other Hedge Funds, Including , Swiss National Bank boosted its stake in TMUS in the latest quarter, The investment management firm added 61,100 additional shares and now holds a total of 803,024 shares of T-Mobile US Inc which is valued at $37,910,763. T-Mobile US Inc makes up approx 0.06% of Swiss National Bank’s portfolio. Quantitative Systematic Strategies added TMUS to its portfolio by purchasing 37,968 company shares during the most recent quarter which is valued at $1,759,437. T-Mobile US Inc makes up approx 0.76% of Quantitative Systematic Strategies’s portfolio.American Century Companies Inc boosted its stake in TMUS in the latest quarter, The investment management firm added 178,725 additional shares and now holds a total of 436,208 shares of T-Mobile US Inc which is valued at $19,908,533. T-Mobile US Inc makes up approx 0.02% of American Century Companies Inc’s portfolio. Meeder Asset Management Inc sold out all of its stake in TMUS during the most recent quarter. The investment firm sold 9,739 shares of TMUS which is valued $442,540.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.

T-Mobile US Inc closed down -0.17 points or -0.36% at $47.61 with 30,54,978 shares getting traded on Monday. Post opening the session at $47.73, the shares hit an intraday low of $47.46 and an intraday high of $48.11 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, T-Mobile US Inc reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.21. The company had revenue of $9200.00 million for the quarter, compared to analysts expectations of $9026.54 million. The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 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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