Nwi Management Lp Lowers stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Nwi Management Lp reduced its stake in T-Mobile US Inc by 3.41% during the most recent quarter end. The investment management company now holds a total of 850,000 shares of T-Mobile US Inc which is valued at $39,907,500 after selling 30,000 shares in T-Mobile US Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.T-Mobile US Inc makes up approximately 3.92% of Nwi Management Lp’s portfolio.

Other Hedge Funds, Including , Oppenheimerfunds boosted its stake in TMUS in the latest quarter, The investment management firm added 546,407 additional shares and now holds a total of 1,139,652 shares of T-Mobile US Inc which is valued at $53,506,661. T-Mobile US Inc makes up approx 0.07% of Oppenheimerfunds’s portfolio. Tradelink Capital sold out all of its stake in TMUS during the most recent quarter. The investment firm sold 6,071 shares of TMUS which is valued $286,612.Sumitomo Mitsui Asset Management Company Ltd boosted its stake in TMUS in the latest quarter, The investment management firm added 40,228 additional shares and now holds a total of 59,070 shares of T-Mobile US Inc which is valued at $2,737,304. T-Mobile US Inc makes up approx 0.08% of Sumitomo Mitsui Asset Management Company Ltd’s portfolio.Daiwa Securities Group boosted its stake in TMUS in the latest quarter, The investment management firm added 1,200 additional shares and now holds a total of 8,050 shares of T-Mobile US Inc which is valued at $367,402.Atalanta Sosnoff Capital reduced its stake in TMUS by selling 20,635 shares or 5.81% in the most recent quarter. The Hedge Fund company now holds 334,555 shares of TMUS which is valued at $15,269,090. T-Mobile US Inc makes up approx 0.50% of Atalanta Sosnoff Capital’s portfolio.

T-Mobile US Inc opened for trading at $46.96 and hit $47.31 on the upside on Tuesday, eventually ending the session at $46.83, with a gain of 0.26% or 0.12 points. The heightened volatility saw the trading volume jump to 15,63,806 shares. Company has a market cap of $38,529 M.

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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