Columbus Hill Capital Management buys $21,024,210 stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Columbus Hill Capital Management scooped up 185,500 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 Aug 12, 2016. The investment management firm now holds a total of 447,800 shares of T-Mobile US Inc which is valued at $21,024,210.T-Mobile US Inc makes up approximately 2.33% of Columbus Hill Capital Management’s portfolio.

Other Hedge Funds, Including , Marshall Wace Llp boosted its stake in TMUS in the latest quarter, The investment management firm added 2,167,045 additional shares and now holds a total of 7,752,979 shares of T-Mobile US Inc which is valued at $364,002,364. T-Mobile US Inc makes up approx 2.98% of Marshall Wace Llp’s portfolio.Credit Suisse Ag reduced its stake in TMUS by selling 984,476 shares or 51.11% in the most recent quarter. The Hedge Fund company now holds 941,649 shares of TMUS which is valued at $44,210,421. T-Mobile US Inc makes up approx 0.05% of Credit Suisse Ag’s portfolio. Ngam Advisors added TMUS to its portfolio by purchasing 75,229 company shares during the most recent quarter which is valued at $3,551,561. T-Mobile US Inc makes up approx 0.05% of Ngam Advisors’s portfolio.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.Ibm Retirement Fund boosted its stake in TMUS in the latest quarter, The investment management firm added 1,520 additional shares and now holds a total of 33,840 shares of T-Mobile US Inc which is valued at $1,537,690. T-Mobile US Inc makes up approx 0.05% of Ibm Retirement Fund’s portfolio.

T-Mobile US Inc opened for trading at $46.64 and hit $47.18 on the upside on Monday, eventually ending the session at $46.73, with a gain of 1.68% or 0.77 points. The heightened volatility saw the trading volume jump to 26,13,159 shares. Company has a market cap of $38,447 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. T-Mobile US Inc was Upgraded by Wells Fargo to ” Outperform” on Aug 29, 2016. 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 .

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