T-Mobile US Inc (TMUS) : Discovery Capital Management Ct reduced its stake in T-Mobile US Inc by 24.9% during the most recent quarter end. The investment management company now holds a total of 3,768,846 shares of T-Mobile US Inc which is valued at $176,947,320 after selling 1,249,300 shares in T-Mobile US Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.T-Mobile US Inc makes up approximately 2.01% of Discovery Capital Management Ct’s portfolio.
Other Hedge Funds, Including , Brighton Jones reduced its stake in TMUS by selling 4,579 shares or 6.05% in the most recent quarter. The Hedge Fund company now holds 71,132 shares of TMUS which is valued at $3,358,142. T-Mobile US Inc makes up approx 0.57% of Brighton Jones’s portfolio.Winslow Evans Crocker boosted its stake in TMUS in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 2,864 shares of T-Mobile US Inc which is valued at $130,140. T-Mobile US Inc makes up approx 0.04% of Winslow Evans Crocker’s portfolio.First Quadrant L Pca boosted its stake in TMUS in the latest quarter, The investment management firm added 1,300 additional shares and now holds a total of 5,500 shares of T-Mobile US Inc which is valued at $244,970. T-Mobile US Inc makes up approx 0.01% of First Quadrant L Pca’s portfolio.
T-Mobile US Inc closed down -0.09 points or -0.19% at $46.25 with 26,43,490 shares getting traded on Thursday. Post opening the session at $46.41, the shares hit an intraday low of $46.21 and an intraday high of $46.94 and the price fluctuated in this range throughout the day.Shares ended Thursday 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. 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 .