Simplex Trading buys $2,226,016 stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Simplex Trading scooped up 26,191 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 Oct 7, 2016. The investment management firm now holds a total of 49,172 shares of T-Mobile US Inc which is valued at $2,226,016.T-Mobile US Inc makes up approximately 0.29% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Advisory Services Network reduced its stake in TMUS by selling 744 shares or 55.98% in the most recent quarter. The Hedge Fund company now holds 585 shares of TMUS which is valued at $26,483. T-Mobile US Inc makes up approx 0.01% of Advisory Services Network’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in TMUS in the latest quarter, The investment management firm added 381,872 additional shares and now holds a total of 423,520 shares of T-Mobile US Inc which is valued at $19,509,449. T-Mobile US Inc makes up approx 0.08% of Bnp Paribas Arbitrage Sa’s portfolio. Washington Trust Bank added TMUS to its portfolio by purchasing 45 company shares during the most recent quarter which is valued at $2,073.Harbour Capital Advisors reduced its stake in TMUS by selling 400 shares or 2.32% in the most recent quarter. The Hedge Fund company now holds 16,835 shares of TMUS which is valued at $775,504. T-Mobile US Inc makes up approx 0.42% of Harbour Capital Advisors’s portfolio.

T-Mobile US Inc closed down -0.23 points or -0.51% at $45.27 with 29,32,624 shares getting traded on Friday. Post opening the session at $45.74, the shares hit an intraday low of $44.91 and an intraday high of $45.74 and the price fluctuated in this range throughout the day.Shares ended Friday 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 .

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