Viking Global Investors Lp Lowers stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Viking Global Investors Lp reduced its stake in T-Mobile US Inc by 1.51% during the most recent quarter end. The investment management company now holds a total of 13,756,149 shares of T-Mobile US Inc which is valued at $727,975,405 after selling 210,391 shares in T-Mobile US Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.T-Mobile US Inc makes up approximately 3.33% of Viking Global Investors Lp’s portfolio.

Other Hedge Funds, Including , Asturias Capital reduced its stake in TMUS by selling 73,578 shares or 8.22% in the most recent quarter. The Hedge Fund company now holds 821,220 shares of TMUS which is valued at $43,458,962. T-Mobile US Inc makes up approx 13.49% of Asturias Capital’s portfolio.Bks Advisors reduced its stake in TMUS by selling 1,300 shares or 3.19% in the most recent quarter. The Hedge Fund company now holds 39,500 shares of TMUS which is valued at $2,093,895. T-Mobile US Inc makes up approx 0.99% of Bks Advisors’s portfolio.Blackrock Japan Ltd boosted its stake in TMUS in the latest quarter, The investment management firm added 4,000 additional shares and now holds a total of 385,213 shares of T-Mobile US Inc which is valued at $19,395,475. T-Mobile US Inc makes up approx 0.07% of Blackrock Japan Ltd’s portfolio.Gilder Gagnon Howe Co boosted its stake in TMUS in the latest quarter, The investment management firm added 1,825 additional shares and now holds a total of 4,904 shares of T-Mobile US Inc which is valued at $241,179.Agf Investments reduced its stake in TMUS by selling 80,978 shares or 4.37% in the most recent quarter. The Hedge Fund company now holds 1,772,877 shares of TMUS which is valued at $90,753,574. T-Mobile US Inc makes up approx 1.03% of Agf Investments’s portfolio.

T-Mobile US Inc opened for trading at $53.13 and hit $53.75 on the upside on Monday, eventually ending the session at $53.59, with a gain of 0.37% or 0.2 points. The heightened volatility saw the trading volume jump to 17,68,395 shares. Company has a market cap of $44,159 M.

On the company’s financial health, T-Mobile US Inc reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Oct 24, 2016. Analyst had a consensus of $0.22. The company had revenue of $9246.00 million for the quarter, compared to analysts expectations of $9453.17 million. The company’s revenue was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS.

Many Wall Street Analysts have commented on T-Mobile US Inc. Company shares were Reiterated by FBR & Co. on Oct 25, 2016 to “Mkt Perform”, Firm has raised the Price Target to $ 54 from a previous price target of $48 .T-Mobile US Inc was Upgraded by Wells Fargo to ” Outperform” on Aug 29, 2016.

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