T-Mobile US Inc (TMUS) : Paulson reduced its stake in T-Mobile US Inc by 26.06% during the most recent quarter end. The investment management company now holds a total of 14,624,100 shares of T-Mobile US Inc which is valued at $686,601,495 after selling 5,154,700 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 5.05% of Paulson’s portfolio.
Other Hedge Funds, Including , Voloridge Investment Management sold out all of its stake in TMUS during the most recent quarter. The investment firm sold 56,261 shares of TMUS which is valued $2,641,454. Stevens Capital Management Lp added TMUS to its portfolio by purchasing 9,279 company shares during the most recent quarter which is valued at $435,649. T-Mobile US Inc makes up approx 0.02% of Stevens Capital Management Lp’s portfolio.Global Thematic Partners reduced its stake in TMUS by selling 1,479,379 shares or 49.4% in the most recent quarter. The Hedge Fund company now holds 1,515,300 shares of TMUS which is valued at $72,401,034. T-Mobile US Inc makes up approx 1.69% of Global Thematic Partners’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 .