Nevsky Capital Llp Lowers stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Nevsky Capital Llp reduced its stake in T-Mobile US Inc by 89.27% during the most recent quarter end. The investment management company now holds a total of 66,600 shares of T-Mobile US Inc which is valued at $2,678,652 after selling 554,000 shares in T-Mobile US Inc , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.T-Mobile US Inc makes up approximately 8.00% of Nevsky Capital Llp’s portfolio.

T-Mobile US Inc opened for trading at $39.45 and hit $40.12 on the upside on Wednesday, eventually ending the session at $39.7, with a gain of 0.94% or 0.37 points. The heightened volatility saw the trading volume jump to 75,11,814 shares. Company has a market cap of $32,491 M.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in TMUS in the latest quarter, The investment management firm added 258 additional shares and now holds a total of 363 shares of T-Mobile US Inc which is valued at $14,600.Winslow Evans Crocker boosted its stake in TMUS in the latest quarter, The investment management firm added 365 additional shares and now holds a total of 2,863 shares of T-Mobile US Inc which is valued at $115,150. T-Mobile US Inc makes up approx 0.03% of Winslow Evans Crocker’s portfolio.Capital One National Association reduced its stake in TMUS by selling 472 shares or 3.16% in the most recent quarter. The Hedge Fund company now holds 14,469 shares of TMUS which is valued at $581,943. T-Mobile US Inc makes up approx 0.05% of Capital One National Association’s portfolio.Creative Planning reduced its stake in TMUS by selling 334 shares or 14.19% in the most recent quarter. The Hedge Fund company now holds 2,020 shares of TMUS which is valued at $78,053.Proficio Capital Partners reduced its stake in TMUS by selling 4 shares or 5.63% in the most recent quarter. The Hedge Fund company now holds 67 shares of TMUS which is valued at $2,589.

On the company’s financial health, T-Mobile US Inc reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.46 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.10. The company had revenue of $8600.00 million for the quarter, compared to analysts expectations of $8459.27 million. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.09 EPS.

Many Wall Street Analysts have commented on T-Mobile US Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 47 from a previous price target of $44 .Company shares were Reiterated by Barclays on Apr 18, 2016 to “Overweight”, Firm has raised the Price Target to $ 49 from a previous price target of $45 .T-Mobile US Inc was Initiated by Macquarie to “Neutral” on Apr 5, 2016.

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