Seminole Management Lowers stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Seminole Management reduced its stake in T-Mobile US Inc by 40.15% during the most recent quarter end. The investment management company now holds a total of 1,613,733 shares of T-Mobile US Inc which is valued at $65.6 Million after selling 1,082,785 shares in T-Mobile US Inc , the firm said in a disclosure report filed with the SEC on May 11, 2016.T-Mobile US Inc makes up approximately 5.40% of Seminole Management’s portfolio.

Other Hedge Funds, Including , Cornerstone Capital Management Holdings. reduced its stake in TMUS by selling 92,631 shares or 39.67% in the most recent quarter. The Hedge Fund company now holds 140,872 shares of TMUS which is valued at $5.7 Million. T-Mobile US Inc makes up approx 0.05% of Cornerstone Capital Management Holdings.’s portfolio.Blackrock Fund Advisors reduced its stake in TMUS by selling 91,892 shares or 3.92% in the most recent quarter. The Hedge Fund company now holds 2,254,255 shares of TMUS which is valued at $91.6 Million. T-Mobile US Inc makes up approx 0.02% of Blackrock Fund Advisors’s portfolio.Ls Investment Advisors boosted its stake in TMUS in the latest quarter, The investment management firm added 178 additional shares and now holds a total of 5,235 shares of T-Mobile US Inc which is valued at $212,750. T-Mobile US Inc makes up approx 0.02% of Ls Investment Advisors’s portfolio.California Public Employees Retirement System boosted its stake in TMUS in the latest quarter, The investment management firm added 34,400 additional shares and now holds a total of 720,000 shares of T-Mobile US Inc which is valued at $28.4 Million. T-Mobile US Inc makes up approx 0.05% of California Public Employees Retirement System’s portfolio. Glenmede Trust Co Na added TMUS to its portfolio by purchasing 20,575 company shares during the most recent quarter which is valued at $808,186. T-Mobile US Inc makes up approx 0.01% of Glenmede Trust Co Na’s portfolio.

T-Mobile US Inc closed down -0.02 points or -0.05% at $40.62 with 30,23,437 shares getting traded on Monday. Post opening the session at $40.55, the shares hit an intraday low of $40.3 and an intraday high of $40.895 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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