Calamos Advisors Lowers stake in T-Mobile US Inc (TMUS)

T-Mobile US Inc (TMUS) : Calamos Advisors reduced its stake in T-Mobile US Inc by 9.5% during the most recent quarter end. The investment management company now holds a total of 1,149,584 shares of T-Mobile US Inc which is valued at $52,467,014 after selling 120,711 shares in T-Mobile US Inc , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.T-Mobile US Inc makes up approximately 0.48% of Calamos Advisors’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in TMUS in the latest quarter, The investment management firm added 413,087 additional shares and now holds a total of 799,735 shares of T-Mobile US Inc which is valued at $36,499,905. T-Mobile US Inc makes up approx 0.16% of Strs Ohio’s portfolio. Miller Howard Investments Inc Ny sold out all of its stake in TMUS during the most recent quarter. The investment firm sold 9,739 shares of TMUS which is valued $442,540.Acadian Asset Management boosted its stake in TMUS in the latest quarter, The investment management firm added 2,182 additional shares and now holds a total of 2,188 shares of T-Mobile US Inc which is valued at $97,454.Murphy Capital Management Inc boosted its stake in TMUS in the latest quarter, The investment management firm added 3,850 additional shares and now holds a total of 34,100 shares of T-Mobile US Inc which is valued at $1,518,814. T-Mobile US Inc makes up approx 0.23% of Murphy Capital Management Inc’s portfolio.Trust Co reduced its stake in TMUS by selling 334 shares or 0.91% in the most recent quarter. The Hedge Fund company now holds 36,251 shares of TMUS which is valued at $1,579,819. T-Mobile US Inc makes up approx 0.60% of Trust Co’s portfolio.

T-Mobile US Inc opened for trading at $46.23 and hit $46.96 on the upside on Friday, eventually ending the session at $46.34, with a gain of 0.26% or 0.12 points. The heightened volatility saw the trading volume jump to 32,36,981 shares. Company has a market cap of $38,126 M.

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. 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 .T-Mobile US Inc was Downgraded by Nomura to ” Neutral” on Jun 24, 2016.

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