T-Mobile US Cmn (NASDAQ:TMUS).
Thornburg Investment Management Inc says it sold 8,876 shares in the previous quarter decreasing its exposure to T-Mobile US Cmn by 0.4%. Its stake was worth $142,560,000 an increase of $1,867,000 as of the end of the quarter.
These firms have modified their investment in TMUS. As of quarter end Tredje Ap-fonden had acquired 18,460 shares growing its position 18.2%. The value of the investment in TMUS increased from $6,134,000 to $7,378,000 a change of $1,244,000 for the reporting period. As of the end of the quarter Marshall Wace LLP had sold a total of 245,511 shares trimming its holdings by 31.3%. The value in dollars went from $47,809,000 to $33,371,000 decreasing 30.2% quarter to quarter.
As of the end of the quarter Agf Investments Inc. had sold 71,820 shares trimming its stake by 4.5%. The value of the company’s investment in T-Mobile US Cmn decreased from $96,247,000 to $93,446,000 a change of 2.9% quarter over quarter.
On November 7 Jefferies Group LLC kept the stock rating at “Buy” with a current price target of $4.50.
November 6 investment analysts at Robert W. Baird maintained a company rating of “Hold” targeting a price of $70.00. Equity analyst Societe Generale updated its forecast on TMUS setting a rating of “Buy”.
On October 24 Macquarie left the company rating at “Hold” projecting a price of $68.00. Bank of America Corporation raised the price target on October 24 changing the price objective from $34.00 to $40.00 with a rating of “Underperform”.
The company is now up by 0.45% since yesterday’s close of 56.54. T-Mobile US Cmn currently has a P/E ratio of 22.27 and the market cap of the company is 47.04B. In the last earnings report the EPS was $2.55 with 831.96M shares currently outstanding.
Investors are more bullish on T-Mobile US Cmn of late as indicated by the motion in short interest. The firm recorded a fall in short interest from September 29, 2017 to October 13, 2017 of -3.29%. Short interest decreased 759,206 over that period. Days to cover increased from 4.0 to 6.0 and the percentage of shorted shares is 0.03% as of October 13.