Mobile board approves up to $1.5 bln buyback program

Stock You Should Track Today: T-Mobile US, Inc. (TMUS), FireEye, Inc. (FEYE)

Investors may be tracking sell-side analyst opinions on shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 39.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The Nomura Asset Management Company Ltd holds 50,789 shares with $3.08 million value, down from 89,099 last quarter.

Analysts await T-Mobile US, Inc. Finally, PNC Financial Services Group Inc. lifted its holdings in T-Mobile US by 1,887.3% in the 2nd quarter. Primecap Mgmt Ca reported 0.01% stake. The stock increased 1.97% or $1.2 during the last trading session, reaching $62.16. 82 funds opened positions while 187 raised stakes. Pekin Singer Strauss Asset Management IL boosted its stake in China Mobile by 29.2% in the fourth quarter. Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since December 5, 2016 and is uptrending. Oppenheimer & Co. Inc. now owns 28,740 shares of the Wireless communications provider's stock worth $1,742,000 after purchasing an additional 1,789 shares during the period. (NASDAQ:TMUS). Principal Grp stated it has 0% of its portfolio in T-Mobile US, Inc. Its down 13.34% from 5.58M shares previously. Institutional investors and hedge funds own 34.96% of the company's stock. T-Mobile US has a consensus rating of "Buy" and an average price target of $69.34. Deutsche Bank cut their price objective on T-Mobile US from $70.00 to $65.00 and set a "hold" rating for the company in a research report on Tuesday, October 10th. BTIG Research maintained the shares of TMUS in report on Wednesday, October 18 with "Buy" rating. Jefferies Group reiterated a "buy" rating and set a $80.00 price target on shares of T-Mobile US in a report on Thursday, September 7th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock.

T-Mobile US, Inc. engages in the provision of mobile communications services under the T-Mobile and MetroPCS brands in the U.S., Puerto Rico, and the U.S. Virgin Islands. China Mobile Ltd. The company has a market cap of $225.11 billion, a P/E ratio of 14.15 and a beta of 0.47. Oregon Pub Employees Retirement Fund owns 67,600 shares or 0.07% of their USA portfolio.

Among 31 analysts covering T-Mobile US (NYSE:TMUS), 24 have Buy rating, 1 Sell and 6 Hold. Earnings per share is generally reported in annualized form from the most recent fiscal year. The business's quarterly revenue was up 7.7% compared to the same quarter past year.

"Since launching Un-carrier, T-Mobile has delivered unmatched growth and continues to take share in a rapidly changing and competitive wireless industry", Legere said in a press release today.

TRADEMARK VIOLATION NOTICE: "T-Mobile US, Inc". The legal version of this report can be read at https://weekherald.com/2017/12/07/t-mobile-us-inc-tmus-holdings-reduced-by-picton-mahoney-asset-management.html. If you are viewing this report on another domain, it was copied illegally and republished in violation of United States & worldwide trademark and copyright laws. (NASDAQ:TMUS) news were published by: Finance.Yahoo.com which released: "T-Mobile US Inc Stock Is the Best Pick in a Bad Sector" on November 21, 2017, also Nasdaq.com with their article: "T-Mobile US (TMUS) Seeks FCC Permission for E-Band 5G Trial" published on December 04, 2017, Investorplace.com published: "T-Mobile US Inc Stock Might Be Growing Telecom, but It Is Not a Buy" on December 04, 2017. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services.

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