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

T-Mobile US Inc (TMUS) : Soros Fund Management reduced its stake in T-Mobile US Inc by 18.93% during the Q4 period. The investment management company now holds a total of 543,122 shares of T-Mobile US Inc which is valued at $20.1 Million after selling 126,801 shares in T-Mobile US Inc according to the most recent disclosure to the SEC.T-Mobile US Inc makes up approximately 0.45% of Soros Fund Management’s portfolio.

Other Hedge Funds, Including , Credit Capital Investments boosted its stake in TMUS during the Q4 period, The investment management firm added 5,000 additional shares and now holds a total of 49,619 shares of T-Mobile US Inc which is valued at $1.8 Million. T-Mobile US Inc makes up approx 1.26% of Credit Capital Investments’s portfolio. Btg Pactual Global Asset Management Ltd sold out all of its stake in TMUS during the fourth quarter. The investment firm sold 18,000 shares of TMUS which is valued $664,740.Credit Agricole S A boosted its stake in TMUS during the Q4 period, The investment management firm added 496,176 additional shares and now holds a total of 1,380,169 shares of T-Mobile US Inc which is valued at $51 Million. T-Mobile US Inc makes up approx 0.24% of Credit Agricole S A’s portfolio.Tredje Ap-fonden boosted its stake in TMUS during the Q4 period, The investment management firm added 588 additional shares and now holds a total of 15,579 shares of T-Mobile US Inc which is valued at $575,332. T-Mobile US Inc makes up approx 0.04% of Tredje Ap-fonden’s portfolio.Teacher Retirement System Of Texas reduced its stake in TMUS by selling 8,241 shares or 1.26% during the fourth quarter. The Hedge Fund company now holds 644,808 shares of TMUS which is valued at $23.8 Million. T-Mobile US Inc makes up approx 0.17% of Teacher Retirement System Of Texas’s portfolio.

On the company’s financial health, T-Mobile US Inc reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Feb 17, 2016. Analyst had a consensus of $0.16. The company had revenue of $8247.00 million for the quarter, compared to analysts expectations of $8226.32 million. The company’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.

Many Wall Street Analysts have commented on T-Mobile US Inc. T-Mobile US Inc was Initiated by Macquarie to “Neutral” on Apr 5, 2016. FBR Capital Initiated T-Mobile US Inc on Mar 24, 2016 to “Mkt Perform”, Price Target of the shares are set at $40.Deutsche Bank Initiated T-Mobile US Inc on Feb 24, 2016 to “Buy”, Price Target of the shares are set at $46.

T-Mobile US Inc closed down -0.28 points or -0.72% at $38.82 with 45,79,519 shares getting traded on Thursday. Post opening the session at $38.75, the shares hit an intraday low of $38.42 and an intraday high of $39.04 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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