Could T-Mobile US Inc See a Reversal After Today’s Strong Options Activity?

 Could T Mobile US Inc See a Reversal After Today's Strong Options Activity?

In today’s session T-Mobile US Inc (TMUS) recorded an unusually high (4,495) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious TMUS decrease. With 4,495 contracts traded and 354 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: TMUS161216P00052000 closed last at: $0.65 or 4.4% down. About 121,593 shares traded hands. T-Mobile US Inc (NASDAQ:TMUS) has risen 35.11% since April 22, 2016 and is uptrending. It has outperformed by 29.70% the S&P500.

Analysts await T-Mobile US Inc (NASDAQ:TMUS) to report earnings on February, 15. They expect $0.29 earnings per share, down 14.71% or $0.05 from last year’s $0.34 per share. TMUS’s profit will be $237.49 million for 47.14 P/E if the $0.29 EPS becomes a reality. After $0.27 actual earnings per share reported by T-Mobile US Inc for the previous quarter, Wall Street now forecasts 7.41% EPS growth.

T-Mobile US Inc (NASDAQ:TMUS) Ratings Coverage

Out of 5 analysts covering T-Mobile US (NASDAQ:TMUS), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. $54.0 is the highest target while $40 is the lowest. The $44.56 average target is -18.51% below today’s ($54.68) stock price. T-Mobile US has been the topic of 11 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Monday, August 3 by Macquarie Research. The company was upgraded on Monday, August 29 by Wells Fargo. As per Tuesday, October 25, the company rating was maintained by FBR Capital. The company was maintained on Wednesday, August 19 by Pacific Crest. The rating was downgraded by Vetr on Tuesday, September 22 to “Sell”.

According to Zacks Investment Research, “T-Mobile is a national provider of mobile communications services. Based in Bellevue, Wash., T-Mobile US operates its flagship brands, T-Mobile and MetroPCS. It currently serves approximately 44 million wireless subscribers and provides products and services through 70,000 points of distribution.”

Insitutional Activity: The institutional sentiment decreased to 1.05 in 2016 Q2. Its down 0.11, from 1.16 in 2016Q1. The ratio dived, as 38 funds sold all T-Mobile US Inc shares owned while 115 reduced positions. 45 funds bought stakes while 133 increased positions. They now own 275.99 million shares or 0.82% less from 278.28 million shares in 2016Q1.
Blackstone Group L P last reported 598,238 shares in the company. Peak6 Invs L P, a Illinois-based fund reported 31,075 shares. The New York-based Morgan Stanley has invested 0.07% in T-Mobile US Inc (NASDAQ:TMUS). Blackrock Gru last reported 0.05% of its portfolio in the stock. Quentec Asset Mngmt Limited Liability Corporation accumulated 1.92% or 357,100 shares. Ameriprise Fincl holds 0% or 123,191 shares in its portfolio. Paradigm Asset Mgmt Com Ltd Liability Corp accumulated 8,600 shares or 0% of the stock. Lord Abbett & Limited Liability Corp owns 239,871 shares or 0.03% of their US portfolio. Thompson Davis And has invested 0.06% of its portfolio in T-Mobile US Inc (NASDAQ:TMUS). Blackrock Invest Mgmt Ltd Liability Co reported 95,126 shares or 0.01% of all its holdings. Moreover, Jane Street Grp Inc Limited Liability Corporation has 0.02% invested in T-Mobile US Inc (NASDAQ:TMUS) for 76,320 shares. Reliance Trust Communications Of Delaware has 32,470 shares for 0.11% of their US portfolio. Parametric Port Associates Ltd Liability holds 0.03% or 393,618 shares in its portfolio. Stevens Capital Mgmt Ltd Partnership accumulated 9,279 shares or 0.02% of the stock. Advisors Asset Management holds 0.02% or 28,710 shares in its portfolio.

TMUS Company Profile

T-Mobile US, Inc. (T-Mobile), incorporated on March 10, 2004, is a well-known provider of mobile communications services. The Firm provides wireless communications services, including voice, messaging and data under its brands. It provides to wireless communications services to approximately 60 million clients in the postpaid, prepaid and wholesale markets. The Firm provides service, devices and accessories across its brands, T-Mobile and MetroPCS, in the United States, Puerto Rico and the United States Virgin Islands.

More news for T-Mobile US Inc (NASDAQ:TMUS) were recently published by: Fool.com, which released: “Better Buy: Frontier Communications Corp vs. T-Mobile US Inc” on November 18, 2016. Profitconfidential.com‘s article titled: “T-Mobile US Inc: The Upside in TMUS stock is Staggering” and published on October 28, 2016 is yet another important article.

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