Zimmer Partners LP Cut T Mobile Us (TMUS) Position by $9.45 Million; Stock Price Rose; Investment Centers Of America Raised Its United Parcel Service (UPS) Position by $1.94 Million

November 15, 2017 - By Peter Erickson

Stuart J. Zimmer decreased its stake in T Mobile Us Inc (TMUS) by 63% based on its latest 2017Q2 regulatory filing with the SEC. Zimmer Partners Lp sold 157,500 shares as the company’s stock rose 3.83% with the market. The hedge fund run by Stuart J. Zimmer held 92,500 shares of the public utilities company at the end of 2017Q2, valued at $5.61M, down from 250,000 at the end of the previous reported quarter. Zimmer Partners Lp who had been investing in T Mobile Us Inc for a number of months, seems to be less bullish one the $47.04 billion market cap company. The stock declined 0.18% or $0.1 reaching $56.44 per share. About 571,021 shares traded. T-Mobile US Inc (NYSE:TMUS) has risen 62.63% since November 15, 2016 and is uptrending. It has outperformed by 45.93% the S&P500.

Investment Centers Of America Inc increased its stake in United Parcel Service Inc (UPS) by 93.89% based on its latest 2017Q2 regulatory filing with the SEC. Investment Centers Of America Inc bought 17,642 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 36,433 shares of the transportation company at the end of 2017Q2, valued at $4.03 million, up from 18,791 at the end of the previous reported quarter. Investment Centers Of America Inc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $97.77 billion market cap company. The stock declined 0.53% or $0.61 reaching $113.46 on the news. About 323,986 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since November 15, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Analysts await T-Mobile US Inc (NASDAQ:TMUS) to report earnings on February, 13. They expect $0.31 earnings per share, down 31.11% or $0.14 from last year’s $0.45 per share. TMUS’s profit will be $258.37 million for 45.52 P/E if the $0.31 EPS becomes a reality. After $0.63 actual earnings per share reported by T-Mobile US Inc for the previous quarter, Wall Street now forecasts -50.79% negative EPS growth.

Investors sentiment increased to 1.36 in Q2 2017. Its up 0.14, from 1.22 in 2017Q1. It increased, as 58 investors sold TMUS shares while 140 reduced holdings. 82 funds opened positions while 187 raised stakes. 278.36 million shares or 0.37% less from 279.41 million shares in 2017Q1 were reported. Boston Private Wealth Ltd Company owns 12,535 shares or 0.03% of their US portfolio. Aqr Cap Mngmt Limited Liability Corp reported 115,890 shares stake. Highland Mgmt Lc has 17,220 shares for 0.08% of their portfolio. California State Teachers Retirement Sys reported 548,494 shares. Boston Advisors Ltd Co invested in 286,752 shares. Tyrus Capital Sam invested in 72,500 shares or 0.34% of the stock. Winfield Associates Inc invested 0.01% in T-Mobile US Inc (NASDAQ:TMUS). Two Sigma Secs Llc, a New York-based fund reported 7,139 shares. Ontario – Canada-based Toronto Dominion Bancorp has invested 0% in T-Mobile US Inc (NASDAQ:TMUS). Etrade Cap Management Limited Liability Corporation owns 9,462 shares or 0.02% of their US portfolio. Northwestern Mutual Wealth Mngmt Com accumulated 1,869 shares or 0% of the stock. Lone Pine Ltd Limited Liability Company holds 2.2% or 7.12M shares. Gruss And holds 1.76% or 25,700 shares in its portfolio. Voya Invest Mgmt Ltd Com reported 35,232 shares. Act Ii Mgmt LP has 4.07% invested in T-Mobile US Inc (NASDAQ:TMUS) for 99,231 shares.

Zimmer Partners Lp, which manages about $1.50B and $4.21B US Long portfolio, upped its stake in Charter Communications Inc N by 66,315 shares to 350,000 shares, valued at $117.90M in 2017Q2, according to the filing. It also increased its holding in Comcast Corp New (NASDAQ:CMCSA) by 913,800 shares in the quarter, for a total of 1.16M shares, and has risen its stake in Extended Stay Amer Inc (NYSE:STAY).

More notable recent T-Mobile US Inc (NASDAQ:TMUS) news were published by: Globenewswire.com which released: “T-Mobile US, Inc. (Nasdaq: TMUS) to Ring The Nasdaq Stock Market Closing Bell …” on November 08, 2017, also Nasdaq.com with their article: “T-Mobile US Inc. (TMUS) Is Falling After Sprint Talks Collapse” published on November 06, 2017, Businesswire.com published: “T-Mobile Has Your Home’s Back(up) with Nest Secure” on November 08, 2017. More interesting news about T-Mobile US Inc (NASDAQ:TMUS) were released by: Nasdaq.com and their article: “T-Mobile US (TMUS) Upgraded to Ba2 by Moody’s, Outlook Stable” published on November 15, 2017 as well as Moodys.com‘s news article titled: “Moody’s upgrades T-Mobile to Ba2; outlook stable” with publication date: November 10, 2017.

Among 30 analysts covering T-Mobile US (NYSE:TMUS), 22 have Buy rating, 1 Sell and 7 Hold. Therefore 73% are positive. T-Mobile US had 66 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 2. RBC Capital Markets maintained T-Mobile US Inc (NASDAQ:TMUS) on Friday, July 31 with “Outperform” rating. The stock of T-Mobile US Inc (NASDAQ:TMUS) has “Buy” rating given on Friday, July 31 by Canaccord Genuity. The rating was maintained by Jefferies on Tuesday, November 7 with “Buy”. As per Monday, June 13, the company rating was maintained by Citigroup. The company was maintained on Tuesday, August 1 by Jefferies. On Monday, March 28 the stock rating was maintained by Bernstein with “Market Perform”. The firm has “Hold” rating by Robert W. Baird given on Wednesday, October 4. The company was maintained on Wednesday, October 18 by BTIG Research. The rating was downgraded by Nomura on Friday, June 24 to “Neutral”.

Among 20 analysts covering United Parcel Service (NYSE:UPS), 7 have Buy rating, 1 Sell and 12 Hold. Therefore 35% are positive. United Parcel Service had 50 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Friday, October 27 by BMO Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $115.0 target in Tuesday, September 5 report. UBS maintained the stock with “Neutral” rating in Friday, October 27 report. The firm has “Hold” rating given on Monday, July 17 by Cowen & Co. Robert W. Baird maintained it with “Hold” rating and $125.0 target in Thursday, October 5 report. The rating was initiated by Loop Capital with “Hold” on Tuesday, December 20. The firm has “Hold” rating by Robert W. Baird given on Friday, September 29. On Wednesday, February 8 the stock rating was upgraded by Aegis Capital to “Buy”. JP Morgan maintained United Parcel Service, Inc. (NYSE:UPS) on Thursday, October 12 with “Neutral” rating. As per Friday, October 27, the company rating was maintained by Loop Capital.

Since June 5, 2017, it had 0 buys, and 1 sale for $214,980 activity.

Investors sentiment increased to 1.05 in Q2 2017. Its up 0.07, from 0.98 in 2017Q1. It is positive, as 61 investors sold UPS shares while 410 reduced holdings. 91 funds opened positions while 402 raised stakes. 447.95 million shares or 1.37% less from 454.16 million shares in 2017Q1 were reported. Architects owns 1,200 shares or 0.02% of their US portfolio. Ally Financial has invested 1.31% in United Parcel Service, Inc. (NYSE:UPS). Pennsylvania Tru reported 134,730 shares. Riverpoint Capital Management Ltd Llc holds 0.07% or 9,422 shares in its portfolio. Tiaa Cref Investment Management Ltd Liability Corp holds 2.46 million shares. Profit Invest Lc owns 3,455 shares. 28,666 were accumulated by Boston & Management. Mufg Americas Hldgs Corporation owns 208,081 shares. Mitsubishi Ufj Secs Holdings Co Limited holds 0.02% or 30 shares. Arizona State Retirement Systems has invested 0.3% in United Parcel Service, Inc. (NYSE:UPS). Linscomb And Williams reported 38,118 shares or 0.38% of all its holdings. Exane Derivatives holds 1,332 shares or 0% of its portfolio. Diversified Comm holds 19,042 shares. State Of Wisconsin Inv Board accumulated 718,476 shares. Monetary Management Gp has 0.02% invested in United Parcel Service, Inc. (NYSE:UPS).

Investment Centers Of America Inc, which manages about $2.09 billion and $1.32B US Long portfolio, decreased its stake in Ishares Tr (IDU) by 3,238 shares to 9,239 shares, valued at $1.20 million in 2017Q2, according to the filing. It also reduced its holding in Bp Plc (NYSE:BP) by 22,117 shares in the quarter, leaving it with 71,651 shares, and cut its stake in Conocophillips (NYSE:COP).

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