LGT Fund Management Co Ltd. significantly reduced its stake in T-Mobile US, Inc. by 53.6% in the third quarter, now owning 11,713 shares valued at $2.73 million. Despite this, other institutional investors have increased their holdings, and the company maintains a “Moderate Buy” consensus rating from analysts with an average price target of $257.09. Recent insider selling by directors G. Michael Sievert and Srikant M. Datar also occurred.
LGT Fund Management Co Ltd. Reduces Stake in T-Mobile US, Inc. $TMUS
LGT Fund Management Co Ltd. significantly reduced its stake in T-Mobile US, Inc. by 53.6% in the third quarter, now owning 11,713 shares valued at $2.73 million. Despite this, other institutional investors have increased their holdings, and the company maintains a “Moderate Buy” consensus rating from analysts with an average price target of $257.09. Recent insider selling by directors G. Michael Sievert and Srikant M. Datar also occurred.