Capital One National Association Has Decreased Its T Mobile Us (TMUS) Stake; 3 Analysts Bullish PennyMac Mortgage Investment Trust (PMT)

June 10, 2018 - By Henry Gaston

Capital One National Association decreased T Mobile Us Inc (TMUS) stake by 3.88% reported in 2018Q1 SEC filing. Capital One National Association sold 6,122 shares as T Mobile Us Inc (TMUS)’s stock declined 7.40%. The Capital One National Association holds 151,639 shares with $9.26M value, down from 157,761 last quarter. T Mobile Us Inc now has $48.95B valuation. The stock decreased 0.03% or $0.02 during the last trading session, reaching $57.8. About 2.27 million shares traded. T-Mobile US, Inc. (NYSE:TMUS) has declined 16.61% since June 10, 2017 and is downtrending. It has underperformed by 29.18% the S&P500. Some Historical TMUS News: ; 26/04/2018 – BUZZ-Japan’s SoftBank soars after sources say T-Mobile and Sprint make progress in talks; 30/04/2018 – LIVE now on CNBC: T-Mobile US CEO @JohnLegere and Sprint CEO @marceloclaure join the @SquawkStreet live from the NYSE; 02/05/2018 – SoftBank Names Sprint’s Claure COO After T-Mobile Acquisition; 25/05/2018 – T-Mobile hired lobbying firm linked to former Trump campaign manager Corey Lewandowski; 16/04/2018 – T-Mobile to pay $40m to FCC to settle rural call violations probe; 14/03/2018 – T-Mobile and NBC’s KXAS-TV Accelerate 600 MHz Repack; 27/04/2018 – Sprint, T-Mobile set to announce a $26 billion merger; 10/04/2018 – CNBC Now: BREAKING: Sprint & T-Mobile restart deal talks – Dow Jone; 09/04/2018 – T-MOBILE US – CUSTOMERS WILL BE ABLE TO PRE-ORDER STARTING WEDNESDAY AT WWW.T-MOBILE.COM, WITH DEVICES LAUNCHING AT T-MOBILE STORES ON APRIL 13; 26/04/2018 – EXCLUSIVE-T-Mobile, Sprint make progress, aim for deal next week

Among 9 analysts covering PennyMac Mortgage Investment Trust (NYSE:PMT), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. PennyMac Mortgage Investment Trust had 16 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of PennyMac Mortgage Investment Trust (NYSE:PMT) earned “Neutral” rating by Wedbush on Thursday, October 6. Wells Fargo downgraded PennyMac Mortgage Investment Trust (NYSE:PMT) on Thursday, February 4 to “Market Perform” rating. Compass Point maintained PennyMac Mortgage Investment Trust (NYSE:PMT) rating on Thursday, August 6. Compass Point has “Buy” rating and $19.50 target. Keefe Bruyette & Woods downgraded it to “Hold” rating and $18.0 target in Tuesday, October 10 report. The firm has “Market Outperform” rating given on Wednesday, March 9 by JMP Securities. The rating was downgraded by Compass Point on Monday, February 6 to “Neutral”. The firm earned “Neutral” rating on Friday, August 7 by Citigroup. Wood maintained PennyMac Mortgage Investment Trust (NYSE:PMT) on Monday, June 13 with “Outperform” rating. The stock of PennyMac Mortgage Investment Trust (NYSE:PMT) earned “Overweight” rating by Barclays Capital on Thursday, December 10. The firm earned “Equal-Weight” rating on Friday, February 5 by Barclays Capital. See PennyMac Mortgage Investment Trust (NYSE:PMT) latest ratings:

Investors sentiment increased to 1.51 in Q1 2018. Its up 0.81, from 0.7 in 2017Q4. It increased, as 14 investors sold PennyMac Mortgage Investment Trust shares while 41 reduced holdings. 44 funds opened positions while 39 raised stakes. 42.36 million shares or 13.59% more from 37.29 million shares in 2017Q4 were reported. Moreover, Mason Street Ltd Com has 0.01% invested in PennyMac Mortgage Investment Trust (NYSE:PMT) for 16,830 shares. Pnc Services Group Incorporated holds 1,934 shares. California Public Employees Retirement owns 307,932 shares. Gsa Cap Limited Liability Partnership has 10,672 shares. Barclays Pcl has 32,012 shares. Arizona State Retirement has 0.02% invested in PennyMac Mortgage Investment Trust (NYSE:PMT). Morgan Stanley reported 936,248 shares. Citadel Advsrs Lc stated it has 63,600 shares or 0% of all its holdings. Edge Wealth Mgmt Ltd Liability Corporation holds 516 shares or 0% of its portfolio. The Texas-based Utd Svcs Automobile Association has invested 0% in PennyMac Mortgage Investment Trust (NYSE:PMT). Teacher Retirement System Of Texas holds 0% of its portfolio in PennyMac Mortgage Investment Trust (NYSE:PMT) for 14,533 shares. Fmr Ltd Liability Com has invested 0% of its portfolio in PennyMac Mortgage Investment Trust (NYSE:PMT). Gru One Trading Ltd Partnership invested in 0% or 300 shares. Sei stated it has 158 shares. Amer Century Inc has invested 0% in PennyMac Mortgage Investment Trust (NYSE:PMT).

PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company has market cap of $1.15 billion. The firm operates in two divisions, Correspondent Production and Investment Activities. It has a 12.75 P/E ratio. The Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities .

More news for PennyMac Mortgage Investment Trust (NYSE:PMT) were recently published by: Nasdaq.com, which released: “New Research Coverage Highlights BlackRock Capital Investment, Tootsie Roll Industries, Catalyst Biosciences …” on May 23, 2018. Twst.com‘s article titled: “PennyMac Mortgage Investment Trust: PennyMac Mortgage Investment Trust Declares Second Quarter 2018 …” and published on May 21, 2018 is yet another important article.

The stock increased 0.32% or $0.06 during the last trading session, reaching $18.84. About 435,066 shares traded. PennyMac Mortgage Investment Trust (NYSE:PMT) has risen 4.90% since June 10, 2017 and is uptrending. It has underperformed by 7.67% the S&P500. Some Historical PMT News: ; 30/03/2018 – Analysis: Positioning to Benefit within Catalyst Biosciences, CorEnergy Infrastructure Trust, PennyMac Mortgage Investment Trus; 23/04/2018 – PENNYMAC MORTGAGE INVESTMENT TRUST-PRICING OF PRIVATE OFFERING OF SECURED TERM NOTES IN TOTAL PRINCIPAL AMOUNT OF $450 MLN TO BE ISSUED BY INDIRECT SUBSIDIARY; 03/05/2018 – PennyMac Mtg Invt Tr Book Value/Share $20.24 at March 31; 09/05/2018 – PennyMac Mortgage Short-Interest Ratio Rises 54% to 8 Days; 03/05/2018 – PENNYMAC MORTGAGE INVESTMENT TRUST – QTRLY NET INVESTMENT INCOME OF $75.7 MLN, DOWN 19 PERCENT FROM PRIOR QUARTER; 22/04/2018 – DJ PennyMac Mortgage Investment Trust, Inst Holders, 1Q 2018 (PMT); 28/03/2018 – PennyMac Mortgage Investment Trust Declares First Quarter 2018 Dividend; 08/03/2018 PennyMac Selects Nordis Technologies as Its Print/Mail Partner; 23/04/2018 – PennyMac Mortgage Investment Trust Announces Issuance of Term Notes Secured by Fannie Mae MSRs and ESS; 03/05/2018 – PENNYMAC MORTGAGE INVESTMENT TRUST – BOOK VALUE PER COMMON SHARE OF $20.24 AT MARCH 31, 2018, UP FROM $20.13 AT DECEMBER 31, 2017

Investors sentiment increased to 1.05 in Q1 2018. Its up 0.01, from 1.04 in 2017Q4. It increased, as 56 investors sold TMUS shares while 157 reduced holdings. 76 funds opened positions while 148 raised stakes. 268.07 million shares or 4.31% less from 280.13 million shares in 2017Q4 were reported. State Of Alaska Department Of Revenue owns 0.07% invested in T-Mobile US, Inc. (NASDAQ:TMUS) for 51,449 shares. Fil Limited holds 0.2% or 1.19 million shares in its portfolio. Braun Stacey Associate holds 238,892 shares or 1% of its portfolio. Hudson Bay Management Lp holds 243,426 shares or 0.31% of its portfolio. 14.77M were accumulated by Blackrock. United Advisers Ltd Liability owns 0.06% invested in T-Mobile US, Inc. (NASDAQ:TMUS) for 136,255 shares. Verition Fund Mngmt Ltd reported 10,662 shares or 0.05% of all its holdings. Archford Strategies Ltd Company, a Illinois-based fund reported 387 shares. Majedie Asset Management Ltd holds 1.09% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS) for 196,700 shares. Art Advisors Ltd Llc holds 0.42% or 171,700 shares in its portfolio. Cubist Systematic Strategies Ltd Liability Corporation holds 18,541 shares or 0.07% of its portfolio. Chesley Taft And Associates Ltd Co has invested 0.15% in T-Mobile US, Inc. (NASDAQ:TMUS). Moreover, Colony Grp Limited Liability has 0.06% invested in T-Mobile US, Inc. (NASDAQ:TMUS). Nokota Mgmt LP invested in 0.39% or 467,100 shares. Invesco accumulated 0.17% or 7.25 million shares.

Another recent and important T-Mobile US, Inc. (NASDAQ:TMUS) news was published by 247Wallst.com which published an article titled: “Short Sellers Overwhelm Sprint as Worries About T-Mobile Rise” on May 25, 2018.

Among 33 analysts covering T-Mobile US (NYSE:TMUS), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. T-Mobile US had 83 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Positive” rating given on Wednesday, August 19 by Pacific Crest. The firm has “Buy” rating by SunTrust given on Friday, November 17. The firm has “Buy” rating by Cowen & Co given on Thursday, January 18. The rating was maintained by William Blair with “Buy” on Friday, July 21. The rating was maintained by Goldman Sachs on Tuesday, October 31 with “Buy”. Cowen & Co maintained it with “Buy” rating and $70.0 target in Friday, August 25 report. Moffett Nathanson downgraded the shares of TMUS in report on Tuesday, January 10 to “Neutral” rating. The stock has “Buy” rating by HSBC on Tuesday, November 21. Macquarie Research upgraded T-Mobile US, Inc. (NASDAQ:TMUS) on Friday, December 15 to “Outperform” rating. Cowen & Co maintained the stock with “Buy” rating in Tuesday, October 17 report.

Capital One National Association increased Ishares Tr (IJH) stake by 7,468 shares to 147,155 valued at $27.60M in 2018Q1. It also upped Lamb Weston Hldgs Inc stake by 21,604 shares and now owns 43,312 shares. Royal Dutch Shell Plc was raised too.

Analysts await T-Mobile US, Inc. (NASDAQ:TMUS) to report earnings on July, 18. They expect $0.89 earnings per share, up 32.84% or $0.22 from last year’s $0.67 per share. TMUS’s profit will be $753.70 million for 16.24 P/E if the $0.89 EPS becomes a reality. After $0.78 actual earnings per share reported by T-Mobile US, Inc. for the previous quarter, Wall Street now forecasts 14.10% EPS growth.

Since February 14, 2018, it had 1 buying transaction, and 0 sales for $17.34 million activity. 300,000 shares valued at $17.34M were bought by Deutsche Telekom Holding B.V. on Wednesday, February 14.

PennyMac Mortgage Investment Trust (NYSE:PMT) Institutional Positions Chart

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