T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) insider Ulf Ewaldsson sold 20,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $144.02, for a total value of $2,880,400.00. Following the sale, the insider now directly owns 36,727 shares of the company’s stock, valued at $5,289,422.54. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
T-Mobile US Price Performance
Shares of TMUS opened at $147.49 on Friday. The stock has a market capitalization of $170.57 billion, a P/E ratio of 22.90 and a beta of 0.53. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $153.36. The company has a 50 day moving average of $140.08 and a 200-day moving average of $138.85. The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 1.19.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings results on Wednesday, October 25th. The Wireless communications provider reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.07. The company had revenue of $19.25 billion during the quarter, compared to analysts’ expectations of $19.35 billion. T-Mobile US had a net margin of 9.93% and a return on equity of 11.65%. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 7.12 EPS for the current fiscal year.
T-Mobile US Announces Dividend
Hedge Funds Weigh In On T-Mobile US
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Wealthcare Advisory Partners LLC grew its stake in shares of T-Mobile US by 2.6% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,868 shares of the Wireless communications provider’s stock valued at $415,000 after buying an additional 72 shares in the last quarter. Ronald Blue Trust Inc. grew its stake in shares of T-Mobile US by 0.7% in the third quarter. Ronald Blue Trust Inc. now owns 10,068 shares of the Wireless communications provider’s stock valued at $1,398,000 after buying an additional 73 shares in the last quarter. Rosenberg Matthew Hamilton grew its stake in shares of T-Mobile US by 4.4% in the third quarter. Rosenberg Matthew Hamilton now owns 1,748 shares of the Wireless communications provider’s stock valued at $245,000 after buying an additional 74 shares in the last quarter. TrinityPoint Wealth LLC grew its stake in shares of T-Mobile US by 0.7% in the second quarter. TrinityPoint Wealth LLC now owns 11,013 shares of the Wireless communications provider’s stock valued at $1,530,000 after buying an additional 77 shares in the last quarter. Finally, RFG Advisory LLC grew its stake in shares of T-Mobile US by 1.2% in the third quarter. RFG Advisory LLC now owns 6,360 shares of the Wireless communications provider’s stock valued at $891,000 after buying an additional 77 shares in the last quarter. 42.49% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several analysts have weighed in on TMUS shares. Barclays raised T-Mobile US from an “equal weight” rating to an “overweight” rating in a report on Tuesday, August 8th. Royal Bank of Canada boosted their target price on T-Mobile US from $163.00 to $168.00 and gave the stock an “outperform” rating in a research report on Friday. Morgan Stanley boosted their target price on T-Mobile US from $179.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, October 27th. TD Cowen boosted their target price on T-Mobile US from $197.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on T-Mobile US from $185.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, September 22nd. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $182.16.
About T-Mobile US
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; leasing through JUMP! On Demand; and High Speed Internet services.
- Five stocks we like better than T-Mobile US
- 3 REITs to Buy and Hold for the Long Term
- MarketBeat Week in Review – 10/30 – 11/3
- How to Invest in Cybersecurity
- Shocking uranium play that hedge funds kept hidden
- Which Wall Street Analysts are the Most Accurate?
- Dependable dividends: Why utility stocks are on fire
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.