T-Mobile US, Inc. $TMUS Shares Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 17.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,033 shares of the Wireless communications provider’s stock after buying an additional 5,141 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in T-Mobile US were worth $8,147,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its position in T-Mobile US by 1.5% in the third quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock worth $10,244,764,000 after acquiring an additional 636,192 shares in the last quarter. State Street Corp boosted its position in shares of T-Mobile US by 4.5% during the 2nd quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock valued at $5,513,650,000 after purchasing an additional 994,740 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of T-Mobile US by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 6,298,934 shares of the Wireless communications provider’s stock worth $1,500,784,000 after purchasing an additional 309,922 shares during the last quarter. Norges Bank acquired a new position in shares of T-Mobile US in the 2nd quarter worth approximately $1,477,780,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of T-Mobile US by 1.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,331,856 shares of the Wireless communications provider’s stock worth $793,848,000 after purchasing an additional 36,424 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 0.5%

Shares of NASDAQ TMUS opened at $221.57 on Monday. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a one year low of $181.36 and a one year high of $272.60. The business has a 50-day moving average price of $202.78 and a two-hundred day moving average price of $215.53. The firm has a market capitalization of $244.14 billion, a PE ratio of 22.82, a PEG ratio of 1.43 and a beta of 0.42.

Insider Activity

In other news, Director Raul Marcelo Claure sold 550,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the transaction, the director directly owned 891,204 shares in the company, valued at $193,899,254.28. The trade was a 38.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Peter Osvaldik sold 27,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the completion of the transaction, the chief financial officer directly owned 51,573 shares in the company, valued at $11,080,974.78. This trade represents a 34.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 694,134 shares of company stock valued at $150,847,799 in the last three months. 0.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Tigress Financial increased their target price on shares of T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Argus dropped their price target on T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. The Goldman Sachs Group increased their price objective on T-Mobile US from $233.00 to $254.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a research note on Friday, February 13th. Finally, Citigroup decreased their target price on T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $257.09.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.