T-Mobile Us Inc (NASDAQ:TMUS) insider Thomas Christopher Keys sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $70.23, for a total transaction of $3,511,500.00. Following the transaction, the insider now owns 291,883 shares of the company’s stock, valued at approximately $20,498,943.09. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
TMUS traded down $0.23 during mid-day trading on Friday, reaching $68.45. 3,470,453 shares of the stock were exchanged, compared to its average volume of 3,042,903. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.85 and a quick ratio of 0.74. The company has a market capitalization of $58.07 billion, a price-to-earnings ratio of 29.89, a P/E/G ratio of 2.26 and a beta of 0.39. T-Mobile Us Inc has a 1 year low of $55.09 and a 1 year high of $70.94.
T-Mobile Us (NASDAQ:TMUS) last posted its quarterly earnings data on Tuesday, October 30th. The Wireless communications provider reported $0.93 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.08. The firm had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.73 billion. T-Mobile Us had a net margin of 11.63% and a return on equity of 11.44%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.63 EPS. As a group, equities analysts anticipate that T-Mobile Us Inc will post 3.33 EPS for the current year.
TMUS has been the subject of several analyst reports. KeyCorp set a $76.00 price target on shares of T-Mobile Us and gave the stock a “buy” rating in a report on Thursday, September 13th. Barclays downgraded shares of T-Mobile Us to a “buy” rating in a research report on Tuesday, September 4th. BidaskClub raised shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Friday, September 28th. Guggenheim raised their price objective on shares of T-Mobile Us from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, September 27th. Finally, Zacks Investment Research raised shares of T-Mobile Us from a “hold” rating to a “buy” rating and set a $77.00 price objective for the company in a research report on Monday, October 8th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $73.92.
A number of institutional investors and hedge funds have recently bought and sold shares of TMUS. Ontario Teachers Pension Plan Board purchased a new position in T-Mobile Us during the 2nd quarter worth $132,346,000. Morgan Stanley raised its stake in shares of T-Mobile Us by 44.5% during the 2nd quarter. Morgan Stanley now owns 5,782,115 shares of the Wireless communications provider’s stock worth $345,483,000 after purchasing an additional 1,781,530 shares during the period. Diamond Hill Capital Management Inc. raised its stake in shares of T-Mobile Us by 16,308.9% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,290,233 shares of the Wireless communications provider’s stock worth $77,091,000 after purchasing an additional 1,282,370 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of T-Mobile Us by 7,776.4% during the 2nd quarter. CIBC Private Wealth Group LLC now owns 1,272,198 shares of the Wireless communications provider’s stock worth $76,014,000 after purchasing an additional 1,256,046 shares during the period. Finally, Marshall Wace LLP bought a new stake in shares of T-Mobile Us during the 2nd quarter worth $62,594,000. 32.64% of the stock is currently owned by hedge funds and other institutional investors.
T-Mobile Us Company Profile
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 72.6 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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