T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
T-Mobile US Trading Down 0.2%
NASDAQ:TMUS opened at $190.81 on Thursday. The business’s 50-day moving average is $197.20 and its two-hundred day moving average is $201.96. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. T-Mobile US, Inc. has a 12 month low of $181.36 and a 12 month high of $261.56. The firm has a market capitalization of $206.49 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 1.11 and a beta of 0.33.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating the consensus estimate of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period last year, the company posted $2.58 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. Research analysts predict that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.
T-Mobile US Dividend Announcement
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on TMUS shares. Scotiabank dropped their target price on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of T-Mobile US in a research report on Friday, April 10th. DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, May 6th. Finally, Barclays reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.
Read Our Latest Research Report on TMUS
Institutional Trading of T-Mobile US
A number of hedge funds and other institutional investors have recently modified their holdings of the business. United Community Bank increased its holdings in T-Mobile US by 131.1% in the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. JDM Financial Group LLC increased its holdings in T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares during the last quarter. Main Street Group LTD bought a new stake in T-Mobile US in the first quarter valued at about $25,000. Swiss RE Ltd. bought a new stake in T-Mobile US in the fourth quarter valued at about $29,000. Finally, Turning Point Benefit Group Inc. increased its holdings in T-Mobile US by 3,825.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.
T-Mobile US Company 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.
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