180 Wealth Advisors LLC owns $505,000 worth of stock in T-Mobile US, Inc. (NASDAQ:TMUS)
Other large investors have also recently bought and sold shares of the company. Ronald Blue Trust Inc. Increasing its stake in T-Mobile US by 2.6% in the first quarter. Ronald Blue Trust Inc. owns Now 11,196 shares of the wireless communications provider’s stock are worth $1,567,000 after purchasing an additional 279 shares during the period. Perpetual Ltd purchased a new position in T-Mobile US shares during the first quarter worth approximately $260,000. Vontobel Holding Ltd. Increasing its stake in T-Mobile US stock by 84.5% during the first quarter. Owned by Vontobel Holding Ltd. Now 110,931 shares of the wireless communications provider’s stock are worth $16,067,000 after purchasing an additional 50,797 shares during the period. Oppenheimer & Co. Inc. Increasing its stake in T-Mobile US stock by 7.6% during the first quarter. Oppenheimer & Co. owns Inc. 43,857 shares of the wireless communications provider’s stock are now worth $6,352,000 after purchasing an additional 3,116 shares during the period. Finally, Toth Financial Advisory Corp. increased its stake in shares of T-Mobile US by 4.9% during the first quarter. Toth Financial Advisory Corp. now owns 7,941 shares of the wireless communications provider’s stock valued at $1,150,000 after purchasing an additional 370 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.
Analysts set new price targets
A number of stock analysts have recently commented on the company. Royal Bank of Canada cut their price target on T-Mobile US from $172.00 to $163.00 and set an “outperform” rating on the stock in a research note on Friday, August 4th. Morgan Stanley raised their price target on T-Mobile US from $178.00 to $179.00 and gave the stock an “overweight” rating in a research note on Thursday, August 3rd. Raymond James cut their price target on T-Mobile US from $184.00 to $172.00 and set a “strong buy” rating on the stock in a research note on Friday, September 8th. Barclays upgraded T-Mobile US from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, August 8th. Finally, Wolfe Research upgraded T-Mobile US from a “peer perform” rating to an “outperform” rating and set a $160.00 target price on the stock in a research note on Thursday, June 8th. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.95.
View our latest stock analysis on TMUS
T-Mobile US trading fell 0.8%
The Nasdaq TMUS opened at $140.81 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 0.82, and a debt-to-equity ratio of 1.14. At T-Mobile US, Inc. The twelve month low is $124.92 and the twelve month high is $154.38. The company has a market capitalization of $165.66 billion, a price-to-earnings ratio of 28.05 and a beta of 0.55. The company’s fifty day moving average is $138.07 and its 200 day moving average is $139.86.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings data on Thursday, July 27th. The wireless communications provider reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.15. T-Mobile US had a return on equity of 9.02% and a net margin of 7.82%. The company had revenue of $19.20 billion for the quarter, compared to the consensus estimate of $19.36 billion. During the same quarter last year, the company posted $1.43 EPS. T-Mobile US revenue for the quarter fell 2.6% year over year. As a group, sell-side analysts expect T-Mobile US, Inc. Posting 7.31 earnings per share for the current fiscal year.
Insider activity at T-Mobile US
In related news, CEO J. Michael Seifert sold 20,000 shares of the company’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $138.34, for a total transaction of $2,766,800.00. Following the sale, the CEO now owns 646,339 shares of the company’s stock, valued at approximately $89,414,537.26. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. In related news, Michael J. Katz, an insider, sold 3,500 shares of the company’s stock in a deal on Monday, September 11th. The stock was sold at an average price of $140.01, for a total transaction of $490,035.00. Following the completion of the transaction, the insider now directly owns 122,477 shares of the company’s stock, valued at approximately $17,148,004.77. The sale was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through the SEC’s website. Also, CEO J. Michael Seifert sold 20,000 shares of the company’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $138.34, for a total value of $2,766,800.00. Following the transaction, the CEO now directly owns 646,339 shares of the company’s stock, valued at $89,414,537.26. The disclosure for this sale can be found here. Insiders sold a total of 42,453 shares of company stock worth $5,915,631 in the last 90 days. 0.70% of shares are owned by corporate insiders.
About the American company T-Mobile
(Free report)
T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company provides voice, messaging and data services to customers in postpaid, prepaid, wholesale and other services. It also offers wireless devices, including smartphones, wearable devices, tablets, home broadband routers and other mobile communications devices, as well as wireless devices and accessories; Financing through equipment installment plans; Rent through JUMP! on demand; And high-speed internet services.
In-depth reading
Want to know what other hedge funds are holding TMUS? Visit HoldingsChannel.com for the latest 13F filings and insider deals for T-Mobile US, Inc. (NASDAQ:TMUS – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team before publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider T-Mobile US, you’ll want to hear this.
MarketBeat tracks the highest-rated and best-performing research analysts on Wall Street and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches up… and T-Mobile US was not on the list.
While T-Mobile US currently has a “buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View the five stocks here
MarketBeat analysts just released their top five short plays for September 2023. Find out which stocks have the highest short interest and how to trade them. Click on the link below to see which companies made the list.
Get this free report
(tags for translation) T-Mobile US
