1 day Ago By ABMN Staff
T-Mobile US ( NASDAQ:TMUS – Get Free Report ) had its target price hoisted by KeyCorp from $190.00 to $230.00 in a research report issued on Monday, Benzinga reports.
The firm presently has an “overweight” rating on the Wireless communications provider’s stock. KeyCorp’s price objective points to a potential upside of 13.47% from the company’s previous close.
A number of other brokerages have also commented on TMUS. Citigroup boosted their price objective on shares of T-Mobile US from $184.00 to $210.
00 and gave the stock a “buy” rating in a report on Friday, July 19th. TD Cowen boosted their price objective on shares of T-Mobile US from $202.00 to $216.
00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Sanford C. Bernstein upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st.
Evercore ISI upgraded shares of T-Mobile US to a “hold” rating in a report on Thursday, August 1st. Finally, StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th.
One equities research analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $205.
69. View Our Latest Stock Report on TMUS T-Mobile US Stock Performance T-Mobile US ( NASDAQ:TMUS – Get Free Report ) last posted its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.
49 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.22.
The business had revenue of $19.77 billion for the quarter, compared to analyst estimates of $19.61 billion.
T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%.
The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.
86 EPS. As a group, equities research analysts expect that T-Mobile US will post 9.18 earnings per share for the current fiscal year.
Insider Activity at T-Mobile US In related news, Director Raul Marcelo Claure sold 1,572 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $196.00, for a total transaction of $308,112.
00. Following the completion of the sale, the director now owns 1,824,632 shares of the company’s stock, valued at approximately $357,627,872. The sale was disclosed in a legal filing with the SEC, which is available through this link .
In related news, Director Raul Marcelo Claure sold 1,572 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $196.00, for a total transaction of $308,112.
00. Following the completion of the sale, the director now owns 1,824,632 shares of the company’s stock, valued at approximately $357,627,872. The sale was disclosed in a legal filing with the SEC, which is available through this link .
Also, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of $178.04, for a total transaction of $23,761,396.
44. Following the sale, the director now directly owns 670,812,128 shares of the company’s stock, valued at approximately $119,431,391,269.12.
The disclosure for this sale can be found here . Insiders sold a total of 840,336 shares of company stock valued at $154,461,060 in the last quarter. Insiders own 0.
67% of the company’s stock. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently bought and sold shares of TMUS. Aveo Capital Partners LLC boosted its stake in T-Mobile US by 6.
5% during the 4th quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock valued at $361,000 after purchasing an additional 137 shares during the period. Jump Financial LLC acquired a new position in T-Mobile US during the 4th quarter valued at about $846,000.
Kingsview Wealth Management LLC boosted its stake in T-Mobile US by 14.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 4,220 shares of the Wireless communications provider’s stock valued at $677,000 after purchasing an additional 528 shares during the period.
Great Lakes Advisors LLC boosted its stake in T-Mobile US by 140.6% during the 4th quarter. Great Lakes Advisors LLC now owns 21,640 shares of the Wireless communications provider’s stock valued at $3,470,000 after purchasing an additional 12,645 shares during the period.
Finally, Level Four Advisory Services LLC boosted its stake in T-Mobile US by 8.4% during the 4th quarter. Level Four Advisory Services LLC now owns 4,555 shares of the Wireless communications provider’s stock valued at $730,000 after purchasing an additional 354 shares during the period.
42.49% of the stock is owned by institutional investors and hedge funds. About T-Mobile US ( Get Free Report ) 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; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services. Read More 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.
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