T-Mobile US (NASDAQ:TMUS) PT Raised to $252.00 at KeyCorp

T-Mobile US (NASDAQ:TMUS) had its price target raised by equities research analysts at KeyCorp from $230.00 to $252.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the Wireless communications provider’s stock. KeyCorp’s target price indicates a potential upside of 11.33% from the company’s current price.

A number of other brokerages have also commented on TMUS. Oppenheimer upped their price target on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. upped their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Morgan Stanley upped their price target on T-Mobile US from $191.00 to $209.00 and gave the stock an “overweight” rating in a report on Monday, September 16th. Finally, Tigress Financial upped their target price on T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research note on Monday, August 12th. Two analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $240.17.

T-Mobile US Stock Down 3.1 %

Shares of T-Mobile US stock opened at $226.36 on Thursday. The stock has a market capitalization of $264.11 billion, a P/E ratio of 28.37, a PEG ratio of 1.15 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. The stock has a 50 day moving average price of $205.53 and a two-hundred day moving average price of $184.78. T-Mobile US has a 12-month low of $138.42 and a 12-month high of $234.56.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.82 earnings per share. Equities analysts expect that T-Mobile US will post 9.22 earnings per share for the current year.

Insider Activity at T-Mobile US

In related news, insider Jon Freier sold 10,000 shares of T-Mobile US stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $181.87, for a total value of $1,818,700.00. Following the sale, the insider now owns 162,628 shares of the company’s stock, valued at approximately $29,577,154.36. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other T-Mobile US news, insider Jon Freier sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $181.87, for a total value of $1,818,700.00. Following the completion of the transaction, the insider now directly owns 162,628 shares in the company, valued at $29,577,154.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the transaction, the executive vice president now owns 61,871 shares of the company’s stock, valued at approximately $13,380,222.46. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 349,261 shares of company stock valued at $69,411,130. 0.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. DT Investment Partners LLC lifted its holdings in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. MFA Wealth Advisors LLC raised its holdings in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares in the last quarter. WASHINGTON TRUST Co raised its holdings in shares of T-Mobile US by 143.1% during the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 83 shares in the last quarter. Y.D. More Investments Ltd acquired a new position in shares of T-Mobile US during the 2nd quarter worth $27,000. Finally, Summit Securities Group LLC acquired a new position in shares of T-Mobile US during the 2nd quarter worth $27,000. 42.49% of the stock is currently owned by 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 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.