Traders Sell Shares of T-Mobile Us (TMUS) on Strength (TMUS)

Investors sold shares of T-Mobile Us Inc (NASDAQ:TMUS) on strength during trading hours on Friday. $22.69 million flowed into the stock on the tick-up and $67.69 million flowed out of the stock on the tick-down, for a money net flow of $45.00 million out of the stock. Of all equities tracked, T-Mobile Us had the 0th highest net out-flow for the day. T-Mobile Us traded up $1.13 for the day and closed at $74.74

Several research firms have recently weighed in on TMUS. Zacks Investment Research raised shares of T-Mobile Us from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research report on Thursday, April 11th. Nomura lifted their target price on shares of T-Mobile Us from $72.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, April 26th. KeyCorp lifted their target price on shares of T-Mobile Us from $76.00 to $88.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. UBS Group reissued a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, January 8th. Finally, Argus reissued a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, February 19th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $80.15.

The stock has a market cap of $63.85 billion, a P/E ratio of 19.82, a P/E/G ratio of 1.20 and a beta of 0.44. The company has a current ratio of 0.66, a quick ratio of 0.56 and a debt-to-equity ratio of 1.04.

T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $1.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.14. T-Mobile Us had a net margin of 7.11% and a return on equity of 13.05%. The firm had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11 billion. During the same period in the previous year, the firm posted $0.78 earnings per share. The firm’s revenue was up 6.0% on a year-over-year basis. As a group, sell-side analysts predict that T-Mobile Us Inc will post 4.12 EPS for the current fiscal year.

In related news, COO G Michael Sievert sold 4,766 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $73.58, for a total transaction of $350,682.28. Following the transaction, the chief operating officer now directly owns 543,391 shares of the company’s stock, valued at $39,982,709.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas Christopher Keys sold 43,000 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $70.71, for a total transaction of $3,040,530.00. Following the transaction, the insider now directly owns 248,883 shares in the company, valued at $17,598,516.93. The disclosure for this sale can be found here. Insiders own 0.37% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in TMUS. CWM LLC grew its position in T-Mobile Us by 440.3% in the fourth quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 317 shares in the last quarter. PRW Wealth Management LLC bought a new stake in T-Mobile Us in the fourth quarter worth approximately $34,000. Financial Advocates Investment Management grew its position in T-Mobile Us by 42.0% in the fourth quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 160 shares in the last quarter. Semmax Financial Advisors Inc. acquired a new stake in shares of T-Mobile Us in the fourth quarter worth $37,000. Finally, Rehmann Capital Advisory Group lifted its stake in shares of T-Mobile Us by 54.8% in the fourth quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock worth $41,000 after buying an additional 227 shares during the last quarter. 34.03% of the stock is currently owned by hedge funds and other institutional investors.

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T-Mobile Us Company Profile (NASDAQ:TMUS)

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 79.7 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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