David R. Carey Sells 2,000 Shares of T-Mobile Us Inc (TMUS) Stock

T-Mobile Us Inc (NASDAQ:TMUS) EVP David R. Carey sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $70.01, for a total value of $140,020.00. Following the completion of the transaction, the executive vice president now directly owns 202,851 shares in the company, valued at approximately $14,201,598.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

TMUS opened at $69.75 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.74 and a debt-to-equity ratio of 1.20. The firm has a market cap of $58.34 billion, a price-to-earnings ratio of 30.46, a PEG ratio of 2.28 and a beta of 0.39. T-Mobile Us Inc has a one year low of $55.09 and a one year high of $70.94.

T-Mobile Us (NASDAQ:TMUS) last posted its earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 EPS for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.08. The company had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.73 billion. T-Mobile Us had a return on equity of 11.44% and a net margin of 11.63%. T-Mobile Us’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.63 earnings per share. On average, equities analysts anticipate that T-Mobile Us Inc will post 3.31 earnings per share for the current year.

TMUS has been the topic of a number of recent research reports. BidaskClub lowered T-Mobile Us from a “buy” rating to a “hold” rating in a report on Thursday, July 12th. Nomura reissued a “neutral” rating and issued a $68.00 target price on shares of T-Mobile Us in a report on Thursday, August 2nd. Societe Generale reissued a “buy” rating and issued a $71.00 target price on shares of T-Mobile Us in a report on Thursday, August 2nd. ValuEngine raised T-Mobile Us from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. Finally, Barclays lowered T-Mobile Us to a “buy” rating in a report on Tuesday, September 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $73.13.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. boosted its position in T-Mobile Us by 2.2% during the second quarter. BlackRock Inc. now owns 15,091,550 shares of the Wireless communications provider’s stock worth $901,718,000 after purchasing an additional 323,027 shares in the last quarter. Alliancebernstein L.P. boosted its position in T-Mobile Us by 1.9% during the third quarter. Alliancebernstein L.P. now owns 6,322,318 shares of the Wireless communications provider’s stock worth $443,700,000 after purchasing an additional 115,065 shares in the last quarter. Morgan Stanley boosted its position in T-Mobile Us by 44.5% during the second quarter. Morgan Stanley now owns 5,782,115 shares of the Wireless communications provider’s stock worth $345,483,000 after purchasing an additional 1,781,530 shares in the last quarter. Paulson & CO. Inc. boosted its position in T-Mobile Us by 2.7% during the second quarter. Paulson & CO. Inc. now owns 3,902,560 shares of the Wireless communications provider’s stock worth $233,178,000 after purchasing an additional 102,560 shares in the last quarter. Finally, Northern Trust Corp boosted its position in T-Mobile Us by 2.5% during the second quarter. Northern Trust Corp now owns 2,585,959 shares of the Wireless communications provider’s stock worth $154,512,000 after purchasing an additional 62,311 shares in the last quarter. Institutional investors own 32.64% of the company’s stock.

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About T-Mobile Us

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 72.6 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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