T-Mobile US Inc (NASDAQ:TMUS) major shareholder Telekom Holding B.V. Deutsche purchased 150,000 shares of the firm’s stock in a transaction on Monday, March 5th. The stock was bought at an average price of $62.80 per share, for a total transaction of $9,420,000.00. Following the completion of the transaction, the insider now directly owns 538,381,077 shares in the company, valued at $33,810,331,635.60. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Telekom Holding B.V. Deutsche also recently made the following trade(s):
- On Friday, March 2nd, Telekom Holding B.V. Deutsche purchased 240,000 shares of T-Mobile US stock. The stock was bought at an average price of $62.12 per share, with a total value of $14,908,800.00.
- On Wednesday, February 28th, Telekom Holding B.V. Deutsche bought 240,000 shares of T-Mobile US stock. The shares were acquired at an average price of $60.84 per share, with a total value of $14,601,600.00.
- On Monday, February 26th, Telekom Holding B.V. Deutsche acquired 190,000 shares of T-Mobile US stock. The stock was bought at an average cost of $60.64 per share, for a total transaction of $11,521,600.00.
- On Thursday, February 22nd, Telekom Holding B.V. Deutsche acquired 225,000 shares of T-Mobile US stock. The shares were purchased at an average price of $59.26 per share, for a total transaction of $13,333,500.00.
- On Tuesday, February 20th, Telekom Holding B.V. Deutsche purchased 130,000 shares of T-Mobile US stock. The stock was bought at an average price of $60.19 per share, for a total transaction of $7,824,700.00.
- On Friday, February 16th, Telekom Holding B.V. Deutsche acquired 365,000 shares of T-Mobile US stock. The stock was acquired at an average price of $60.35 per share, with a total value of $22,027,750.00.
- On Wednesday, February 14th, Telekom Holding B.V. Deutsche acquired 300,000 shares of T-Mobile US stock. The stock was bought at an average price of $57.79 per share, with a total value of $17,337,000.00.
T-Mobile US Inc (TMUS) traded down $0.20 during midday trading on Wednesday, hitting $64.78. The stock had a trading volume of 3,282,864 shares, compared to its average volume of 3,946,693. The company has a market capitalization of $55,153.37, a P/E ratio of 12.43, a P/E/G ratio of 0.84 and a beta of 0.46. T-Mobile US Inc has a 1 year low of $54.60 and a 1 year high of $68.88. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.77 and a quick ratio of 0.64.
T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.11. T-Mobile US had a return on equity of 9.60% and a net margin of 11.19%. The company had revenue of $10.76 billion for the quarter, compared to the consensus estimate of $10.84 billion. During the same quarter last year, the company earned $0.45 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. analysts forecast that T-Mobile US Inc will post 3.4 EPS for the current fiscal year.
T-Mobile US declared that its Board of Directors has approved a share buyback program on Wednesday, December 6th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the Wireless communications provider to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.
Several institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. boosted its holdings in shares of T-Mobile US by 14.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,666,001 shares of the Wireless communications provider’s stock worth $486,868,000 after purchasing an additional 962,182 shares during the period. Carmignac Gestion boosted its holdings in T-Mobile US by 32.1% during the 3rd quarter. Carmignac Gestion now owns 5,844,199 shares of the Wireless communications provider’s stock valued at $360,353,000 after acquiring an additional 1,419,024 shares during the period. Tybourne Capital Management HK Ltd. purchased a new position in T-Mobile US during the 4th quarter valued at $272,331,000. Bank of New York Mellon Corp boosted its holdings in T-Mobile US by 13.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,251,576 shares of the Wireless communications provider’s stock valued at $262,150,000 after acquiring an additional 498,332 shares during the period. Finally, Maverick Capital Ltd. boosted its holdings in T-Mobile US by 103.0% during the 4th quarter. Maverick Capital Ltd. now owns 3,349,036 shares of the Wireless communications provider’s stock valued at $212,697,000 after acquiring an additional 1,699,036 shares during the period. Hedge funds and other institutional investors own 35.68% of the company’s stock.
A number of equities analysts have issued reports on TMUS shares. Macquarie raised shares of T-Mobile US from a “neutral” rating to an “outperform” rating in a report on Thursday, December 14th. HSBC upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, November 21st. Bank of America boosted their price objective on T-Mobile US from $40.00 to $45.00 and gave the company an “underperform” rating in a research note on Friday, February 9th. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating in a research report on Monday, November 27th. Finally, Deutsche Bank boosted their price objective on T-Mobile US to $72.00 and gave the stock a “buy” rating in a report on Monday, December 11th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, nineteen have assigned a buy rating and four have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $70.65.
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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 U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 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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