Vanguard Personalized Indexing Management LLC Acquires 2,740 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vanguard Personalized Indexing Management LLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,549 shares of the Wireless communications provider’s stock after buying an additional 2,740 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in T-Mobile US were worth $8,366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TMUS. WASHINGTON TRUST Co increased its holdings in T-Mobile US by 143.1% in the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 83 shares during the period. Summit Securities Group LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth about $27,000. Y.D. More Investments Ltd bought a new stake in shares of T-Mobile US in the 2nd quarter worth about $27,000. Westside Investment Management Inc. grew its holdings in shares of T-Mobile US by 75.8% in the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 75 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of T-Mobile US in the 2nd quarter worth about $30,000. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on TMUS shares. Tigress Financial upped their price target on shares of T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, July 30th. Barclays upped their price target on shares of T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Scotiabank upped their price target on shares of T-Mobile US from $194.50 to $197.00 and gave the stock a “sector outperform” rating in a research report on Thursday, August 1st. Finally, Sanford C. Bernstein upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $205.69.

T-Mobile US Stock Down 1.5 %

Shares of NASDAQ:TMUS opened at $202.70 on Wednesday. T-Mobile US, Inc. has a 52 week low of $135.82 and a 52 week high of $206.30. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. The company has a market capitalization of $237.53 billion, a PE ratio of 27.58, a PEG ratio of 0.74 and a beta of 0.51. The company has a 50 day moving average price of $191.16 and a two-hundred day moving average price of $175.90.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating the consensus estimate of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The firm had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.61 billion. During the same quarter in the prior year, the firm earned $1.86 earnings per share. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Analysts forecast that T-Mobile US, Inc. will post 9.18 earnings per share for the current year.

Insider Transactions at T-Mobile US

In other news, Director Raul Marcelo Claure sold 1,572 shares of the stock in a transaction on 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 $357,627,872. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other T-Mobile US news, EVP Deeanne King sold 15,437 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $190.00, for a total value of $2,933,030.00. Following the completion of the sale, the executive vice president now owns 35,588 shares in the company, valued at $6,761,720. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Raul Marcelo Claure sold 1,572 shares of the stock in a transaction on 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 disclosure for this sale can be found here. Insiders sold 840,336 shares of company stock valued at $154,461,060 over the last quarter. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US 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.