Kepler Cheuvreux Suisse SA Makes New $13.55 Million Investment in T-Mobile US, Inc. $TMUS

Key Points

• Kepler Cheuvreux Suisse SA acquired 56,614 shares of T‑Mobile (NASDAQ:TMUS) in the third quarter, a new stake valued at approximately $13.55 million.
• Company insiders sold a total of 694,134 shares worth $150.85 million in the last three months, including Raul Marcelo Claure's sale of 550,000 shares for about $119.66 million.
• Analysts hold a "Moderate Buy" consensus on TMUS with an average price target of roughly $257.09, and several firms recently raised their targets (e.g., Goldman Sachs to $254, Wells Fargo to $235).

Kepler Cheuvreux Suisse SA acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 56,614 shares of the Wireless communications provider's stock, valued at approximately $13,551,000.

Other institutional investors have also made changes to their positions in the company. L2 Asset Management LLC boosted its holdings in T-Mobile US by 2.2% during the second quarter. L2 Asset Management LLC now owns 2,082 shares of the Wireless communications provider's stock worth $496,000 after purchasing an additional 45 shares during the last quarter. City Holding Co. increased its stake in T-Mobile US by 48.4% in the 3rd quarter. City Holding Co. now owns 141 shares of the Wireless communications provider's stock valued at $34,000 after buying an additional 46 shares during the last quarter. PAX Financial Group LLC increased its stake in T-Mobile US by 4.1% in the 2nd quarter. PAX Financial Group LLC now owns 1,190 shares of the Wireless communications provider's stock valued at $284,000 after buying an additional 47 shares during the last quarter. New Republic Capital LLC lifted its position in T-Mobile US by 4.7% during the 3rd quarter. New Republic Capital LLC now owns 1,073 shares of the Wireless communications provider's stock worth $257,000 after buying an additional 48 shares in the last quarter. Finally, King Luther Capital Management Corp lifted its position in T-Mobile US by 2.0% during the 2nd quarter. King Luther Capital Management Corp now owns 2,528 shares of the Wireless communications provider's stock worth $602,000 after buying an additional 49 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total value of $727,640.10. Following the sale, the director owned 1,038 shares in the company, valued at $229,501.80. This represents a 76.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Raul Marcelo Claure sold 550,000 shares of the firm's stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total value of $119,663,500.00. Following the completion of the sale, the director directly owned 891,204 shares of the company's stock, valued at approximately $193,899,254.28. The trade was a 38.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 694,134 shares of company stock worth $150,847,799 in the last three months. Insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $218.78 on Wednesday. The company has a market cap of $241.06 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 1.41 and a beta of 0.43. The firm has a 50-day moving average of $203.37 and a 200-day moving average of $215.01. T-Mobile US, Inc. has a one year low of $181.36 and a one year high of $272.60. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group raised their price objective on T-Mobile US from $233.00 to $254.00 and gave the company a "buy" rating in a report on Thursday, February 12th. Wells Fargo & Company upped their target price on T-Mobile US from $225.00 to $235.00 and gave the stock an "overweight" rating in a report on Friday, February 13th. Oppenheimer cut T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, November 21st. Barclays raised their price target on T-Mobile US from $240.00 to $245.00 and gave the company an "overweight" rating in a research note on Thursday, February 12th. Finally, Citigroup lowered their price target on T-Mobile US from $268.00 to $220.00 and set a "neutral" rating on the stock in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $257.09.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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