Kera Capital Partners Inc. Makes New $394,000 Investment in T-Mobile US, Inc. $TMUS

Key Points

• Kera Capital Partners Inc. has made a new investment of $394,000 in T-Mobile US by acquiring 1,654 shares in the 2nd quarter, according to SEC filings.
• Insider transactions were noted, with Director Telekom Ag Deutsche selling 69,840 shares for approximately $16.6 million, reducing their ownership by 0.01%.
• T-Mobile US reported earnings of $2.84 per share for the last quarter, beating estimates, and saw a 6.9% year-over-year revenue increase, totaling $21.13 billion.

Kera Capital Partners Inc. bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,654 shares of the Wireless communications provider's stock, valued at approximately $394,000.

Other institutional investors have also added to or reduced their stakes in the company. AG2R LA Mondiale Gestion D Actifs bought a new stake in T-Mobile US in the 1st quarter worth about $5,178,000. Swedbank AB grew its position in T-Mobile US by 1.0% in the 1st quarter. Swedbank AB now owns 273,890 shares of the Wireless communications provider's stock worth $73,049,000 after purchasing an additional 2,741 shares in the last quarter. 1248 Management LLC grew its position in T-Mobile US by 1.2% in the 1st quarter. 1248 Management LLC now owns 5,295 shares of the Wireless communications provider's stock worth $1,412,000 after purchasing an additional 65 shares in the last quarter. Modern Wealth Management LLC grew its position in T-Mobile US by 39.8% in the 1st quarter. Modern Wealth Management LLC now owns 3,945 shares of the Wireless communications provider's stock worth $1,053,000 after purchasing an additional 1,124 shares in the last quarter. Finally, Strs Ohio bought a new stake in T-Mobile US in the 1st quarter worth about $60,075,000. 42.49% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director owned 647,660,844 shares in the company, valued at $154,195,093,739.52. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 2,627,930 shares of company stock worth $628,713,068 in the last three months. 0.37% of the stock is owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $241.72 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $272.04 billion, a PE ratio of 22.80, a P/E/G ratio of 1.32 and a beta of 0.61. T-Mobile US, Inc. has a twelve month low of $195.47 and a twelve month high of $276.49. The company has a 50-day moving average price of $243.25 and a two-hundred day moving average price of $246.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business earned $2.49 earnings per share. Equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TMUS shares. KeyCorp reaffirmed an "underweight" rating and issued a $200.00 price objective on shares of T-Mobile US in a research report on Wednesday, July 9th. JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $270.00 to $280.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective for the company in a report on Monday, July 7th. Bank of America started coverage on shares of T-Mobile US in a report on Monday, July 7th. They set a "neutral" rating and a $255.00 price objective for the company. Finally, Redburn Atlantic upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price objective for the company in a report on Monday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $258.02.

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.

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