T-Mobile US (NASDAQ:TMUS) Upgraded at Rothschild & Co Redburn

T-Mobile US (NASDAQ:TMUS - Get Free Report) was upgraded by investment analysts at Rothschild & Co Redburn from a "sell" rating to a "neutral" rating in a research report issued to clients and investors on Monday, Marketbeat.com reports. The firm presently has a $228.00 price objective on the Wireless communications provider's stock. Rothschild & Co Redburn's price target would suggest a potential downside of 3.05% from the company's current price.

A number of other research analysts also recently weighed in on the company. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their target price for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Royal Bank Of Canada increased their target price on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. JPMorgan Chase & Co. increased their target price on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Wall Street Zen downgraded T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, Citigroup downgraded T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective on the stock. in a research note on Friday, March 14th. Fourteen research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $254.98.

T-Mobile US Stock Performance

Shares of T-Mobile US stock traded down $2.45 during trading on Monday, hitting $235.18. 896,113 shares of the company's stock traded hands, compared to its average volume of 4,082,379. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. T-Mobile US has a 1 year low of $173.74 and a 1 year high of $276.49. The stock has a market capitalization of $267.03 billion, a P/E ratio of 22.95, a PEG ratio of 1.32 and a beta of 0.62. The business has a 50-day simple moving average of $238.65 and a 200-day simple moving average of $243.59.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.67 billion. During the same period last year, the firm posted $2.00 earnings per share. T-Mobile US's revenue was up 6.6% compared to the same quarter last year. As a group, analysts forecast that T-Mobile US will post 10.37 EPS for the current year.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $237.89, for a total transaction of $16,614,237.60. Following the completion of the transaction, the director owned 647,800,524 shares in the company, valued at $154,105,266,654.36. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last three months, insiders sold 628,560 shares of company stock worth $144,455,659. Company insiders own 0.37% of the company's stock.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently modified their holdings of TMUS. Proficio Capital Partners LLC boosted its holdings in shares of T-Mobile US by 42.5% in the 4th quarter. Proficio Capital Partners LLC now owns 2,877 shares of the Wireless communications provider's stock worth $635,000 after purchasing an additional 858 shares during the period. Inceptionr LLC purchased a new position in shares of T-Mobile US in the 4th quarter worth approximately $296,000. Ashton Thomas Private Wealth LLC purchased a new position in T-Mobile US during the 4th quarter valued at $803,000. HM Payson & Co. boosted its holdings in T-Mobile US by 413.1% during the 4th quarter. HM Payson & Co. now owns 1,293 shares of the Wireless communications provider's stock valued at $285,000 after acquiring an additional 1,041 shares during the period. Finally, Personal CFO Solutions LLC boosted its holdings in T-Mobile US by 40.3% during the 4th quarter. Personal CFO Solutions LLC now owns 1,583 shares of the Wireless communications provider's stock valued at $349,000 after acquiring an additional 455 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.

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 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.