Vetr cut shares of T-Mobile US Inc. (NASDAQ:TMUS) from a buy rating to a hold rating in a research report released on Monday. Vetr currently has $48.53 target price on the stock.

A number of other equities analysts also recently commented on TMUS. Wells Fargo & Co. upgraded T-Mobile US from a market perform rating to an outperform rating and lifted their target price for the company from $49.00 to $54.00 in a research note on Monday, August 29th. They noted that the move was a valuation call. FBR & Co lifted their target price on T-Mobile US from $40.00 to $48.00 and gave the company a market perform rating in a research note on Friday, July 29th. Jefferies Group lifted their target price on T-Mobile US from $45.00 to $55.00 and gave the company a buy rating in a research note on Thursday, July 21st. Pacific Crest lifted their target price on T-Mobile US from $48.00 to $53.00 and gave the company an overweight rating in a research note on Thursday, July 28th. Finally, Zacks Investment Research downgraded T-Mobile US from a buy rating to a hold rating in a research note on Friday, July 22nd. Ten analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of $48.78.

T-Mobile US (NASDAQ:TMUS) opened at 47.03 on Monday. T-Mobile US has a 1-year low of $33.23 and a 1-year high of $48.11. The company has a 50-day moving average price of $46.52 and a 200 day moving average price of $42.56. The stock has a market capitalization of $38.69 billion, a P/E ratio of 36.18 and a beta of 0.76.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.05. The business earned $9.20 billion during the quarter, compared to the consensus estimate of $9.03 billion. T-Mobile US had a return on equity of 6.77% and a net margin of 3.36%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $0.42 earnings per share. On average, equities analysts predict that T-Mobile US will post $1.31 EPS for the current year.

In other T-Mobile US news, EVP David A. Miller sold 10,000 shares of the company’s stock in a transaction dated Monday, July 11th. The shares were sold at an average price of $44.00, for a total transaction of $440,000.00. Following the sale, the executive vice president now directly owns 119,816 shares of the company’s stock, valued at $5,271,904. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Thomas Christopher Keys sold 14,700 shares of the company’s stock in a transaction dated Friday, September 2nd. The stock was sold at an average price of $47.11, for a total transaction of $692,517.00. Following the sale, the insider now directly owns 355,876 shares in the company, valued at $16,765,318.36. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of TMUS. Creative Planning boosted its stake in shares of T-Mobile US by 45.2% in the second quarter. Creative Planning now owns 2,970 shares of the company’s stock valued at $129,000 after buying an additional 924 shares in the last quarter. Gilder Gagnon Howe & Co. LLC boosted its stake in shares of T-Mobile US by 9.6% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 3,079 shares of the company’s stock valued at $133,000 after buying an additional 269 shares in the last quarter. Checchi Capital Advisers LLC boosted its stake in shares of T-Mobile US by 1.4% in the second quarter. Checchi Capital Advisers LLC now owns 3,386 shares of the company’s stock valued at $147,000 after buying an additional 48 shares in the last quarter. Invictus RG boosted its stake in shares of T-Mobile US by 330.4% in the first quarter. Invictus RG now owns 3,641 shares of the company’s stock valued at $139,000 after buying an additional 2,795 shares in the last quarter. Finally, Global X Management Co. LLC boosted its stake in shares of T-Mobile US by 125.3% in the second quarter. Global X Management Co. LLC now owns 3,773 shares of the company’s stock valued at $163,000 after buying an additional 2,098 shares in the last quarter. 34.17% of the stock is currently owned by hedge funds and other institutional investors.

5 Day Chart for NASDAQ:TMUS

To view Vetr’s full report, visit Vetr’s official website.

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