KeyCorp set a $76.00 target price on T-Mobile Us (NASDAQ:TMUS) in a research note issued to investors on Thursday. The brokerage currently has a buy rating on the Wireless communications provider’s stock.

TMUS has been the topic of several other research reports. BidaskClub raised shares of T-Mobile Us from a sell rating to a hold rating in a research note on Tuesday, August 7th. ValuEngine raised shares of T-Mobile Us from a sell rating to a hold rating in a research note on Tuesday, August 7th. Societe Generale reissued a buy rating and set a $71.00 target price on shares of T-Mobile Us in a research note on Thursday, August 2nd. Wells Fargo & Co raised shares of T-Mobile Us from a market perform rating to an outperform rating in a research note on Wednesday, June 27th. Finally, Nomura reissued a neutral rating and set a $68.00 target price on shares of T-Mobile Us in a research note on Thursday, August 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and three have issued a strong buy rating to the company. The stock has a consensus rating of Buy and an average target price of $71.46.

T-Mobile Us stock opened at $68.25 on Thursday. The stock has a market cap of $57.54 billion, a price-to-earnings ratio of 29.80, a P/E/G ratio of 1.31 and a beta of 0.44. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.66 and a current ratio of 0.76. T-Mobile Us has a 52 week low of $54.60 and a 52 week high of $68.71.

T-Mobile Us (NASDAQ:TMUS) last released its earnings results on Wednesday, August 1st. The Wireless communications provider reported $0.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.06. The firm had revenue of $10.57 billion for the quarter, compared to analysts’ expectations of $10.65 billion. T-Mobile Us had a net margin of 11.27% and a return on equity of 10.87%. T-Mobile Us’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company earned $0.67 EPS. research analysts forecast that T-Mobile Us will post 3.18 earnings per share for the current year.

In other news, EVP David A. Miller sold 5,000 shares of T-Mobile Us stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $65.00, for a total value of $325,000.00. Following the transaction, the executive vice president now owns 122,523 shares of the company’s stock, valued at approximately $7,963,995. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO G Michael Sievert sold 5,851 shares of T-Mobile Us stock in a transaction that occurred on Tuesday, July 3rd. The stock was sold at an average price of $59.38, for a total transaction of $347,432.38. Following the completion of the transaction, the chief operating officer now directly owns 460,700 shares in the company, valued at approximately $27,356,366. The disclosure for this sale can be found here. Insiders sold a total of 95,660 shares of company stock worth $6,186,665 in the last ninety days. Corporate insiders own 0.37% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. grew its stake in shares of T-Mobile Us by 2.2% in the 2nd quarter. BlackRock Inc. now owns 15,091,550 shares of the Wireless communications provider’s stock worth $901,718,000 after purchasing an additional 323,027 shares during the last quarter. Carmignac Gestion boosted its holdings in shares of T-Mobile Us by 1.8% in the first quarter. Carmignac Gestion now owns 6,014,342 shares of the Wireless communications provider’s stock worth $367,115,000 after buying an additional 107,906 shares during the period. Morgan Stanley boosted its holdings in shares of T-Mobile Us by 44.5% in the second quarter. Morgan Stanley now owns 5,782,115 shares of the Wireless communications provider’s stock worth $345,483,000 after buying an additional 1,781,530 shares during the period. DnB Asset Management AS acquired a new position in shares of T-Mobile Us in the second quarter worth about $240,108,000. Finally, Paulson & CO. Inc. boosted its holdings in shares of T-Mobile Us by 2.7% in the second quarter. Paulson & CO. Inc. now owns 3,902,560 shares of the Wireless communications provider’s stock worth $233,178,000 after buying an additional 102,560 shares during the period. 33.01% of the stock is currently owned by institutional investors.

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 72.6 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

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Analyst Recommendations for T-Mobile Us (NASDAQ:TMUS)

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