B. Metzler seel. Sohn & Co. AG Has $8.15 Million Position in T-Mobile US, Inc. $TMUS

B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 17.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 34,033 shares of the Wireless communications provider’s stock after purchasing an additional 5,141 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in T-Mobile US were worth $8,147,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Howard Hughes Medical Institute acquired a new position in shares of T-Mobile US during the 2nd quarter worth $25,000. United Community Bank lifted its stake in shares of T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 59 shares during the last quarter. Elevation Wealth Partners LLC boosted its holdings in T-Mobile US by 190.0% in the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 76 shares in the last quarter. CoreFirst Bank & Trust bought a new stake in T-Mobile US in the second quarter worth $31,000. Finally, Kilter Group LLC acquired a new position in T-Mobile US during the second quarter worth $34,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Wells Fargo & Company increased their price objective on T-Mobile US from $225.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, February 13th. BNP Paribas Exane cut their price objective on T-Mobile US from $300.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Barclays boosted their target price on T-Mobile US from $240.00 to $245.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Finally, The Goldman Sachs Group upped their target price on T-Mobile US from $233.00 to $254.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $257.09.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $221.57 on Monday. The firm has a market capitalization of $244.14 billion, a PE ratio of 22.82, a PEG ratio of 1.43 and a beta of 0.42. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a 1-year low of $181.36 and a 1-year high of $272.60. The business’s 50 day moving average is $202.78 and its 200-day moving average is $215.53.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of T-Mobile US stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total transaction of $727,640.10. Following the sale, the director owned 1,038 shares in the company, valued at $229,501.80. The trade was 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 business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the completion of the sale, the director directly owned 891,204 shares in the company, valued at $193,899,254.28. This trade represents a 38.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 694,134 shares of company stock valued at $150,847,799 over the last 90 days. Corporate insiders own 0.37% of the company’s stock.

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.