NWI Management LP lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 19.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 82,250 shares of the Wireless communications provider’s stock after selling 20,000 shares during the period. T-Mobile US comprises about 0.4% of NWI Management LP’s investment portfolio, making the stock its 19th biggest position. NWI Management LP’s holdings in T-Mobile US were worth $13,425,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of T-Mobile US by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after purchasing an additional 1,667,778 shares during the last quarter. Norges Bank bought a new position in shares of T-Mobile US during the 4th quarter valued at $3,338,708,000. Wellington Management Group LLP grew its holdings in shares of T-Mobile US by 200.0% during the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock valued at $1,020,116,000 after purchasing an additional 4,241,877 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of T-Mobile US by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,258,386 shares of the Wireless communications provider’s stock valued at $682,699,000 after purchasing an additional 23,800 shares during the last quarter. Finally, Putnam Investments LLC grew its holdings in shares of T-Mobile US by 74.6% during the 4th quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock valued at $631,575,000 after purchasing an additional 1,682,743 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.
Insiders Place Their Bets
In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $162.43, for a total value of $30,808,098.10. Following the completion of the transaction, the director now directly owns 676,969,021 shares of the company’s stock, valued at $109,960,078,081.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $162.43, for a total value of $30,808,098.10. Following the completion of the transaction, the director now directly owns 676,969,021 shares of the company’s stock, valued at $109,960,078,081.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $163.20, for a total transaction of $3,264,000.00. Following the completion of the sale, the chief executive officer now owns 458,124 shares of the company’s stock, valued at $74,765,836.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,578,798 shares of company stock valued at $777,670,357. Insiders own 0.67% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Analysis on T-Mobile US
T-Mobile US Stock Up 0.2 %
NASDAQ TMUS traded up $0.39 during trading hours on Friday, reaching $175.53. 3,117,229 shares of the company’s stock traded hands, compared to its average volume of 3,560,749. T-Mobile US, Inc. has a 52-week low of $131.47 and a 52-week high of $185.42. The firm has a market cap of $205.69 billion, a PE ratio of 23.88, a PEG ratio of 0.72 and a beta of 0.51. The firm has a 50-day simple moving average of $176.10 and a 200 day simple moving average of $167.40. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.17. The business had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.58 earnings per share. Sell-side analysts anticipate that T-Mobile US, Inc. will post 8.99 EPS for the current fiscal year.
T-Mobile US Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 annualized dividend and a yield of 1.48%. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.
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.
Featured Articles
- Five stocks we like better than T-Mobile US
- Best Aerospace Stocks Investing
- Is Crypto Cool Again? What Stocks You Should Be Watching
- Top Stocks Investing in 5G Technology
- Why Call Options Volume for These 2 Stocks Spiked Together
- Energy and Oil Stocks Explained
- MarketBeat Week in Review – 7/22 – 7/26
Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS – Free Report).
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.