T-Mobile US, Inc. (NASDAQ:TMUS) Stake Reduced by Account Management LLC

Account Management LLC reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 14.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,972 shares of the Wireless communications provider’s stock after selling 3,335 shares during the period. T-Mobile US comprises 4.0% of Account Management LLC’s investment portfolio, making the stock its 10th largest position. Account Management LLC’s holdings in T-Mobile US were worth $3,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of TMUS. Aveo Capital Partners LLC increased its stake in T-Mobile US by 6.5% in the 4th quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock worth $361,000 after purchasing an additional 137 shares during the period. Lincoln National Corp grew its position in shares of T-Mobile US by 19.8% in the 4th quarter. Lincoln National Corp now owns 4,830 shares of the Wireless communications provider’s stock worth $774,000 after buying an additional 798 shares during the last quarter. Montag A & Associates Inc. bought a new stake in shares of T-Mobile US in the 4th quarter worth approximately $65,000. Principal Securities Inc. bought a new stake in shares of T-Mobile US in the 4th quarter worth approximately $1,263,000. Finally, Smithfield Trust Co grew its position in shares of T-Mobile US by 36.1% in the 4th quarter. Smithfield Trust Co now owns 679 shares of the Wireless communications provider’s stock worth $108,000 after buying an additional 180 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TMUS shares. Tigress Financial lifted their price objective on T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. Evercore ISI upgraded T-Mobile US to a “hold” rating in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Scotiabank lifted their price objective on T-Mobile US from $194.50 to $197.00 and gave the stock a “sector outperform” rating in a research report on Thursday, August 1st. Finally, TD Cowen lifted their price target on T-Mobile US from $202.00 to $216.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. One research analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $198.63.

T-Mobile US Stock Down 2.1 %

T-Mobile US stock opened at $193.00 on Friday. The stock has a fifty day moving average of $188.14 and a 200 day moving average of $173.93. T-Mobile US, Inc. has a one year low of $134.50 and a one year high of $205.28. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. The stock has a market cap of $226.17 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 0.74 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The business had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. During the same quarter in the previous year, the company posted $1.86 earnings per share. T-Mobile US’s revenue for the quarter was up 3.0% on a year-over-year basis. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 9.18 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.35%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio is presently 35.37%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $173.10, for a total transaction of $23,102,099.10. Following the completion of the sale, the director now owns 671,752,404 shares of the company’s stock, valued at $116,280,341,132.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $177.59, for a total value of $532,770.00. Following the completion of the transaction, the insider now owns 122,687 shares of the company’s stock, valued at $21,787,984.33. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Telekom Ag Deutsche sold 133,461 shares of the company’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $173.10, for a total value of $23,102,099.10. Following the completion of the transaction, the director now directly owns 671,752,404 shares of the company’s stock, valued at approximately $116,280,341,132.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,336,950 shares of company stock valued at $239,882,745. Company insiders own 0.67% of the company’s stock.

T-Mobile US Profile

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.