T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Anfield Capital Management LLC

Key Points

• Anfield Capital Management LLC significantly increased its stake in T-Mobile US, purchasing an additional 5,229 shares, resulting in a total of 5,678 shares valued at approximately $1.51 million.
• T-Mobile US reported earnings of $2.84 per share for its recent quarter, surpassing the consensus estimate, along with a 6.9% year-over-year revenue increase to $21.13 billion.
• The company declared a quarterly dividend of $0.88 per share, representing a yield of 1.4%, payable on September 11th, with a reported payout ratio of 33.21%.

Anfield Capital Management LLC grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1,164.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,678 shares of the Wireless communications provider's stock after buying an additional 5,229 shares during the quarter. Anfield Capital Management LLC's holdings in T-Mobile US were worth $1,514,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Capital International Investors raised its position in T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares during the period. Canada Pension Plan Investment Board raised its stake in shares of T-Mobile US by 85.5% during the fourth quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock valued at $1,329,919,000 after acquiring an additional 2,777,657 shares in the last quarter. Northern Trust Corp raised its stake in shares of T-Mobile US by 13.8% during the fourth quarter. Northern Trust Corp now owns 5,325,541 shares of the Wireless communications provider's stock valued at $1,175,507,000 after acquiring an additional 645,892 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of T-Mobile US by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider's stock valued at $1,112,886,000 after purchasing an additional 844,932 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in T-Mobile US by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,084,830 shares of the Wireless communications provider's stock worth $901,643,000 after purchasing an additional 25,667 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other news, insider Jon Freier sold 7,000 shares of T-Mobile US stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,750,000.00. Following the completion of the sale, the insider directly owned 199,643 shares in the company, valued at approximately $49,910,750. The trade was a 3.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction on Monday, August 11th. The stock was sold at an average price of $247.58, for a total transaction of $17,290,987.20. Following the sale, the director owned 636,481,244 shares of the company's stock, valued at $157,580,026,389.52. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,904,530 shares of company stock worth $445,006,069. Company insiders own 0.37% of the company's stock.

T-Mobile US Stock Down 0.6%

TMUS traded down $1.44 during trading on Wednesday, hitting $250.84. The stock had a trading volume of 3,152,114 shares, compared to its average volume of 4,480,692. The company has a market capitalization of $282.30 billion, a PE ratio of 23.66, a PEG ratio of 1.39 and a beta of 0.62. T-Mobile US, Inc. has a twelve month low of $192.61 and a twelve month high of $276.49. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. The stock has a 50 day simple moving average of $235.30 and a two-hundred day simple moving average of $246.82.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.15. The company had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. T-Mobile US's revenue was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $2.49 earnings per share. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 29th. T-Mobile US's payout ratio is presently 33.21%.

Analyst Ratings Changes

Several brokerages recently issued reports on TMUS. Tigress Financial increased their price objective on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Bank of America began coverage on T-Mobile US in a research note on Monday, July 7th. They issued a "neutral" rating and a $255.00 price objective on the stock. Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a research note on Monday, July 7th. Royal Bank Of Canada increased their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock a "sector perform" rating in a research note on Friday, July 25th. Finally, KeyCorp reissued an "underweight" rating and issued a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and a consensus target price of $256.31.

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.