Banque Transatlantique SA Takes Position in T-Mobile US, Inc. $TMUS

Key Points

• Banque Transatlantique SA has made a new investment of $1.43 million in T-Mobile US, Inc., acquiring 5,810 shares in the first quarter.
• T-Mobile's recent earnings report showed EPS of $2.84, exceeding analysts' expectations, and a revenue increase of 6.9% year-over-year, totaling $21.13 billion.
• The company disclosed a quarterly dividend of $0.88 per share, with a dividend yield of 1.4%, to be paid on September 11th.

Banque Transatlantique SA acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,810 shares of the Wireless communications provider's stock, valued at approximately $1,432,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Activest Wealth Management grew its stake in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock worth $25,000 after acquiring an additional 94 shares during the period. Godsey & Gibb Inc. grew its stake in T-Mobile US by 139.5% in the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after acquiring an additional 60 shares during the period. Stone House Investment Management LLC purchased a new stake in T-Mobile US in the 1st quarter worth approximately $29,000. TCTC Holdings LLC grew its stake in T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after acquiring an additional 77 shares during the period. Finally, City Holding Co. grew its stake in T-Mobile US by 45.3% in the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 43 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Up 0.3%

NASDAQ:TMUS traded up $0.64 on Friday, reaching $252.76. The stock had a trading volume of 3,294,176 shares, compared to its average volume of 3,654,834. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The company has a 50-day moving average of $243.02 and a 200 day moving average of $247.60. The stock has a market cap of $284.46 billion, a P/E ratio of 23.85, a price-to-earnings-growth ratio of 1.38 and a beta of 0.61. T-Mobile US, Inc. has a 12-month low of $192.61 and a 12-month high of $276.49.

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

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the transaction, the director owned 647,660,844 shares of the company's stock, valued at approximately $154,195,093,739.52. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 2,488,250 shares of company stock valued at $593,252,506. Corporate insiders own 0.37% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 target price for the company in a research note on Monday, July 7th. KeyCorp reissued an "underweight" rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Royal Bank Of Canada boosted their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Finally, The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a research note on Tuesday. They set a "buy" rating and a $286.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $258.02.

T-Mobile US Company 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.