CSM Advisors LLC Sells 2,085 Shares of T-Mobile US, Inc. $TMUS

Key Points

• CSM Advisors LLC reduced its stake in T-Mobile US by 2.7%, selling 2,085 shares and holding a total of 74,334 shares valued at approximately $19.83 million.
• T-Mobile US recently reported a 14.53% net margin and beat earnings expectations with $2.84 EPS, while revenue rose 6.9% year-over-year to $21.13 billion.
• The company declared a $0.88 quarterly dividend with a yield of 1.4%, scheduled for payment on September 11th.

CSM Advisors LLC lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,334 shares of the Wireless communications provider's stock after selling 2,085 shares during the period. T-Mobile US accounts for approximately 1.1% of CSM Advisors LLC's investment portfolio, making the stock its 18th biggest holding. CSM Advisors LLC's holdings in T-Mobile US were worth $19,828,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Godsey & Gibb Inc. raised its position in shares of T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock valued at $27,000 after buying an additional 60 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US in the first quarter valued at approximately $29,000. TCTC Holdings LLC raised its position in shares of T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock valued at $30,000 after buying an additional 77 shares in the last quarter. Adirondack Trust Co. raised its position in shares of T-Mobile US by 366.7% in the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock valued at $37,000 after buying an additional 110 shares in the last quarter. Finally, City Holding Co. raised its position in shares of T-Mobile US by 45.3% in the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after buying an additional 43 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the transaction, the director directly owned 647,660,844 shares of the company's stock, valued at approximately $154,195,093,739.52. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 2,139,050 shares of company stock valued at $504,895,827 over the last quarter. 0.37% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $251.95 on Monday. The company has a market capitalization of $283.55 billion, a PE ratio of 23.77, a P/E/G ratio of 1.38 and a beta of 0.62. The company has a 50 day simple moving average of $237.98 and a two-hundred day simple moving average of $248.02. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. T-Mobile US, Inc. has a fifty-two week low of $192.61 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results 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 business 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%. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.49 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

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

Analyst Ratings Changes

TMUS has been the subject of a number of analyst reports. KeyCorp reiterated an "underweight" rating and issued a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. Morgan Stanley lifted their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a research report on Monday, July 7th. Finally, JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $270.00 to $280.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $256.31.

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.

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