Cwm LLC Has $15.20 Million Stake in T-Mobile US, Inc. $TMUS

Key Points

• Cwm LLC increased its stake in T-Mobile US by 8.8%, now holding shares valued at $15.2 million, as reported in their latest SEC filing.
• T-Mobile US reported an EPS of $2.84 for the last quarter, surpassing expectations, with revenue up 6.9% year-over-year, totaling $21.13 billion.
• The company has announced an increase in its quarterly dividend to $1.02, payable on December 11th, reflecting positive growth in the company.

Cwm LLC raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 8.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 63,797 shares of the Wireless communications provider's stock after purchasing an additional 5,149 shares during the period. Cwm LLC's holdings in T-Mobile US were worth $15,200,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in TMUS. Activest Wealth Management boosted its stake in T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after purchasing an additional 94 shares during the last quarter. Missouri Trust & Investment Co boosted its stake in T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 105 shares during the last quarter. Stone House Investment Management LLC bought a new position in shares of T-Mobile US during the 1st quarter worth approximately $29,000. TCTC Holdings LLC lifted its position in shares of T-Mobile US by 208.1% during the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after buying an additional 77 shares in the last quarter. Finally, Tsfg LLC bought a new position in shares of T-Mobile US during the 1st quarter worth approximately $47,000. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Price Performance

T-Mobile US stock opened at $225.06 on Tuesday. T-Mobile US, Inc. has a 12 month low of $208.39 and a 12 month high of $276.49. 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 business's 50 day simple moving average is $243.04 and its 200 day simple moving average is $242.43. The company has a market cap of $253.29 billion, a price-to-earnings ratio of 21.23, a PEG ratio of 1.56 and a beta of 0.59.

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 EPS for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The business had revenue of $21.13 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the prior year, the business earned $2.49 earnings per share. T-Mobile US's revenue for the quarter was up 6.9% on a year-over-year basis. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US's previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 1.8%. T-Mobile US's dividend payout ratio (DPR) is currently 33.21%.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $238.61, for a total transaction of $16,664,522.40. Following the sale, the director owned 646,613,244 shares of the company's stock, valued at $154,288,386,150.84. The trade was a 0.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 2,359,321 shares of company stock valued at $570,950,708 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Redburn Atlantic raised shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a research report on Monday, July 7th. Morgan Stanley lifted their target price on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Bank of America assumed coverage on shares of T-Mobile US in a research report on Monday, July 7th. They set a "neutral" rating and a $255.00 target price on the stock. Finally, JPMorgan Chase & Co. lifted their target price on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $265.13.

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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