DRW Securities LLC Boosts Stock Holdings in T-Mobile US, Inc. $TMUS

Key Points

• DRW Securities LLC increased its stake in T-Mobile US, Inc. by 170.5% during the 1st quarter, owning a total of 6,733 shares valued at approximately $1.8 million.
• Insider sales at T-Mobile US saw significant transactions, including a director selling 69,840 shares for about $17.5 million in late August.
• Analysts have varying views on T-Mobile US, with price targets ranging from $200 to $280, reflecting a consensus rating of "Moderate Buy" with an average target price of approximately $256.31.

DRW Securities LLC lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 170.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,733 shares of the Wireless communications provider's stock after purchasing an additional 4,244 shares during the period. DRW Securities LLC's holdings in T-Mobile US were worth $1,796,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its position in shares of T-Mobile US by 29,289.4% in the 1st quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider's stock worth $814,416,000 after purchasing an additional 3,043,173 shares during the period. Nuveen LLC bought a new stake in T-Mobile US during the first quarter valued at $618,248,000. Deutsche Bank AG boosted its position in T-Mobile US by 38.8% during the fourth quarter. Deutsche Bank AG now owns 3,465,534 shares of the Wireless communications provider's stock valued at $764,947,000 after acquiring an additional 968,444 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in T-Mobile US by 14.3% during the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider's stock valued at $1,837,399,000 after acquiring an additional 864,030 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in T-Mobile US by 25.4% during 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 acquiring an additional 844,932 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Trading Up 1.5%

Shares of NASDAQ:TMUS traded up $3.90 during mid-day trading on Tuesday, hitting $255.89. The company had a trading volume of 4,053,846 shares, compared to its average volume of 3,743,315. The company has a market capitalization of $287.98 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 1.38 and a beta of 0.61. The firm has a fifty day moving average price of $241.82 and a 200 day moving average price of $247.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a one year low of $192.61 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The firm 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 company posted $2.49 earnings per share. The business's revenue was up 6.9% on a year-over-year basis. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

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

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction on 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 in the company, valued at approximately $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 2,418,410 shares of company stock worth $575,342,737 in the last 90 days. Corporate insiders own 0.37% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. JPMorgan Chase & Co. upped their price target on shares of T-Mobile US from $270.00 to $280.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Rothschild & Co Redburn raised 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. The Goldman Sachs Group assumed coverage on shares of T-Mobile US in a research report on Tuesday. They set a "buy" rating and a $286.00 price target on the stock. KeyCorp reaffirmed an "underweight" rating and set a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. Finally, Morgan Stanley lifted their price objective on shares of T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research note 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 assigned a Sell rating to the company. Based on data from MarketBeat, T-Mobile US has a consensus rating of "Moderate Buy" and an average price target of $258.02.

About T-Mobile US

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.