Graphene Investments SAS Sells 1,500 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Graphene Investments SAS lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 11.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,000 shares of the Wireless communications provider's stock after selling 1,500 shares during the quarter. T-Mobile US comprises 2.3% of Graphene Investments SAS's holdings, making the stock its 8th biggest position. Graphene Investments SAS's holdings in T-Mobile US were worth $3,201,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Godsey & Gibb Inc. lifted its position in T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares during the period. Rakuten Securities Inc. boosted its position in shares of T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares in the last quarter. CoreFirst Bank & Trust bought a new position in T-Mobile US in the fourth quarter valued at approximately $28,000. City Holding Co. raised its position in T-Mobile US by 45.3% during the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after purchasing an additional 43 shares in the last quarter. Finally, Adirondack Trust Co. lifted its stake in T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after purchasing an additional 110 shares during the last quarter. Institutional investors own 42.49% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TMUS shares. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price target for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. JPMorgan Chase & Co. lifted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research note on Friday, March 14th. Finally, 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. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $257.68.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $230.56, for a total value of $16,102,310.40. Following the sale, the director now owns 648,149,724 shares of the company's stock, valued at $149,437,400,365.44. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 419,040 shares of company stock worth $94,880,434 over the last three months. 0.37% of the stock is currently owned by insiders.

T-Mobile US Price Performance

TMUS stock opened at $231.42 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. The company's 50-day moving average is $240.54 and its 200-day moving average is $242.79. The stock has a market capitalization of $262.76 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The business had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.67 billion. During the same quarter last year, the firm earned $2.00 EPS. The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. Equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is currently 34.34%.

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.

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