Free Trial

Headlands Technologies LLC Has $373,000 Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

T-Mobile US logo with Computer and Technology background

Key Points

  • Headlands Technologies LLC significantly reduced its stake in T-Mobile US, Inc. by 84.7% during the 1st quarter, holding 1,400 shares valued at $373,000 after selling 7,772 shares.
  • T-Mobile US reported $2.84 earnings per share (EPS) for the quarter, surpassing the consensus estimate of $2.69, with revenues of $21.13 billion, a 6.9% year-over-year increase.
  • The company recently announced a quarterly dividend of $0.88 per share to be paid on September 11th, yielding approximately 1.4% annually.
  • Need Better Tools to Track T-Mobile US? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Headlands Technologies LLC decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 84.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,400 shares of the Wireless communications provider's stock after selling 7,772 shares during the quarter. Headlands Technologies LLC's holdings in T-Mobile US were worth $373,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of TMUS. Godsey & Gibb Inc. raised its stake in shares of T-Mobile US by 139.5% in the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock valued at $27,000 after purchasing an additional 60 shares during the period. TCTC Holdings LLC raised its stake in shares of T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock valued at $30,000 after purchasing an additional 77 shares during the period. Adirondack Trust Co. raised its stake in shares of T-Mobile US by 366.7% in the 1st quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock valued at $37,000 after purchasing an additional 110 shares during the period. City Holding Co. grew its holdings in shares of T-Mobile US by 45.3% in the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after acquiring an additional 43 shares in the last quarter. Finally, Pinney & Scofield Inc. bought a new position in shares of T-Mobile US in the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Wall Street Zen cut T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. JPMorgan Chase & Co. raised their price objective on T-Mobile US from $270.00 to $280.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. KeyCorp restated an "underweight" rating and issued a $200.00 price objective on shares of T-Mobile US in a report on Wednesday, July 9th. Finally, Morgan Stanley raised their price objective on T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $256.31.

Check Out Our Latest Analysis on T-Mobile US

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $244.98 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. The stock has a market cap of $275.71 billion, a price-to-earnings ratio of 23.11, a PEG ratio of 1.35 and a beta of 0.62. T-Mobile US, Inc. has a fifty-two week low of $192.11 and a fifty-two week high of $276.49. The firm's 50-day simple moving average is $234.84 and its 200 day simple moving average is $246.33.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) 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 company had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter last year, the business posted $2.49 EPS. T-Mobile US's quarterly revenue was up 6.9% compared to the same quarter last year. As a group, research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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

Insider Transactions at T-Mobile US

In related news, insider Callie R. Field sold 12,300 shares of T-Mobile US stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $240.80, for a total value of $2,961,840.00. Following the transaction, the insider owned 110,891 shares in the company, valued at $26,702,552.80. This trade represents a 9.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $239.71, for a total transaction of $16,741,346.40. Following the transaction, the director directly owned 646,124,364 shares of the company's stock, valued at approximately $154,882,471,294.44. This trade represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,764,850 shares of company stock valued at $410,591,012. Insiders own 0.37% of the company's stock.

T-Mobile US Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in T-Mobile US Right Now?

Before you consider T-Mobile US, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and T-Mobile US wasn't on the list.

While T-Mobile US currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines