Highview Capital Management LLC DE lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 37.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,113 shares of the Wireless communications provider's stock after selling 6,140 shares during the period. T-Mobile US makes up 1.1% of Highview Capital Management LLC DE's investment portfolio, making the stock its 27th largest position. Highview Capital Management LLC DE's holdings in T-Mobile US were worth $2,697,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Ancora Advisors LLC increased its holdings in T-Mobile US by 16.6% during the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after purchasing an additional 37 shares during the period. Snowden Capital Advisors LLC increased its holdings in shares of T-Mobile US by 0.6% in the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock valued at $1,411,000 after acquiring an additional 40 shares during the last quarter. Signaturefd LLC increased its holdings in shares of T-Mobile US by 0.4% in the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after acquiring an additional 41 shares during the last quarter. Financial Management Professionals Inc. increased its holdings in shares of T-Mobile US by 15.6% in the 1st quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock valued at $81,000 after acquiring an additional 41 shares during the last quarter. Finally, Continuum Advisory LLC increased its holdings in shares of T-Mobile US by 0.7% in the 4th quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock valued at $1,340,000 after acquiring an additional 43 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.
Insiders Place Their Bets
In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction on Monday, July 7th. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the sale, the director owned 647,660,844 shares in the company, valued at $154,195,093,739.52. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 698,400 shares of company stock worth $161,083,166 over the last ninety days. Company insiders own 0.37% of the company's stock.
T-Mobile US Price Performance
NASDAQ TMUS traded down $2.13 during mid-day trading on Thursday, hitting $230.18. The stock had a trading volume of 3,526,536 shares, compared to its average volume of 4,100,086. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. The company has a 50 day simple moving average of $238.24 and a 200 day simple moving average of $243.46. The company has a market cap of $261.35 billion, a price-to-earnings ratio of 22.44, a P/E/G ratio of 1.32 and a beta of 0.62. T-Mobile US, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. T-Mobile US's revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.00 earnings per share. Equities analysts forecast 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. Shareholders of record on Friday, August 29th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's payout ratio is 34.34%.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 target price for the company in a research report on Monday. KeyCorp reissued an "underweight" rating and issued a $200.00 target price on shares of T-Mobile US in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Citigroup cut T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research report on Friday, March 14th. Finally, Tigress Financial increased their price objective on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $252.61.
Check Out Our Latest Stock Analysis on T-Mobile US
T-Mobile US Company 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 Stories
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
