Louisbourg Investments Inc. Has $6.48 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Louisbourg Investments Inc. reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 15.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,294 shares of the Wireless communications provider's stock after selling 4,464 shares during the period. T-Mobile US accounts for about 1.6% of Louisbourg Investments Inc.'s holdings, making the stock its 17th biggest position. Louisbourg Investments Inc.'s holdings in T-Mobile US were worth $6,479,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in TMUS. Godsey & Gibb Inc. lifted its holdings in shares of 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. grew its holdings 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 purchasing an additional 62 shares during the period. CoreFirst Bank & Trust acquired a new stake in T-Mobile US in the fourth quarter valued at approximately $28,000. Adirondack Trust Co. grew its position in T-Mobile US by 366.7% in the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock valued at $37,000 after acquiring an additional 110 shares in the last quarter. Finally, City Holding Co. boosted its stake in shares of T-Mobile US by 45.3% during the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after buying an additional 43 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $230.16, for a total transaction of $16,074,374.40. Following the sale, the director now owns 588,274,099 shares of the company's stock, valued at approximately $135,397,166,625.84. This trade represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.37% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on TMUS. Royal Bank Of Canada increased their target price on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday, March 21st. Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Hsbc Global Res lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their price target for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. Finally, UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $257.68.

T-Mobile US Stock Performance

Shares of TMUS stock traded down $0.44 during trading on Thursday, reaching $220.99. The company had a trading volume of 5,588,020 shares, compared to its average volume of 4,101,384. The company has a market capitalization of $250.92 billion, a PE ratio of 21.56, a PEG ratio of 1.22 and a beta of 0.64. The firm's 50 day simple moving average is $243.92 and its two-hundred day simple moving average is $243.23. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. T-Mobile US, Inc. has a one year low of $173.74 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company's revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.00 EPS. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders 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 yield of 1.59%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is currently 34.34%.

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.