T-Mobile US, Inc. (NASDAQ:TMUS) Stake Boosted by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC increased its stake in T-Mobile US by 6.2% during the first quarter, acquiring an additional 26,705 shares, bringing its total holdings to 455,844 shares valued at approximately $121.6 million.
• T-Mobile US reported strong quarterly earnings with an EPS of $2.84, exceeding analysts' expectations of $2.69, and a revenue of $21.13 billion, up 6.9% year-over-year.
• The company announced a quarterly dividend of $0.88 per share, representing a dividend yield of 1.47% with a payout ratio of 33.21%.

Natixis Advisors LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 6.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 455,844 shares of the Wireless communications provider's stock after purchasing an additional 26,705 shares during the period. Natixis Advisors LLC's holdings in T-Mobile US were worth $121,578,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TMUS. Ancora Advisors LLC lifted its holdings in shares of 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 acquiring an additional 37 shares during the period. Snowden Capital Advisors LLC lifted its holdings in shares of T-Mobile US by 0.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after acquiring an additional 40 shares during the period. Financial Management Professionals Inc. lifted its holdings in shares of T-Mobile US by 15.6% during the 1st quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock worth $81,000 after acquiring an additional 41 shares during the period. Hohimer Wealth Management LLC lifted its holdings in shares of T-Mobile US by 2.3% during the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider's stock worth $480,000 after acquiring an additional 41 shares during the period. Finally, Journey Strategic Wealth LLC lifted its holdings in shares of T-Mobile US by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider's stock worth $273,000 after acquiring an additional 41 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $241.08, for a total transaction of $16,837,027.20. Following the completion of the sale, the director owned 646,473,564 shares of the company's stock, valued at approximately $155,851,846,809.12. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Callie R. Field sold 12,300 shares of the firm's stock in a transaction on Tuesday, July 29th. The stock was 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,555,330 shares of company stock valued at $360,568,811. 0.37% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Morgan Stanley increased their price objective on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their target price for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. JPMorgan Chase & Co. increased their target price on shares of T-Mobile US from $270.00 to $280.00 and gave the stock 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 target price for the company in a research report on Monday, July 7th. Finally, Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of "Moderate Buy" and a consensus target price of $256.31.

T-Mobile US Stock Down 1.3%

Shares of TMUS stock traded down $3.17 during mid-day trading on Thursday, reaching $238.41. 4,075,941 shares of the company were exchanged, compared to its average volume of 3,976,442. T-Mobile US, Inc. has a fifty-two week low of $176.89 and a fifty-two week high of $276.49. 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 company has a market capitalization of $268.31 billion, a P/E ratio of 22.49, a P/E/G ratio of 1.32 and a beta of 0.62. The business's 50 day simple moving average is $235.00 and its 200 day simple moving average is $245.15.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter last year, the company earned $2.49 earnings per share. The business's quarterly revenue was up 6.9% compared to the same quarter last year. Research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.5%. T-Mobile US's dividend payout ratio (DPR) is presently 33.21%.

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.