T-Mobile US, Inc. (NASDAQ:TMUS) is NS Partners Ltd's 10th Largest Position

Key Points

• NS Partners Ltd increased its holdings in T-Mobile US, Inc. by 1.1%, acquiring an additional 2,293 shares, which now make up 2.4% of its portfolio, valued at approximately $54.1 million.
• T-Mobile US reported a Q2 EPS of $2.84, exceeding analysts' expectations, with quarterly revenue of $21.13 billion, up 6.9% year-over-year.
• The company announced a quarterly dividend of $0.88 per share, with a yield of 1.4%, set to be paid on September 11th.

NS Partners Ltd lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,913 shares of the Wireless communications provider's stock after purchasing an additional 2,293 shares during the period. T-Mobile US comprises about 2.4% of NS Partners Ltd's portfolio, making the stock its 10th largest holding. NS Partners Ltd's holdings in T-Mobile US were worth $54,119,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Godsey & Gibb Inc. raised 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 acquiring an additional 60 shares during the period. TCTC Holdings LLC boosted its holdings in T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after buying an additional 77 shares during the last quarter. City Holding Co. lifted its position in shares of T-Mobile US by 45.3% in the first 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. Adirondack Trust Co. boosted its stake in shares of T-Mobile US by 366.7% in the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 110 shares during the last quarter. Finally, Pinney & Scofield Inc. acquired a new position in T-Mobile US in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Buying and Selling at T-Mobile US

In other news, insider Callie R. Field sold 12,300 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $240.80, for a total transaction of $2,961,840.00. Following the transaction, the insider directly owned 110,891 shares in the company, valued at approximately $26,702,552.80. This trade represents a 9.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction on 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 completion of the transaction, the director directly owned 646,124,364 shares in the company, valued at $154,882,471,294.44. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,764,850 shares of company stock worth $410,591,012. 0.37% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TMUS shares. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Tigress Financial raised their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Morgan Stanley boosted their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Royal Bank Of Canada raised their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a "sector perform" rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. boosted their target price on shares of T-Mobile US from $270.00 to $280.00 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 issued a hold rating, nine have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $256.31.

T-Mobile US Stock Up 1.2%

Shares of NASDAQ:TMUS traded up $3.09 during trading on Tuesday, hitting $251.96. 1,723,382 shares of the company were exchanged, compared to its average volume of 4,340,544. The firm's 50 day moving average price is $234.95 and its 200-day moving average price is $246.75. T-Mobile US, Inc. has a 12-month low of $192.61 and a 12-month high of $276.49. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The stock has a market capitalization of $283.56 billion, a P/E ratio of 23.77, a PEG ratio of 1.35 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.15. The company had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. T-Mobile US's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.49 earnings per share. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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