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Sandro Wealth Management LLC Buys Shares of 10,573 T-Mobile US, Inc. $TMUS

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Key Points

  • Sandro Wealth Management bought 10,573 shares of T‑Mobile (~$2.15M) in Q4, making the stock about 1.8% of the firm's holdings and its 15th largest position, while large institutions (Vanguard, State Street, Wellington, etc.) have also recently increased stakes and institutional ownership stands at ~42.5%.
  • T‑Mobile reported an earnings beat (Q: EPS $2.27 vs. $2.01 est.; revenue $23.11B vs. $22.98B), and announced a quarterly dividend of $1.02 ($4.08 annualized, ~2.1% yield).
  • Insiders have been net sellers—Director Raul Marcelo Claure sold 550,000 shares (~$119.7M) and insiders sold 694,134 shares (~$150.8M) in the last 90 days—yet analysts remain largely positive with a consensus "Moderate Buy" and an average price target of about $258.83.
  • Five stocks we like better than T-Mobile US.

Sandro Wealth Management LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,573 shares of the Wireless communications provider's stock, valued at approximately $2,147,000. T-Mobile US makes up approximately 1.8% of Sandro Wealth Management LLC's holdings, making the stock its 15th largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in T-Mobile US by 1.5% in the third quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider's stock valued at $10,244,764,000 after buying an additional 636,192 shares in the last quarter. State Street Corp increased its holdings in T-Mobile US by 4.7% in the third quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider's stock valued at $5,801,155,000 after buying an additional 1,092,769 shares in the last quarter. Capital International Investors increased its stake in shares of T-Mobile US by 5.5% during the 3rd quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider's stock worth $3,285,608,000 after purchasing an additional 711,278 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of T-Mobile US by 47.5% during the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider's stock worth $3,222,454,000 after purchasing an additional 4,335,368 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of T-Mobile US by 6.1% during the 3rd quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider's stock worth $1,891,845,000 after purchasing an additional 453,096 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on TMUS shares. Freedom Capital raised shares of T-Mobile US from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 17th. Daiwa Securities Group raised shares of T-Mobile US from a "neutral" rating to an "outperform" rating and set a $240.00 price objective for the company in a research note on Thursday, February 19th. The Goldman Sachs Group reissued a "buy" rating on shares of T-Mobile US in a research note on Wednesday. Wall Street Zen raised shares of T-Mobile US from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, Morgan Stanley started coverage on shares of T-Mobile US in a research note on Thursday, April 16th. They set an "overweight" rating and a $260.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $258.83.

Read Our Latest Stock Analysis on T-Mobile US

T-Mobile US News Roundup

Here are the key news stories impacting T-Mobile US this week:

Insider Activity

In other T-Mobile US news, Director Raul Marcelo Claure sold 550,000 shares of T-Mobile US stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total value of $119,663,500.00. Following the transaction, the director owned 891,204 shares in the company, valued at $193,899,254.28. This trade represents a 38.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Srikant M. Datar sold 3,291 shares of T-Mobile US stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total transaction of $727,640.10. Following the completion of the transaction, the director owned 1,038 shares in the company, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 694,134 shares of company stock valued at $150,847,799 in the last 90 days. Insiders own 0.37% of the company's stock.

T-Mobile US Stock Up 0.3%

Shares of NASDAQ TMUS opened at $196.06 on Friday. T-Mobile US, Inc. has a 1 year low of $181.36 and a 1 year high of $261.56. The firm's 50 day moving average price is $206.12 and its 200 day moving average price is $205.40. The firm has a market cap of $212.36 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 1.20 and a beta of 0.43. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.90 and a current ratio of 1.09.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The firm had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same quarter last year, the business earned $2.58 earnings per share. T-Mobile US's revenue was up 10.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.41 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. T-Mobile US's dividend payout ratio (DPR) is 43.40%.

T-Mobile US Company Profile

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

Read More

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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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