T-Mobile US, Inc. (NASDAQ:TMUS) is Overbrook Management Corp's 5th Largest Position

Overbrook Management Corp trimmed its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 14.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,178 shares of the Wireless communications provider's stock after selling 13,772 shares during the quarter. T-Mobile US accounts for approximately 5.3% of Overbrook Management Corp's investment portfolio, making the stock its 5th largest position. Overbrook Management Corp's holdings in T-Mobile US were worth $22,451,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of TMUS. Ancora Advisors LLC boosted its stake in shares of T-Mobile US by 16.6% during the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after purchasing an additional 37 shares during the period. Snowden Capital Advisors LLC boosted its stake in shares of T-Mobile US by 0.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock valued at $1,411,000 after purchasing an additional 40 shares during the period. Signaturefd LLC boosted its stake in shares of T-Mobile US by 0.4% during the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after purchasing an additional 41 shares during the period. Financial Management Professionals Inc. boosted its stake in shares of T-Mobile US by 15.6% during the first quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock valued at $81,000 after purchasing an additional 41 shares during the period. Finally, Continuum Advisory LLC boosted its stake in shares of T-Mobile US by 0.7% during the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock valued at $1,340,000 after purchasing an additional 43 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

TMUS opened at $235.25 on Friday. T-Mobile US, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49. 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 market cap of $267.11 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. The firm's 50-day moving average price is $240.00 and its 200-day moving average price is $242.80.

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

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.50%. T-Mobile US's dividend payout ratio (DPR) is currently 34.34%.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $230.16, for a total value of $16,074,374.40. Following the sale, the director now owns 588,274,099 shares in the company, valued at $135,397,166,625.84. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 419,040 shares of company stock worth $94,880,434 over the last 90 days. 0.37% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent analyst reports. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research note on Friday, March 14th. Tigress Financial lifted their price objective on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Benchmark restated a "buy" rating and issued a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Finally, Royal Bank Of Canada lifted their price objective on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $257.68.

T-Mobile US 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.

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