T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by DSG Capital Advisors LLC

DSG Capital Advisors LLC trimmed its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 77.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,281 shares of the Wireless communications provider's stock after selling 14,827 shares during the period. DSG Capital Advisors LLC's holdings in T-Mobile US were worth $1,142,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in TMUS. Koshinski Asset Management Inc. lifted its stake in T-Mobile US by 5.5% during the first quarter. Koshinski Asset Management Inc. now owns 3,482 shares of the Wireless communications provider's stock worth $929,000 after purchasing an additional 183 shares in the last quarter. J.Safra Asset Management Corp raised its holdings in shares of T-Mobile US by 121.6% in the 1st quarter. J.Safra Asset Management Corp now owns 4,344 shares of the Wireless communications provider's stock valued at $1,159,000 after buying an additional 2,384 shares during the period. Intelligence Driven Advisers LLC acquired a new position in T-Mobile US during the 1st quarter worth about $213,000. MorganRosel Wealth Management LLC acquired a new position in T-Mobile US during the 1st quarter worth about $140,000. Finally, Canandaigua National Bank & Trust Co. boosted its holdings in T-Mobile US by 3.4% during the 1st quarter. Canandaigua National Bank & Trust Co. now owns 6,778 shares of the Wireless communications provider's stock valued at $1,808,000 after acquiring an additional 226 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of recent research reports. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Benchmark reaffirmed a "buy" rating and set a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Royal Bank Of Canada raised their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research report on Friday, March 21st. Finally, JPMorgan Chase & Co. upped their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $257.68.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $237.61, for a total value of $16,594,682.40. Following the completion of the sale, the director directly owned 647,940,204 shares of the company's stock, valued at $153,957,071,872.44. This represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 558,720 shares of company stock worth $127,841,422 in the last 90 days. 0.37% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $238.26 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. T-Mobile US, Inc. has a 52 week low of $173.74 and a 52 week high of $276.49. The firm's 50 day moving average is $239.70 and its two-hundred day moving average is $242.97. The firm has a market capitalization of $270.53 billion, a P/E ratio of 23.24, a P/E/G ratio of 1.30 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating analysts' consensus estimates 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 period last year, the firm posted $2.00 EPS. The company's revenue was up 6.6% on a year-over-year basis. Research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS 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 issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.48%. The ex-dividend date is Friday, August 29th. T-Mobile US's payout ratio is 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.

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