Lbp Am Sa Has $3.89 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

LBP AM SA lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 79.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,569 shares of the Wireless communications provider's stock after selling 55,059 shares during the period. LBP AM SA's holdings in T-Mobile US were worth $3,886,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. raised its position in shares of T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares during the last quarter. Rakuten Securities Inc. raised its holdings in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the fourth quarter worth $28,000. Adirondack Trust Co. raised its holdings 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, City Holding Co. raised its holdings 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 worth $37,000 after acquiring an additional 43 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $227.55, for a total transaction of $15,892,092.00. Following the transaction, the director owned 647,381,484 shares of the company's stock, valued at $147,311,656,684.20. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 907,470 shares of company stock worth $209,055,386 in the last 90 days. Corporate insiders own 0.37% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TMUS. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the company from $275.00 to $277.50 in a research report on Wednesday, April 30th. Tigress Financial boosted their price target on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Royal Bank Of Canada upped their target price on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday, March 21st. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a research note on Tuesday. Finally, KeyCorp reaffirmed an "underweight" rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus target price of $252.61.

T-Mobile US Trading Down 0.2%

NASDAQ TMUS traded down $0.39 during trading hours on Friday, hitting $227.76. The company's stock had a trading volume of 3,093,664 shares, compared to its average volume of 4,103,401. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49. The stock has a fifty day moving average of $237.87 and a 200 day moving average of $243.50. 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 firm has a market capitalization of $258.61 billion, a P/E ratio of 22.26, a PEG ratio of 1.27 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. T-Mobile US's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.00 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.55%. T-Mobile US's payout ratio is presently 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.