T-Mobile US, Inc. (NASDAQ:TMUS) is Sustainable Insight Capital Management LLC's 7th Largest Position

Key Points

• Sustainable Insight Capital Management LLC reduced its holdings in T-Mobile US by 36.7%, owning 35,302 shares after selling 20,490 shares, while the stock now represents 4.7% of their portfolio.
• A recent earnings report showed T-Mobile US surpassed analysts' estimates with $2.84 EPS and $21.13 billion in revenue for the quarter, marking a 6.9% increase year-over-year.
• T-Mobile US announced a quarterly dividend of $0.88 per share, with an ex-dividend date set for August 29th, contributing to an annualized yield of 1.4%.

Sustainable Insight Capital Management LLC reduced its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 36.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,302 shares of the Wireless communications provider's stock after selling 20,490 shares during the period. T-Mobile US comprises 4.7% of Sustainable Insight Capital Management LLC's investment portfolio, making the stock its 7th largest holding. Sustainable Insight Capital Management LLC's holdings in T-Mobile US were worth $9,415,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. increased its stake in 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 buying an additional 60 shares during the period. TCTC Holdings LLC grew its holdings in T-Mobile US by 208.1% during the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after acquiring an additional 77 shares in the last quarter. City Holding Co. grew its holdings in T-Mobile US by 45.3% during the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 43 shares in the last quarter. Adirondack Trust Co. grew its holdings in T-Mobile US by 366.7% during the 1st quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 110 shares in the last quarter. Finally, Pinney & Scofield Inc. acquired a new position in T-Mobile US during the 4th quarter worth approximately $39,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

T-Mobile US stock traded down $1.44 during trading hours on Wednesday, reaching $250.84. 3,152,114 shares of the stock were exchanged, compared to its average volume of 4,480,692. The stock has a market cap of $282.30 billion, a P/E ratio of 23.66, a P/E/G ratio of 1.39 and a beta of 0.62. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. T-Mobile US, Inc. has a 52-week low of $192.61 and a 52-week high of $276.49. The firm's 50 day moving average is $235.30 and its 200 day moving average is $246.82.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping analysts' consensus estimates 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 quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.49 EPS. Analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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 given a dividend of $0.88 per share. 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 dividend payout ratio is presently 33.21%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Redburn Atlantic upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price target for the company in a report on Monday, July 7th. Tigress Financial upped their target price on shares of 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. upped 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. Royal Bank Of Canada upped their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a report on Friday, July 25th. Finally, Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $256.31.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director owned 647,660,844 shares in the company, valued at approximately $154,195,093,739.52. This represents a 0.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders have sold 1,904,530 shares of company stock worth $445,006,069. 0.37% of the stock is currently owned by corporate insiders.

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.