T-Mobile US, Inc. $TMUS Holdings Cut by Aptus Capital Advisors LLC

Key Points

• Aptus Capital Advisors LLC has reduced its stake in T-Mobile US, Inc. by 5.9%, holding 92,909 shares valued at approximately $24.78 million after selling 5,841 shares in the first quarter.
• T-Mobile reported a net margin of 14.53% and a revenue of $21.13 billion for the most recent quarter, surpassing analysts' expectations and indicating a 6.9% year-over-year revenue growth.
• The company declared a quarterly dividend of $0.88 per share, scheduled for payment on September 11th, representing an annualized yield of 1.4%.

Aptus Capital Advisors LLC decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 92,909 shares of the Wireless communications provider's stock after selling 5,841 shares during the quarter. Aptus Capital Advisors LLC's holdings in T-Mobile US were worth $24,780,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TMUS. Capital International Inc. CA increased its stake in shares of T-Mobile US by 14.2% during the 4th quarter. Capital International Inc. CA now owns 10,934 shares of the Wireless communications provider's stock worth $2,413,000 after purchasing an additional 1,360 shares during the last quarter. MetLife Investment Management LLC grew its stake in T-Mobile US by 1.2% in the 4th quarter. MetLife Investment Management LLC now owns 128,855 shares of the Wireless communications provider's stock valued at $28,442,000 after buying an additional 1,536 shares during the last quarter. Natixis acquired a new position in T-Mobile US in the 4th quarter valued at $8,063,000. Mirabella Financial Services LLP acquired a new position in T-Mobile US in the 4th quarter valued at $2,419,000. Finally, Transce3nd LLC acquired a new position in T-Mobile US in the 4th quarter valued at $142,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $254.63 on Monday. The company has a market capitalization of $286.57 billion, a price-to-earnings ratio of 24.02, a PEG 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. The company has a 50-day simple moving average of $235.58 and a 200 day simple moving average of $247.42. T-Mobile US, Inc. has a 52 week low of $192.61 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company had revenue of $21.13 billion during the quarter, compared to analysts' expectations of $20.99 billion. During the same period in the prior year, the company posted $2.49 earnings per share. T-Mobile US's revenue for the quarter was up 6.9% compared to the same quarter last year. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm 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 $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 29th. T-Mobile US's payout ratio is presently 33.21%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TMUS. Bank of America started coverage on shares of T-Mobile US in a research note on Monday, July 7th. They issued a "neutral" rating and a $255.00 target price on the stock. Redburn Atlantic raised shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price for the company in a research note on Monday, July 7th. Morgan Stanley boosted their target price on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, KeyCorp reissued an "underweight" rating and set a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US presently 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, insider Callie R. Field sold 12,300 shares of the company's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $240.80, for a total transaction of $2,961,840.00. Following the transaction, the insider owned 110,891 shares in the company, valued at approximately $26,702,552.80. This represents a 9.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $250.87, for a total transaction of $17,520,760.80. Following the completion of the sale, the director directly owned 636,271,724 shares of the company's stock, valued at $159,621,487,399.88. This represents a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,974,370 shares of company stock valued at $462,526,830. Company insiders own 0.37% of the company's stock.

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.

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