T-Mobile US, Inc. $TMUS Shares Acquired by CW Advisors LLC

Key Points

• CW Advisors LLC increased its holdings in T-Mobile US, Inc. by 31.9% in the first quarter, owning a total of 11,947 shares valued at approximately $3.17 million.
• Insider transactions included CEO G Michael Sievert selling 22,500 shares at an average price of $255.58, which marked a 5.90% decrease in his position.
• T-Mobile US recently declared a quarterly dividend of $0.88 per share, with an annualized yield of 1.4%, to be paid to shareholders on September 11th.

CW Advisors LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 31.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,947 shares of the Wireless communications provider's stock after purchasing an additional 2,892 shares during the period. CW Advisors LLC's holdings in T-Mobile US were worth $3,170,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP grew its holdings in shares of T-Mobile US by 1.7% during the first quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider's stock worth $3,426,407,000 after buying an additional 214,224 shares during the last quarter. Northern Trust Corp grew its holdings in shares of T-Mobile US by 13.8% during the fourth quarter. Northern Trust Corp now owns 5,325,541 shares of the Wireless communications provider's stock worth $1,175,507,000 after buying an additional 645,892 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of T-Mobile US by 25.4% during the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider's stock worth $1,112,886,000 after buying an additional 844,932 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of T-Mobile US by 12.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,881,235 shares of the Wireless communications provider's stock worth $856,705,000 after buying an additional 423,993 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of T-Mobile US by 38.8% during the fourth quarter. Deutsche Bank AG now owns 3,465,534 shares of the Wireless communications provider's stock worth $764,947,000 after buying an additional 968,444 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 news, insider Michael J. Katz sold 2,500 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $251.12, for a total transaction of $627,800.00. Following the sale, the insider owned 158,703 shares of the company's stock, valued at $39,853,497.36. The trade was a 1.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO G Michael Sievert sold 22,500 shares of the business's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $255.58, for a total value of $5,750,550.00. Following the sale, the chief executive officer directly owned 358,722 shares in the company, valued at $91,682,168.76. This trade represents a 5.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,139,050 shares of company stock valued at $504,895,827 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $251.95 on Friday. The business's 50 day simple moving average is $237.98 and its 200-day simple moving average is $248.01. The firm has a market capitalization of $283.55 billion, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 1.38 and a beta of 0.62. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a 12 month low of $192.61 and a 12 month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping the consensus estimate of $2.69 by $0.15. The business had revenue of $21.13 billion for the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.49 EPS. As a group, equities 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 company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid 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 1.4%. T-Mobile US's payout ratio is 33.21%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price target on T-Mobile US from $270.00 to $280.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. KeyCorp reissued an "underweight" rating and set a $200.00 price target on shares of T-Mobile US in a report on Wednesday, July 9th. Bank of America assumed coverage on T-Mobile US in a research report on Monday, July 7th. They set a "neutral" rating and a $255.00 target price on the stock. Royal Bank Of Canada increased their target price on T-Mobile US from $265.00 to $270.00 and gave the stock a "sector perform" rating in a research note on Friday, July 25th. Finally, Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 target price for the company in a research note on Monday, July 7th. Three analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and an average target price of $256.31.

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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