T-Mobile US, Inc. $TMUS Shares Bought by Compound Planning Inc.

Key Points

• Compound Planning Inc. increased its holdings in T-Mobile US by 151.2%, owning 15,509 shares valued at approximately $4.14 million after buying an additional 9,336 shares.
• Insider selling included CEO G. Michael Sievert, who sold 22,500 shares for over $5.75 million, resulting in a 5.90% reduction of his ownership.
• T-Mobile US declared a quarterly dividend of $0.88 per share, representing an annualized dividend of $3.52 with a yield of 1.4%.

Compound Planning Inc. boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 151.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,509 shares of the Wireless communications provider's stock after purchasing an additional 9,336 shares during the quarter. Compound Planning Inc.'s holdings in T-Mobile US were worth $4,137,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wellington Management Group LLP increased its stake in T-Mobile US by 1.7% in the first quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider's stock valued at $3,426,407,000 after purchasing an additional 214,224 shares during the last quarter. Northern Trust Corp increased its stake in 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 acquiring an additional 645,892 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in 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 acquiring an additional 844,932 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in 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 acquiring an additional 423,993 shares during the last quarter. Finally, Deutsche Bank AG increased its stake in 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 acquiring an additional 968,444 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at T-Mobile US

In other news, CEO G Michael Sievert sold 22,500 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $255.58, for a total transaction of $5,750,550.00. Following the sale, the chief executive officer directly owned 358,722 shares in the company, valued at approximately $91,682,168.76. This represents a 5.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael J. Katz sold 2,500 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $251.12, for a total value of $627,800.00. Following the sale, the insider owned 158,703 shares in the company, valued at $39,853,497.36. The trade was a 1.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,139,050 shares of company stock worth $504,895,827. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Stock Down 0.3%

Shares of T-Mobile US stock opened at $258.16 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The business's 50 day simple moving average is $237.50 and its 200-day simple moving average is $247.87. The stock has a market capitalization of $290.54 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 1.42 and a beta of 0.62. T-Mobile US, Inc. has a twelve month low of $192.61 and a twelve 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 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. The business had revenue of $21.13 billion for the quarter, compared to analysts' expectations of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The business's quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.49 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be given a dividend of $0.88 per share. 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 dividend payout ratio is presently 33.21%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TMUS. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Tigress Financial increased 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. Bank of America assumed coverage on T-Mobile US in a report on Monday, July 7th. They issued a "neutral" rating and a $255.00 price target for the company. Wall Street Zen downgraded T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, JPMorgan Chase & Co. increased their target price on T-Mobile US from $270.00 to $280.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.31.

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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