Universal Beteiligungs und Servicegesellschaft mbH Reduces Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 0.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 530,084 shares of the Wireless communications provider's stock after selling 2,415 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in T-Mobile US were worth $141,379,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. PFG Advisors raised its position in T-Mobile US by 5.0% during the first quarter. PFG Advisors now owns 1,708 shares of the Wireless communications provider's stock valued at $456,000 after acquiring an additional 81 shares in the last quarter. Ignite Planners LLC lifted its stake in T-Mobile US by 18.7% in the first quarter. Ignite Planners LLC now owns 2,451 shares of the Wireless communications provider's stock worth $605,000 after acquiring an additional 386 shares during the last quarter. 1776 Wealth LLC purchased a new stake in shares of T-Mobile US during the 1st quarter worth approximately $208,000. Crestwood Advisors Group LLC boosted its holdings in shares of T-Mobile US by 79.5% in the first quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider's stock valued at $436,000 after acquiring an additional 724 shares during the period. Finally, Hazlett Burt & Watson Inc. increased its holdings in shares of T-Mobile US by 8.0% in the first quarter. Hazlett Burt & Watson Inc. now owns 1,626 shares of the Wireless communications provider's stock valued at $434,000 after purchasing an additional 120 shares during the period. Institutional investors own 42.49% of the company's stock.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of recent research reports. Rothschild & Co Redburn upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a report on Monday, July 7th. Benchmark reaffirmed a "buy" rating and set a $275.00 price objective on shares of T-Mobile US in a research report on Thursday, March 27th. KeyCorp reiterated an "underweight" rating and set a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, July 9th. Morgan Stanley raised their price target on shares of T-Mobile US from $265.00 to $280.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Finally, Bank of America assumed coverage on T-Mobile US in a research note on Monday, July 7th. They set a "neutral" rating and a $255.00 price target on the stock. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $255.12.

T-Mobile US Stock Performance

NASDAQ:TMUS traded up $0.63 during mid-day trading on Tuesday, hitting $233.25. 4,000,572 shares of the stock were exchanged, compared to its average volume of 4,100,193. The stock has a market capitalization of $264.84 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 1.29 and a beta of 0.62. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. The firm's 50-day simple moving average is $235.29 and its 200 day simple moving average is $244.04. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly 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 company had revenue of $20.89 billion for the quarter, compared to the consensus estimate 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 was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.00 EPS. As a group, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared 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. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio is presently 34.34%.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the transaction, the director directly owned 647,660,844 shares in the company, valued at $154,195,093,739.52. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 1,256,670 shares of company stock valued at $288,999,139. Company insiders own 0.37% of the company's stock.

T-Mobile US 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.