Wolf Group Capital Advisors Trims Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Wolf Group Capital Advisors lessened its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 17.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,332 shares of the Wireless communications provider's stock after selling 1,302 shares during the period. Wolf Group Capital Advisors' holdings in T-Mobile US were worth $1,689,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its holdings in T-Mobile US by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock worth $2,610,542,000 after purchasing an additional 90,755 shares in the last quarter. Invesco Ltd. increased its holdings in T-Mobile US by 4.6% in the 4th quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider's stock worth $1,944,503,000 after purchasing an additional 384,956 shares in the last quarter. Norges Bank acquired a new position in T-Mobile US in the 4th quarter worth about $1,802,393,000. Capital International Investors increased its holdings in T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in T-Mobile US by 85.5% in the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock worth $1,329,919,000 after purchasing an additional 2,777,657 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent research reports. Benchmark reaffirmed a "buy" rating and issued a $275.00 target price on shares of T-Mobile US in a report on Thursday, March 27th. Royal Bank Of Canada increased their price target on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday, March 21st. JPMorgan Chase & Co. increased their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $257.68.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $228.75, for a total value of $15,975,900.00. Following the completion of the transaction, the director now directly owns 588,413,779 shares in the company, valued at approximately $134,599,651,946.25. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

T-Mobile US stock traded down $0.44 during mid-day trading on Thursday, reaching $220.99. 5,588,020 shares of the company's stock were exchanged, compared to its average volume of 4,101,384. The business's fifty day simple moving average is $244.62 and its 200 day simple moving average is $243.40. The firm has a market capitalization of $250.92 billion, a PE ratio of 21.56, a P/E/G ratio of 1.22 and a beta of 0.64. T-Mobile US, Inc. has a one year low of $173.74 and a one year high of $276.49. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The business's revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.00 earnings per share. On average, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.59%. T-Mobile US's payout ratio is presently 34.34%.

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.