T-Mobile US, Inc. (NASDAQ:TMUS) is Hi Line Capital Management LLC's 6th Largest Position

Hi Line Capital Management LLC reduced its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 8.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82,722 shares of the Wireless communications provider's stock after selling 7,745 shares during the period. T-Mobile US comprises about 5.1% of Hi Line Capital Management LLC's investment portfolio, making the stock its 6th biggest position. Hi Line Capital Management LLC's holdings in T-Mobile US were worth $13,263,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Valley National Advisers Inc. raised its holdings in T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 123 shares during the period. BluePath Capital Management LLC acquired a new position in shares of T-Mobile US in the third quarter valued at approximately $26,000. Baker Avenue Asset Management LP raised its holdings in shares of T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider's stock worth $29,000 after acquiring an additional 81 shares during the period. Bay Harbor Wealth Management LLC bought a new position in T-Mobile US during the 4th quarter worth about $34,000. Finally, Raleigh Capital Management Inc. boosted its position in shares of T-Mobile US by 54.5% during the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider's stock worth $36,000 after buying an additional 90 shares during the period. 42.49% of the stock is owned by institutional investors.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $163.21, for a total value of $30,956,040.70. Following the completion of the transaction, the director now owns 676,589,681 shares in the company, valued at $110,426,201,836.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $163.21, for a total value of $30,956,040.70. Following the completion of the transaction, the director now directly owns 676,589,681 shares in the company, valued at $110,426,201,836.01. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO G Michael Sievert sold 40,000 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $161.05, for a total value of $6,442,000.00. Following the sale, the chief executive officer now owns 496,036 shares of the company's stock, valued at $79,886,597.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,726,827 shares of company stock worth $1,093,226,640. 0.70% of the stock is owned by company insiders.

T-Mobile US Trading Up 1.1 %

Shares of NASDAQ:TMUS traded up $1.85 during trading on Thursday, reaching $164.68. The stock had a trading volume of 4,757,929 shares, compared to its average volume of 4,572,741. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The stock has a market cap of $192.98 billion, a price-to-earnings ratio of 22.41, a P/E/G ratio of 0.64 and a beta of 0.48. The firm's fifty day moving average is $162.59 and its 200 day moving average is $158.37. T-Mobile US, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same period in the prior year, the firm earned $1.58 earnings per share. T-Mobile US's revenue was down .2% on a year-over-year basis. As a group, equities analysts forecast that T-Mobile US, Inc. will post 9.01 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US's payout ratio is 35.37%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TMUS shares. Wells Fargo & Company raised their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an "overweight" rating in a research note on Monday, January 22nd. Royal Bank of Canada increased their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the company an "outperform" rating in a research note on Friday, April 26th. Tigress Financial upped their price target on shares of T-Mobile US from $204.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, February 8th. Benchmark reissued a "buy" rating and set a $200.00 target price on shares of T-Mobile US in a report on Friday, January 26th. Finally, Morgan Stanley raised their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an "overweight" rating in a research report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $186.33.

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.