BW Gestao de Investimentos Ltda. Lowers Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

BW Gestao de Investimentos Ltda. lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 81.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,278 shares of the Wireless communications provider's stock after selling 50,000 shares during the period. BW Gestao de Investimentos Ltda.'s holdings in T-Mobile US were worth $2,489,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. raised its stake in shares of T-Mobile US by 4.9% during the fourth quarter. Baird Financial Group Inc. now owns 146,750 shares of the Wireless communications provider's stock valued at $32,392,000 after acquiring an additional 6,839 shares in the last quarter. Baker Avenue Asset Management LP bought a new stake in T-Mobile US during the 4th quarter valued at $2,987,000. Benjamin Edwards Inc. lifted its holdings in shares of T-Mobile US by 1.9% in the 4th quarter. Benjamin Edwards Inc. now owns 168,907 shares of the Wireless communications provider's stock worth $37,285,000 after buying an additional 3,118 shares during the period. BNP Paribas grew its position in shares of T-Mobile US by 1.9% during the 4th quarter. BNP Paribas now owns 107,500 shares of the Wireless communications provider's stock worth $24,069,000 after buying an additional 2,011 shares in the last quarter. Finally, Ancora Advisors LLC increased its stake in shares of T-Mobile US by 16.6% during the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after buying an additional 37 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS traded up $5.50 during mid-day trading on Tuesday, hitting $253.80. The stock had a trading volume of 2,897,730 shares, compared to its average volume of 4,228,548. The firm has a market cap of $288.18 billion, a PE ratio of 26.25, a PEG ratio of 1.55 and a beta of 0.69. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a 50 day moving average of $257.61 and a two-hundred day moving average of $242.16. T-Mobile US, Inc. has a twelve month low of $161.61 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The company's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period last year, the business posted $2.00 earnings per share. Research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.39%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 34.34%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Wells Fargo & Company reiterated an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Bank of America lifted their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Tigress Financial upped their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Royal Bank of Canada lifted their price target on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Finally, Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $257.68.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.67% of the company's stock.

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.