Capital International Investors Acquires 2,094 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Capital International Investors lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 2,662,408 shares of the Wireless communications provider’s stock after buying an additional 2,094 shares during the period. Capital International Investors’ holdings in T-Mobile US were worth $434,558,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sei Investments Co. increased its position in shares of T-Mobile US by 3.1% in the 4th quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock valued at $29,574,000 after buying an additional 5,552 shares in the last quarter. GSA Capital Partners LLP acquired a new position in T-Mobile US in the 1st quarter worth $1,908,000. Pacer Advisors Inc. boosted its stake in T-Mobile US by 31.4% in the 4th quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock worth $17,261,000 after purchasing an additional 25,700 shares during the period. Caprock Group LLC boosted its stake in T-Mobile US by 105.8% in the 4th quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after purchasing an additional 11,854 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in T-Mobile US by 41.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after purchasing an additional 4,777 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 0.2 %

Shares of NASDAQ:TMUS traded up $0.39 during mid-day trading on Friday, reaching $175.53. 3,116,924 shares of the company’s stock were exchanged, compared to its average volume of 4,741,057. The firm has a market capitalization of $205.69 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 0.72 and a beta of 0.51. The business’s fifty day moving average price is $176.10 and its 200-day moving average price is $167.34. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. T-Mobile US, Inc. has a twelve month low of $131.47 and a twelve month high of $185.42.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same quarter in the previous year, the business earned $1.58 earnings per share. T-Mobile US’s revenue was down .2% compared to the same quarter last year. On average, research analysts predict that T-Mobile US, Inc. will post 8.99 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio is presently 35.37%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TMUS shares. The Goldman Sachs Group started coverage on shares of T-Mobile US in a research note on Monday, July 1st. They issued a “buy” rating and a $200.00 target price for the company. Oppenheimer reiterated an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research note on Wednesday, April 3rd. TD Cowen cut their target price on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research note on Friday, April 26th. Citigroup increased their price target on shares of T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a report on Friday, July 19th. Finally, KeyCorp increased their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, April 26th. One analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $194.07.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $165.67, for a total value of $31,422,628.90. Following the completion of the sale, the director now directly owns 677,538,031 shares of the company’s stock, valued at $112,247,725,595.77. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $165.67, for a total transaction of $31,422,628.90. Following the completion of the sale, the director now directly owns 677,538,031 shares of the company’s stock, valued at $112,247,725,595.77. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Dara Bazzano sold 4,300 shares of the business’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $179.78, for a total transaction of $773,054.00. Following the sale, the chief accounting officer now directly owns 6,202 shares of the company’s stock, valued at $1,114,995.56. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,578,798 shares of company stock valued at $777,670,357. Corporate insiders own 0.67% of the company’s stock.

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.