T-Mobile US, Inc. (NASDAQ:TMUS) is Brentview Investment Management LLC’s 10th Largest Position

Brentview Investment Management LLC decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 11.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,174 shares of the Wireless communications provider’s stock after selling 2,829 shares during the period. T-Mobile US accounts for approximately 3.0% of Brentview Investment Management LLC’s investment portfolio, making the stock its 10th largest position. Brentview Investment Management LLC’s holdings in T-Mobile US were worth $5,647,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Godsey & Gibb Inc. boosted its stake in shares of T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 60 shares during the period. TCTC Holdings LLC boosted its position in T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after buying an additional 77 shares during the period. City Holding Co. boosted its position in T-Mobile US by 45.3% in the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider’s stock valued at $37,000 after buying an additional 43 shares during the period. Adirondack Trust Co. boosted its position in T-Mobile US by 366.7% in the 1st quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider’s stock valued at $37,000 after buying an additional 110 shares during the period. Finally, Pinney & Scofield Inc. purchased a new position in T-Mobile US in the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In related news, insider Jon Freier sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,750,000.00. Following the sale, the insider owned 199,643 shares of the company’s stock, valued at $49,910,750. The trade was a 3.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $238.61, for a total value of $16,664,522.40. Following the completion of the sale, the director directly owned 646,613,244 shares in the company, valued at $154,288,386,150.84. This represents a 0.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,473,190 shares of company stock worth $340,769,943 over the last 90 days. 0.37% of the stock is owned by insiders.

T-Mobile US Stock Performance

TMUS opened at $241.58 on Thursday. The business’s 50 day moving average is $235.05 and its 200-day moving average is $244.98. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The stock has a market cap of $271.88 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 1.31 and a beta of 0.62. T-Mobile US, Inc. has a twelve month low of $176.89 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%. The firm had revenue of $21.13 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the previous year, the business earned $2.49 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.46%. T-Mobile US’s dividend payout ratio (DPR) is 33.21%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TMUS. Wall Street Zen lowered T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. KeyCorp reiterated an “underweight” rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, July 9th. Royal Bank Of Canada lifted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. Rothschild & Co Redburn raised shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective for the company in a research report on Monday, July 7th. Finally, Morgan Stanley lifted their price objective on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $256.31.

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.