T-Mobile US, Inc. $TMUS is Lecap Asset Management Ltd.’s 2nd Largest Position

Lecap Asset Management Ltd. boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 327.5% in the second quarter, HoldingsChannel.com reports. The fund owned 12,342 shares of the Wireless communications provider’s stock after purchasing an additional 9,455 shares during the period. T-Mobile US accounts for 1.0% of Lecap Asset Management Ltd.’s holdings, making the stock its 2nd largest position. Lecap Asset Management Ltd.’s holdings in T-Mobile US were worth $2,941,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TMUS. Activest Wealth Management boosted its holdings in T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 94 shares during the period. Godsey & Gibb Inc. boosted its holdings in T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 60 shares during the period. Missouri Trust & Investment Co boosted its holdings in T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares during the period. Stone House Investment Management LLC purchased a new position in T-Mobile US during the 1st quarter valued at about $29,000. Finally, TCTC Holdings LLC boosted its holdings in T-Mobile US by 208.1% during the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after acquiring an additional 77 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $233.26 on Thursday. The stock’s 50-day simple moving average is $245.18 and its 200-day simple moving average is $244.51. The firm has a market capitalization of $262.52 billion, a PE ratio of 22.01, a price-to-earnings-growth ratio of 1.31 and a beta of 0.59. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. T-Mobile US, Inc. has a fifty-two week low of $205.39 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the business posted $2.49 EPS. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is presently 33.21%.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 64,415 shares of T-Mobile US stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $238.11, for a total value of $15,337,855.65. Following the sale, the director directly owned 634,177,066 shares in the company, valued at $151,003,901,185.26. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 2,520,207 shares of company stock valued at $608,126,659 in the last quarter. 0.37% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of analyst reports. KeyCorp reaffirmed an “underweight” rating and issued a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. The Goldman Sachs Group initiated coverage on T-Mobile US in a research report on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 price target on the stock. Bank of America initiated coverage on T-Mobile US in a research report on Monday, July 7th. They issued a “neutral” rating and a $255.00 price target on the stock. Rothschild & Co Redburn raised T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target on the stock in a research report on Monday, July 7th. Finally, Redburn Atlantic raised T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price target on the stock in a research report on Monday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $262.26.

T-Mobile US 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.