Yousif Capital Management LLC Sells 4,662 Shares of T-Mobile US, Inc. $TMUS

Yousif Capital Management LLC cut its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,281 shares of the Wireless communications provider’s stock after selling 4,662 shares during the quarter. Yousif Capital Management LLC’s holdings in T-Mobile US were worth $15,077,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Hohimer Wealth Management LLC increased its holdings in T-Mobile US by 2.3% during the first quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock worth $480,000 after buying an additional 41 shares during the last quarter. Journey Strategic Wealth LLC increased its holdings in T-Mobile US by 4.2% during the first quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock worth $273,000 after buying an additional 41 shares during the last quarter. Angeles Wealth Management LLC increased its holdings in T-Mobile US by 1.2% during the first quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock worth $888,000 after buying an additional 41 shares during the last quarter. Weaver Capital Management LLC increased its holdings in T-Mobile US by 0.6% during the second quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after buying an additional 42 shares during the last quarter. Finally, Bank of Stockton increased its stake in shares of T-Mobile US by 1.2% in the second quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock worth $906,000 after purchasing an additional 44 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

TMUS stock opened at $228.79 on Monday. The firm has a 50 day moving average of $243.36 and a 200-day moving average of $242.71. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 12 month low of $208.39 and a 12 month high of $276.49. The firm has a market capitalization of $257.48 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the business earned $2.49 earnings per share. T-Mobile US’s revenue was up 6.9% compared to the same quarter last year. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase 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 38.49%.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $238.61, for a total transaction 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. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 2,359,321 shares of company stock valued at $570,950,708 in the last three months. 0.37% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

TMUS has been the subject of several recent research reports. Rothschild & Co Redburn upgraded shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 target price for the company in a research note on Monday, July 7th. Royal Bank Of Canada lifted their target price 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. Deutsche Bank Aktiengesellschaft lifted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Moffett Nathanson lifted their target price on shares of T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Finally, Raymond James Financial upgraded shares of T-Mobile US to a “hold” rating in a research note on Wednesday, October 1st. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $265.13.

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.