T-Mobile US, Inc. $TMUS Stock Holdings Boosted by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4,837.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,029 shares of the Wireless communications provider’s stock after acquiring an additional 124,456 shares during the quarter. T-Mobile US makes up 0.7% of Y Intercept Hong Kong Ltd’s investment portfolio, making the stock its 3rd largest position. Y Intercept Hong Kong Ltd’s holdings in T-Mobile US were worth $30,266,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TMUS. Activest Wealth Management increased its position in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 94 shares during the period. Missouri Trust & Investment Co increased its position in shares of T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 105 shares during the period. Stone House Investment Management LLC purchased a new position in shares of T-Mobile US during the first quarter valued at about $29,000. TCTC Holdings LLC increased its position in shares of T-Mobile US by 208.1% during the first 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. Finally, Tsfg LLC purchased a new position in shares of T-Mobile US during the first quarter valued at about $47,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TMUS. Morgan Stanley reduced their price target on shares of T-Mobile US from $285.00 to $280.00 in a research report on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of T-Mobile US in a research report on Friday. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price target on the stock in a research report on Friday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Finally, Moffett Nathanson boosted their price objective 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. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $268.22.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $250.87, for a total value of $17,520,760.80. Following the transaction, the director owned 636,271,724 shares in the company, valued at approximately $159,621,487,399.88. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold a total of 2,319,837 shares of company stock valued at $559,130,799 in the last 90 days. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Trading Down 1.0%

Shares of NASDAQ TMUS opened at $217.77 on Monday. The firm’s 50 day moving average price is $239.30 and its 200-day moving average price is $240.52. The company has a market cap of $243.58 billion, a PE ratio of 20.94, a P/E/G ratio of 1.48 and a beta of 0.59. T-Mobile US, Inc. has a 52-week low of $208.39 and a 52-week high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.61 earnings per share. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s payout ratio is currently 33.85%.

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.