Campbell & CO Investment Adviser LLC Grows Stock Position in T-Mobile US, Inc. $TMUS

Campbell & CO Investment Adviser LLC increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1,426.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,596 shares of the Wireless communications provider’s stock after purchasing an additional 21,116 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in T-Mobile US were worth $5,384,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in TMUS. Wellington Management Group LLP boosted its stake in T-Mobile US by 1.7% during the 1st quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider’s stock worth $3,426,407,000 after purchasing an additional 214,224 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in shares of T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock worth $1,837,399,000 after buying an additional 864,030 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of T-Mobile US by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider’s stock worth $1,112,886,000 after buying an additional 844,932 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in T-Mobile US by 4.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,050,797 shares of the Wireless communications provider’s stock worth $1,080,388,000 after acquiring an additional 169,562 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in T-Mobile US by 2.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,295,432 shares of the Wireless communications provider’s stock valued at $878,925,000 after acquiring an additional 65,394 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of research reports. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a research note on Tuesday, October 28th. BNP Paribas Exane increased their price target on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Zacks Research lowered T-Mobile US from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Raymond James Financial upgraded T-Mobile US to a “hold” rating in a report on Wednesday, October 1st. Finally, TD Cowen reduced their price target on T-Mobile US from $291.00 to $263.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus price target of $266.63.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $207.00 on Friday. T-Mobile US, Inc. has a 52 week low of $199.41 and a 52 week high of $276.49. The business’s fifty day simple moving average is $230.49 and its 200-day simple moving average is $237.05. The firm has a market cap of $231.53 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the company earned $2.61 EPS. Equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The business also recently declared 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 positive change from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. T-Mobile US’s payout ratio is presently 39.23%.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $250.87, for a total transaction of $17,520,760.80. Following the completion of the transaction, the director owned 636,271,724 shares of the company’s stock, valued at approximately $159,621,487,399.88. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 2,113,221 shares of company stock valued at $506,386,034. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Company 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.