T-Mobile US, Inc. $TMUS Shares Sold by National Pension Service

National Pension Service lowered its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,166,254 shares of the Wireless communications provider’s stock after selling 39,426 shares during the period. National Pension Service’s holdings in T-Mobile US were worth $277,872,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Activest Wealth Management grew its stake in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 94 shares in the last quarter. Missouri Trust & Investment Co raised its stake in 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 in the last quarter. Stone House Investment Management LLC bought a new position in T-Mobile US during the 1st quarter worth approximately $29,000. Aspect Partners LLC grew its position in shares of T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 65 shares in the last quarter. Finally, TCTC Holdings LLC grew its position in shares of T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after acquiring an additional 77 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TMUS shares. Weiss Ratings reissued a “buy (b)” rating on shares of T-Mobile US in a research report on Wednesday, October 8th. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 target price for the company in a research note on Friday, October 24th. Barclays reduced their price target on shares of T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Finally, The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a research report on Tuesday, September 2nd. They set a “buy” rating and a $286.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $266.83.

T-Mobile US Stock Performance

Shares of TMUS opened at $211.98 on Wednesday. The firm has a fifty day moving average of $228.69 and a 200-day moving average of $236.35. The company has a market cap of $237.10 billion, a price-to-earnings ratio of 20.38, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57. 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, Inc. has a 1 year low of $199.41 and a 1 year high of $276.49.

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

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s dividend payout ratio is presently 39.23%.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 1,374 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total transaction of $302,912.04. Following the completion of the transaction, the director directly owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. The trade was a 0.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Srini Gopalan bought 9,800 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average price of $201.82 per share, for a total transaction of $1,977,836.00. Following the completion of the transaction, the chief executive officer owned 90,258 shares in the company, valued at $18,215,869.56. This trade represents a 12.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have sold 2,043,381 shares of company stock worth $489,095,047. 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.