T-Mobile US, Inc. $TMUS Position Reduced by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas trimmed its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 53.0% during the fourth quarter, HoldingsChannel reports. The fund owned 3,200 shares of the Wireless communications provider’s stock after selling 3,612 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in T-Mobile US were worth $650,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quilter Plc raised its holdings in shares of T-Mobile US by 7.8% during the fourth quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock worth $94,584,000 after purchasing an additional 33,813 shares during the period. CI Investments Inc. raised its holdings in shares of T-Mobile US by 37.8% during the third quarter. CI Investments Inc. now owns 77,630 shares of the Wireless communications provider’s stock worth $18,583,000 after purchasing an additional 21,307 shares during the period. Swiss National Bank raised its holdings in shares of T-Mobile US by 4.6% during the third quarter. Swiss National Bank now owns 1,472,902 shares of the Wireless communications provider’s stock worth $352,583,000 after purchasing an additional 65,400 shares during the period. Xponance Inc. raised its holdings in shares of T-Mobile US by 17.7% during the third quarter. Xponance Inc. now owns 80,749 shares of the Wireless communications provider’s stock worth $19,330,000 after purchasing an additional 12,143 shares during the period. Finally, Thrivent Financial for Lutherans raised its holdings in shares of T-Mobile US by 16.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 98,469 shares of the Wireless communications provider’s stock worth $20,010,000 after purchasing an additional 14,110 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In other news, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $190.00, for a total transaction of $911,810.00. Following the completion of the transaction, the chief operating officer owned 217,168 shares in the company, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the transaction, the insider owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is owned by corporate insiders.

T-Mobile US Stock Down 2.4%

T-Mobile US stock opened at $184.36 on Wednesday. The stock has a market cap of $199.52 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.10 and a beta of 0.31. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The company’s 50-day moving average price is $190.41 and its two-hundred day moving average price is $199.36. T-Mobile US, Inc. has a 52 week low of $174.02 and a 52 week high of $261.56.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating the consensus estimate of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. T-Mobile US’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the company earned $2.58 EPS. On average, analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

Analysts Set New Price Targets

A number of brokerages have weighed in on TMUS. Scotiabank dropped their target price on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a report on Wednesday, April 29th. Arete Research increased their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a report on Tuesday, May 19th. Daiwa Securities Group raised shares of T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective on the stock in a report on Thursday, February 19th. Finally, Royal Bank Of Canada dropped their price objective on shares of T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus target price of $260.48.

Check Out Our Latest Analysis on T-Mobile US

T-Mobile US Company Profile

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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