WINTON GROUP Ltd Has $1.91 Million Holdings in T-Mobile US, Inc. $TMUS

WINTON GROUP Ltd decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 86.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,366 shares of the Wireless communications provider’s stock after selling 73,457 shares during the quarter. WINTON GROUP Ltd’s holdings in T-Mobile US were worth $1,906,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. California State Teachers Retirement System raised its stake in T-Mobile US by 16,067.4% during the second quarter. California State Teachers Retirement System now owns 126,953,998 shares of the Wireless communications provider’s stock worth $21,293,994,000 after buying an additional 126,168,750 shares during the last quarter. BlackRock Inc. bought a new stake in T-Mobile US during the second quarter valued at $6,625,275,000. Price T Rowe Associates Inc. MD boosted its position in T-Mobile US by 30.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,795,065 shares of the Wireless communications provider’s stock valued at $5,643,511,000 after acquiring an additional 6,516,968 shares during the last quarter. State Street Corp grew its holdings in T-Mobile US by 4.3% during the 4th quarter. State Street Corp now owns 25,281,709 shares of the Wireless communications provider’s stock worth $5,133,198,000 after acquiring an additional 1,047,624 shares during the period. Finally, Capital International Investors grew its holdings in T-Mobile US by 8.2% during the 4th quarter. Capital International Investors now owns 14,847,697 shares of the Wireless communications provider’s stock worth $3,014,754,000 after acquiring an additional 1,121,409 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on TMUS shares. Wells Fargo & Company dropped their price objective on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Friday, July 24th. TD Cowen lowered their target price on T-Mobile US from $261.00 to $260.00 and set a “buy” rating for the company in a report on Friday, July 24th. Barclays dropped their price target on T-Mobile US from $230.00 to $215.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Benchmark cut their price target on T-Mobile US from $295.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.08.

View Our Latest Report on T-Mobile US

T-Mobile US Trading Up 2.9%

NASDAQ TMUS opened at $182.33 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48. The business has a fifty day simple moving average of $181.92 and a 200 day simple moving average of $191.22. T-Mobile US, Inc. has a 12 month low of $165.66 and a 12 month high of $244.24. The firm has a market capitalization of $195.58 billion, a P/E ratio of 19.09, a PEG ratio of 1.14 and a beta of 0.34.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to the consensus estimate of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.84 EPS. On average, analysts predict that T-Mobile US, Inc. will post 10.82 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 28th were given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, August 28th. T-Mobile US’s dividend payout ratio is presently 42.72%.

About T-Mobile US

(Free Report)

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States. Its offerings include postpaid and prepaid wireless plans, connected devices, smartphones, accessories and related communications services.

The company operates its consumer business primarily under the T-Mobile and Metro by T-Mobile brands. It also provides fixed wireless broadband, which uses its wireless network to deliver internet access to homes and businesses, as well as specialized connectivity services for connected devices and other applications.

T-Mobile US operates a nationwide wireless network, including a broad 5G network, and serves customers throughout the United States, including Puerto Rico and the U.S.

See Also

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

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