T-Mobile US, Inc. $TMUS Shares Bought by Thematics Asset Management

Thematics Asset Management lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 13.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,939 shares of the Wireless communications provider’s stock after purchasing an additional 3,405 shares during the quarter. Thematics Asset Management’s holdings in T-Mobile US were worth $6,657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Allworth Financial LP grew its holdings in shares of T-Mobile US by 14.2% in the 2nd quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock worth $1,556,000 after acquiring an additional 810 shares during the last quarter. NorthCrest Asset Manangement LLC acquired a new position in shares of T-Mobile US in the 2nd quarter valued at $284,000. Berkshire Bank increased its stake in T-Mobile US by 12.5% in the 2nd quarter. Berkshire Bank now owns 12,593 shares of the Wireless communications provider’s stock worth $3,000,000 after purchasing an additional 1,400 shares in the last quarter. Associated Banc Corp raised its holdings in T-Mobile US by 50.6% during the 2nd quarter. Associated Banc Corp now owns 25,903 shares of the Wireless communications provider’s stock worth $6,172,000 after buying an additional 8,700 shares during the period. Finally, OMERS ADMINISTRATION Corp raised its holdings in T-Mobile US by 930.5% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 195,267 shares of the Wireless communications provider’s stock worth $46,524,000 after buying an additional 176,319 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, insider Michael J. Katz sold 2,500 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $215.91, for a total value of $539,775.00. Following the completion of the sale, the insider directly owned 156,203 shares in the company, valued at approximately $33,725,789.73. This represents a 1.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director G Michael Sievert sold 22,500 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.97, for a total value of $4,881,825.00. Following the transaction, the director owned 308,696 shares in the company, valued at approximately $66,977,771.12. This trade represents a 6.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,369,981 shares of company stock worth $317,022,536 in the last 90 days. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Stock Up 0.8%

Shares of T-Mobile US stock opened at $209.63 on Monday. The firm has a market cap of $234.47 billion, a price-to-earnings ratio of 20.16, a P/E/G ratio of 1.35 and a beta of 0.44. The stock has a 50-day simple moving average of $217.33 and a 200-day simple moving average of $232.09. T-Mobile US, Inc. has a 52-week low of $199.41 and a 52-week high of $276.49. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80.

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

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be issued a dividend of $1.02 per share. The ex-dividend date is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. T-Mobile US’s dividend payout ratio (DPR) is currently 39.23%.

Analysts Set New Price Targets

Several research firms have recently weighed in on TMUS. Hsbc Global Res raised shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Daiwa Capital Markets lowered their price objective on shares of T-Mobile US from $240.00 to $230.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 28th. Scotiabank increased their target price on T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a report on Monday, October 6th. BNP Paribas Exane raised their target price on T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $266.83.

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.