T-Mobile US, Inc. $TMUS Shares Sold by Lazard Freres Gestion S.A.S.

Lazard Freres Gestion S.A.S. lowered its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 170,514 shares of the Wireless communications provider’s stock after selling 12,614 shares during the quarter. Lazard Freres Gestion S.A.S.’s holdings in T-Mobile US were worth $34,621,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TMUS. Vanguard Group Inc. lifted its holdings in T-Mobile US by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock valued at $10,244,764,000 after purchasing an additional 636,192 shares in the last quarter. State Street Corp lifted its holdings in T-Mobile US by 4.7% in the 3rd quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock valued at $5,801,155,000 after purchasing an additional 1,092,769 shares in the last quarter. Capital International Investors lifted its holdings in T-Mobile US by 5.5% in the 3rd quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider’s stock valued at $3,285,608,000 after purchasing an additional 711,278 shares in the last quarter. Wellington Management Group LLP lifted its holdings in T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after purchasing an additional 4,335,368 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in T-Mobile US by 6.1% in the 3rd quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider’s stock valued at $1,891,845,000 after purchasing an additional 453,096 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 1.5%

Shares of TMUS opened at $193.42 on Wednesday. T-Mobile US, Inc. has a 52-week low of $181.36 and a 52-week high of $261.56. The company has a market capitalization of $209.32 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 1.13 and a beta of 0.33. The stock has a fifty day simple moving average of $200.21 and a two-hundred day simple moving average of $202.59. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same period last year, the company earned $2.58 EPS. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. As a group, equities analysts forecast that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.1%. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on TMUS shares. Royal Bank Of Canada decreased their price objective on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Morgan Stanley started coverage on T-Mobile US in a report on Thursday, April 16th. They issued an “overweight” rating and a $260.00 price objective on the stock. DZ Bank restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Finally, Wolfe Research restated an “outperform” rating and issued a $255.00 price objective on shares of T-Mobile US in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.

Insiders Place Their Bets

In related news, Director G Michael Sievert sold 1,089 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total transaction of $241,594.65. Following the completion of the sale, the director directly owned 125,696 shares of the company’s stock, valued at approximately $27,885,657.60. This trade represents a 0.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the sale, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 105,620 shares of company stock worth $22,722,802. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Company Profile

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.