WINTON GROUP Ltd Sells 73,457 Shares of T-Mobile US, Inc. $TMUS

WINTON GROUP Ltd cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 86.6% in the 2nd quarter, HoldingsChannel reports. The firm 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 filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in TMUS. Lansforsakringar Fondforvaltning AB publ grew its holdings in T-Mobile US by 14.6% during the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 187,373 shares of the Wireless communications provider’s stock valued at $39,354,000 after purchasing an additional 23,836 shares during the period. First National Bank of Mount Dora Trust Investment Services lifted its position in shares of T-Mobile US by 34.8% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 59,958 shares of the Wireless communications provider’s stock valued at $12,593,000 after buying an additional 15,495 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of T-Mobile US by 16.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 98,469 shares of the Wireless communications provider’s stock worth $20,010,000 after acquiring an additional 14,110 shares during the period. Los Angeles Capital Management LLC increased its holdings in T-Mobile US by 32.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 296,083 shares of the Wireless communications provider’s stock worth $62,370,000 after acquiring an additional 72,922 shares during the last quarter. Finally, Liontrust Investment Partners LLP raised its stake in T-Mobile US by 46.0% in the 1st quarter. Liontrust Investment Partners LLP now owns 57,402 shares of the Wireless communications provider’s stock valued at $12,056,000 after acquiring an additional 18,075 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Up 2.9%

TMUS opened at $182.33 on Friday. The business’s fifty day simple moving average is $181.92 and its 200 day simple moving average is $191.22. T-Mobile US, Inc. has a 52 week low of $165.66 and a 52 week high of $244.24. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. The stock has a market cap of $195.58 billion, a PE ratio of 19.09, a P/E/G ratio of 1.14 and a beta of 0.34.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.40. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The firm had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. During the same quarter in the previous year, the company posted $2.84 earnings per share. The company’s revenue was up 7.9% compared to the same quarter last year. As a group, research analysts expect that T-Mobile US, Inc. will post 10.82 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TMUS shares. KeyCorp reduced their target price on shares of T-Mobile US from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. UBS Group reduced their price objective on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Wolfe Research reissued a “peer perform” rating on shares of T-Mobile US in a report on Friday, August 14th. Barclays dropped their target price on T-Mobile US from $230.00 to $215.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Finally, Weiss Ratings lowered T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $252.08.

About T-Mobile US

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.