13,459 Shares in T-Mobile US, Inc. $TMUS Purchased by DJE Kapital AG

DJE Kapital AG purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,459 shares of the Wireless communications provider’s stock, valued at approximately $2,858,000.

Several other institutional investors have also added to or reduced their stakes in TMUS. Lansforsakringar Fondforvaltning AB publ boosted its stake in shares of 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. Quilter Plc increased its stake in T-Mobile US by 7.8% in the 4th quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock worth $94,584,000 after buying an additional 33,813 shares during the period. Thrivent Financial for Lutherans increased its stake in T-Mobile US by 16.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 98,469 shares of the Wireless communications provider’s stock worth $20,010,000 after buying an additional 14,110 shares during the period. Los Angeles Capital Management LLC lifted its holdings in T-Mobile US by 32.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 296,083 shares of the Wireless communications provider’s stock valued at $62,370,000 after buying an additional 72,922 shares in the last quarter. Finally, Entropy Technologies LP lifted its holdings in T-Mobile US by 105.9% during the 4th quarter. Entropy Technologies LP now owns 36,117 shares of the Wireless communications provider’s stock valued at $7,333,000 after buying an additional 18,573 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity

In other news, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the sale, the chief operating officer owned 217,168 shares of the company’s stock, valued at $41,261,920. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andre Almeida bought 5,097 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the purchase, the insider owned 44,850 shares in the company, valued at $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.32% of the company’s stock.

T-Mobile US Stock Performance

TMUS stock opened at $195.64 on Tuesday. T-Mobile US, Inc. has a one year low of $165.66 and a one year high of $261.56. The firm has a market cap of $211.72 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 1.14 and a beta of 0.33. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. The firm has a 50-day simple moving average of $185.03 and a two-hundred day simple moving average of $196.15.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, topping the consensus estimate of $2.01 by $0.26. The firm had revenue of $23.11 billion during the quarter, compared to analyst estimates 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 revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.58 EPS. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.53 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is currently 43.40%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research analyst reports. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. UBS Group decreased their price target on shares of T-Mobile US from $300.00 to $255.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Barclays dropped their price objective on T-Mobile US from $245.00 to $230.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $254.56.

T-Mobile US 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.