Groupama Asset Managment Boosts Stock Holdings in T-Mobile US, Inc. $TMUS

Groupama Asset Managment lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 331,032 shares of the Wireless communications provider’s stock after buying an additional 4,714 shares during the period. T-Mobile US makes up 1.0% of Groupama Asset Managment’s portfolio, making the stock its 26th biggest position. Groupama Asset Managment’s holdings in T-Mobile US were worth $67,213,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JDM Financial Group LLC grew its holdings in T-Mobile US by 114.0% during the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Swiss RE Ltd. purchased a new position in T-Mobile US during the fourth quarter valued at $29,000. Turning Point Benefit Group Inc. increased its holdings in shares of T-Mobile US by 3,825.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares during the last quarter. Acumen Wealth Advisors LLC bought a new stake in T-Mobile US in the fourth quarter worth $36,000. Finally, United Community Bank increased its stake in T-Mobile US by 78.8% during the fourth quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 82 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Up 0.2%

TMUS opened at $181.67 on Friday. The company’s 50 day simple moving average is $189.69 and its two-hundred day simple moving average is $198.98. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The firm has a market capitalization of $196.60 billion, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of 1.06 and a beta of 0.31. T-Mobile US, Inc. has a 1-year low of $174.02 and a 1-year high of $261.56.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.58 earnings per share. Analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

Insider Activity

In related news, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction 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. This represents a 2.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Jon Freier sold 4,799 shares of the company’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 sale, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. This represents a 2.16% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TMUS. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 target price on the stock in a research note on Wednesday, April 8th. Barclays reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Friday, April 24th. Sanford C. Bernstein restated a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. UBS Group restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Finally, Citigroup raised their price target on shares of T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $260.48.

About T-Mobile US

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.