Kepler Cheuvreux Suisse SA Lowers Position in T-Mobile US, Inc. $TMUS

Kepler Cheuvreux Suisse SA decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 31,963 shares of the Wireless communications provider’s stock after selling 6,129 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in T-Mobile US were worth $6,713,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. JDM Financial Group LLC boosted its holdings in shares of T-Mobile US by 114.0% in the 4th 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 last quarter. Swiss RE Ltd. acquired a new stake in shares of T-Mobile US during the 4th quarter worth $29,000. Turning Point Benefit Group Inc. raised its position in shares of T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after buying an additional 153 shares during the period. Acumen Wealth Advisors LLC purchased a new position in shares of T-Mobile US in the 4th quarter worth $36,000. Finally, United Community Bank boosted its holdings in T-Mobile US by 78.8% in the fourth quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock valued at $38,000 after acquiring an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity

In other news, insider Andre Almeida purchased 5,097 shares of the stock in a transaction dated Friday, May 1st. The stock was acquired at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the sale, the insider owned 181,930 shares in the company, valued at approximately $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TMUS shares. KeyCorp upgraded T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective on the stock in a report on Monday, April 13th. Barclays reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Wall Street Zen upgraded shares of T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Citigroup lifted their price target on shares of T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Finally, Arete Research boosted their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus target price of $260.27.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $177.52 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The company has a fifty day simple moving average of $186.09 and a 200 day simple moving average of $197.08. The firm has a market cap of $192.11 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. T-Mobile US, Inc. has a 12-month low of $165.66 and a 12-month high of $261.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 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 firm earned $2.58 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, equities research analysts anticipate 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. Shareholders of record on Friday, August 28th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

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.