ANTIPODES PARTNERS Ltd decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) by 76.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 871,211 shares of the Wireless communications provider’s stock after selling 2,814,738 shares during the quarter. T-Mobile US accounts for approximately 4.0% of ANTIPODES PARTNERS Ltd’s investment portfolio, making the stock its 9th largest position. ANTIPODES PARTNERS Ltd owned 0.07% of T-Mobile US worth $111,819,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of TMUS. Norges Bank acquired a new position in shares of T-Mobile US in the fourth quarter valued at approximately $2,708,912,000. Dodge & Cox increased its position in T-Mobile US by 29.0% during the 4th quarter. Dodge & Cox now owns 16,463,259 shares of the Wireless communications provider’s stock valued at $1,909,409,000 after purchasing an additional 3,701,674 shares during the period. Invesco Ltd. increased its position in T-Mobile US by 111.9% during the 4th quarter. Invesco Ltd. now owns 4,352,909 shares of the Wireless communications provider’s stock valued at $504,849,000 after purchasing an additional 2,299,016 shares during the period. American Century Companies Inc. increased its position in T-Mobile US by 6,950.9% during the 4th quarter. American Century Companies Inc. now owns 1,754,257 shares of the Wireless communications provider’s stock valued at $203,459,000 after purchasing an additional 1,729,377 shares during the period. Finally, Laurion Capital Management LP increased its position in T-Mobile US by 178.7% during the 4th quarter. Laurion Capital Management LP now owns 2,300,329 shares of the Wireless communications provider’s stock valued at $266,792,000 after purchasing an additional 1,475,076 shares during the period. 45.24% of the stock is owned by hedge funds and other institutional investors.
In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $121.99, for a total transaction of $2,439,800.00. Following the completion of the sale, the chief executive officer now directly owns 674,472 shares of the company’s stock, valued at approximately $82,278,839.28. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.68% of the company’s stock.
Shares of NASDAQ:TMUS opened at $136.81 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.69 and a debt-to-equity ratio of 1.06. The stock’s fifty day simple moving average is $130.12 and its two-hundred day simple moving average is $124.38. T-Mobile US, Inc. has a 1-year low of $101.51 and a 1-year high of $150.20. The stock has a market cap of $170.92 billion, a PE ratio of 61.08, a price-to-earnings-growth ratio of 1.62 and a beta of 0.51.
T-Mobile US (NASDAQ:TMUS – Get Rating) last announced its earnings results on Wednesday, April 27th. The Wireless communications provider reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.16. T-Mobile US had a return on equity of 5.46% and a net margin of 3.49%. The firm had revenue of $20.12 billion during the quarter, compared to analyst estimates of $20.14 billion. During the same period last year, the firm posted $0.92 EPS. The business’s revenue was up 1.8% compared to the same quarter last year. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 2.95 earnings per share for the current fiscal year.
T-Mobile US Profile (Get Rating)
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.
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