Yousif Capital Management LLC Has $12.61 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Yousif Capital Management LLC lowered its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 78,649 shares of the Wireless communications provider’s stock after selling 4,539 shares during the quarter. Yousif Capital Management LLC’s holdings in T-Mobile US were worth $12,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the company. Clearbridge Investments LLC grew its position in shares of T-Mobile US by 243.9% in the third quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock valued at $409,040,000 after purchasing an additional 2,071,489 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of T-Mobile US by 90.5% in the third quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider’s stock valued at $350,983,000 after buying an additional 1,190,813 shares during the period. Third Point LLC acquired a new position in T-Mobile US during the 3rd quarter worth approximately $140,050,000. Royal Bank of Canada increased its position in T-Mobile US by 7.1% during the 3rd quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after purchasing an additional 693,443 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in T-Mobile US by 67.3% in the 3rd quarter. Principal Financial Group Inc. now owns 1,614,036 shares of the Wireless communications provider’s stock valued at $226,046,000 after acquiring an additional 649,178 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $162.58, for a total value of $30,836,548.60. Following the transaction, the director now directly owns 678,865,721 shares of the company’s stock, valued at $110,369,988,920.18. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Teresa Taylor sold 12,022 shares of the business’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the sale, the director now owns 13,014 shares in the company, valued at approximately $2,105,665.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $162.58, for a total transaction of $30,836,548.60. Following the sale, the director now owns 678,865,721 shares in the company, valued at approximately $110,369,988,920.18. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,995,889 shares of company stock valued at $972,451,611. 0.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company upped their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, January 22nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $184.00 price objective on shares of T-Mobile US in a research note on Wednesday, March 20th. KeyCorp lowered their target price on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a report on Friday, January 26th. Oppenheimer restated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, Raymond James raised their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a report on Friday, January 26th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, T-Mobile US presently has a consensus rating of “Buy” and an average target price of $185.93.

T-Mobile US Price Performance

Shares of TMUS stock traded up $1.00 during trading hours on Wednesday, reaching $164.25. The stock had a trading volume of 2,736,462 shares, compared to its average volume of 4,476,675. The stock’s fifty day simple moving average is $162.33 and its 200 day simple moving average is $156.71. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The firm has a market capitalization of $194.94 billion, a PE ratio of 23.59, a PEG ratio of 0.66 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.23). T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $20.48 billion for the quarter, compared to the consensus estimate of $19.67 billion. During the same quarter in the previous year, the firm earned $1.18 earnings per share. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, equities research analysts predict that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is presently 37.52%.

About T-Mobile US

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.