T-Mobile US, Inc. (NASDAQ:TMUS) is Act Two Investors LLC’s 4th Largest Position

Act Two Investors LLC lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.5% in the fourth quarter, HoldingsChannel reports. The firm owned 206,544 shares of the Wireless communications provider’s stock after acquiring an additional 14,446 shares during the period. T-Mobile US makes up about 7.2% of Act Two Investors LLC’s portfolio, making the stock its 4th biggest holding. Act Two Investors LLC’s holdings in T-Mobile US were worth $33,115,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Financial Counselors Inc. acquired a new stake in T-Mobile US during the third quarter worth approximately $218,000. Pacer Advisors Inc. boosted its position in T-Mobile US by 31.4% during the fourth quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock worth $17,261,000 after acquiring an additional 25,700 shares during the last quarter. Caprock Group LLC boosted its position in T-Mobile US by 105.8% during the fourth quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after acquiring an additional 11,854 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in T-Mobile US by 41.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after acquiring an additional 4,777 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in T-Mobile US by 136.8% during the fourth quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock worth $10,096,000 after acquiring an additional 36,374 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TMUS. Oppenheimer restated an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. TD Cowen decreased their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a report on Friday, April 26th. KeyCorp lifted their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Royal Bank of Canada lifted their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Tigress Financial lifted their price target on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $186.33.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction on Monday, February 26th. The shares were sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the sale, the director now owns 686,227,541 shares of the company’s stock, valued at approximately $112,438,382,592.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction on Monday, February 26th. The shares were sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the sale, the director now owns 686,227,541 shares of the company’s stock, valued at approximately $112,438,382,592.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $163.71, for a total transaction of $3,274,200.00. Following the completion of the sale, the chief executive officer now directly owns 476,036 shares of the company’s stock, valued at approximately $77,931,853.56. The disclosure for this sale can be found here. Insiders have sold 6,829,770 shares of company stock valued at $1,112,065,505 in the last quarter. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.6 %

Shares of NASDAQ:TMUS traded up $1.03 during midday trading on Friday, hitting $166.00. 3,722,101 shares of the company’s stock traded hands, compared to its average volume of 4,302,309. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The company has a market cap of $194.53 billion, a PE ratio of 22.59, a P/E/G ratio of 0.64 and a beta of 0.48. The firm’s fifty day moving average price is $162.60 and its two-hundred day moving average price is $160.11. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same quarter in the previous year, the business posted $1.58 EPS. The business’s quarterly revenue was down .2% on a year-over-year basis. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 9.02 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors 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 yield of 1.57%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

T-Mobile US Company Profile

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.