T-Mobile US, Inc. $TMUS Shares Sold by R Squared Ltd

R Squared Ltd decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 87.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,167 shares of the Wireless communications provider’s stock after selling 8,495 shares during the quarter. R Squared Ltd’s holdings in T-Mobile US were worth $245,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. JDM Financial Group LLC increased its position 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 worth $25,000 after buying an additional 65 shares during the period. Swiss RE Ltd. acquired a new stake in shares of T-Mobile US in the fourth quarter valued at approximately $29,000. Turning Point Benefit Group Inc. boosted 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 valued at $32,000 after acquiring an additional 153 shares during the period. Acumen Wealth Advisors LLC purchased a new position in shares of T-Mobile US during the fourth quarter worth approximately $36,000. Finally, United Community Bank grew its position in shares of 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. Institutional investors and hedge funds own 42.49% of the company’s stock.

Key T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: T-Mobile is expanding its leadership bench by hiring Chris Sambar as Chief Enterprise Officer, which could support growth in SMB, enterprise, government, and emerging businesses. T-Mobile Appoints Chris Sambar Chief Enterprise Officer and Evolves Leadership Team to Advance its Next Era of Strategic Growth and Innovation
• Positive Sentiment: T-Mobile continues to market its network strength through high-visibility events like MLB All-Star Week, reinforcing the “best network” brand. America’s Pastime Meets America’s Best Network at MLB All-Star Week in Philadelphia
• Neutral Sentiment: Several articles frame T-Mobile as a quality telecom stock with analyst support and possible valuation upside, but these are more commentary than fresh catalysts. How T-Mobile US’ Legacy Plan Migration Balances Revenue Growth Against Customer Churn Risk
• Negative Sentiment: Leadership turnover is increasing as longtime executive Mike Katz exits after 28 years, creating some execution uncertainty during a broader reshuffle. T-Mobile exec Mike Katz exits after 28 years, as carrier reshuffles top ranks and taps ex-AT&T leader
• Negative Sentiment: Wells Fargo initiated coverage with an equal weight rating and a $170 target, implying limited upside from current levels. Wells Fargo coverage and target update
• Negative Sentiment: Barclays and Morgan Stanley trimmed their price targets, suggesting analysts still see solid fundamentals but a less compelling near-term risk/reward setup. Barclays and Morgan Stanley price target updates

T-Mobile US Trading Down 2.5%

Shares of T-Mobile US stock opened at $180.14 on Thursday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. T-Mobile US, Inc. has a 1 year low of $165.66 and a 1 year high of $261.56. The company has a market capitalization of $194.95 billion, a P/E ratio of 19.16, a P/E/G ratio of 1.09 and a beta of 0.33. The business has a 50 day moving average price of $185.69 and a 200 day moving average price of $196.73.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the prior year, the firm posted $2.58 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. Sell-side analysts anticipate that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be given a $1.02 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. T-Mobile US’s dividend payout ratio is presently 43.40%.

Insider Activity

In related news, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer owned 217,168 shares in the company, valued at approximately $41,261,920. The trade was a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $979,050.00. Following the completion of the transaction, the insider directly owned 181,930 shares in the company, valued at approximately $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Oppenheimer upgraded T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price target on the stock in a research report on Wednesday, April 29th. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective for the company in a research note on Wednesday, April 8th. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. One equities research 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’s stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $255.76.

T-Mobile US Profile

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.