Landscape Capital Management L.L.C. Sells 21,556 Shares of T-Mobile US, Inc. $TMUS

Landscape Capital Management L.L.C. cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 70.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,243 shares of the Wireless communications provider’s stock after selling 21,556 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in T-Mobile US were worth $1,877,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. CYBER HORNET ETFs LLC lifted its position in T-Mobile US by 3.8% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock worth $316,000 after buying an additional 48 shares in the last quarter. MJP Associates Inc. ADV lifted its position in T-Mobile US by 2.7% during the 3rd quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock worth $452,000 after buying an additional 49 shares in the last quarter. Tevis Investment Management lifted its position in T-Mobile US by 3.0% during the 3rd quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock worth $404,000 after buying an additional 49 shares in the last quarter. Meeder Asset Management Inc. lifted its stake in T-Mobile US by 16.2% in the fourth quarter. Meeder Asset Management Inc. now owns 351 shares of the Wireless communications provider’s stock valued at $71,000 after acquiring an additional 49 shares during the last quarter. Finally, Meiji Yasuda Life Insurance Co grew its position in shares of T-Mobile US by 0.6% in the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 8,094 shares of the Wireless communications provider’s stock valued at $1,938,000 after acquiring an additional 50 shares during the period. 42.49% of the stock is owned by institutional investors.

Insider Buying and Selling at T-Mobile US

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

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent analyst reports. DZ Bank restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, May 6th. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of T-Mobile US in a report on Friday, April 10th. KeyCorp raised shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a report on Monday, April 13th. Finally, Moffett Nathanson raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 target price on the stock in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $260.48.

T-Mobile US Stock Down 0.1%

T-Mobile US stock opened at $188.86 on Tuesday. The stock has a market cap of $204.38 billion, a P/E ratio of 20.09, a P/E/G ratio of 1.10 and a beta of 0.31. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The company’s 50-day moving average price is $190.75 and its two-hundred day moving average price is $199.51.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.58 EPS. As a group, analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 29th were issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, May 29th. T-Mobile US’s dividend payout ratio is currently 43.40%.

T-Mobile US Company 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.