T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by NWI Management LP

NWI Management LP cut its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 19.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 82,250 shares of the Wireless communications provider’s stock after selling 20,000 shares during the quarter. T-Mobile US makes up approximately 0.4% of NWI Management LP’s portfolio, making the stock its 19th biggest position. NWI Management LP’s holdings in T-Mobile US were worth $13,425,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in TMUS. Sei Investments Co. boosted its holdings in T-Mobile US by 3.1% in the fourth quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock valued at $29,574,000 after purchasing an additional 5,552 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in T-Mobile US in the first quarter valued at approximately $1,908,000. Caprock Group LLC lifted its stake in T-Mobile US by 105.8% in the fourth quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock valued at $3,698,000 after buying an additional 11,854 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in T-Mobile US by 41.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock valued at $2,595,000 after buying an additional 4,777 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in T-Mobile US by 136.8% in the fourth quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock valued at $10,096,000 after buying an additional 36,374 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

T-Mobile US stock traded up $0.39 during trading hours on Friday, hitting $175.53. The stock had a trading volume of 3,117,229 shares, compared to its average volume of 3,560,749. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86. The stock has a market capitalization of $205.69 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 0.72 and a beta of 0.51. T-Mobile US, Inc. has a 1-year low of $131.47 and a 1-year high of $185.42. The stock’s fifty day moving average is $176.10 and its two-hundred day moving average is $167.40.

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. The company had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. T-Mobile US’s revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.58 earnings per share. As a group, analysts predict that T-Mobile US, Inc. will post 8.99 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.48%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TMUS. Citigroup upped their price target on T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. StockNews.com cut T-Mobile US from a “buy” rating to a “hold” rating in a research note on Tuesday, July 16th. Oppenheimer restated an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. The Goldman Sachs Group began coverage on T-Mobile US in a research note on Monday, July 1st. They set a “buy” rating and a $200.00 price target for the company. Finally, KeyCorp upped their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. One equities research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $194.07.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $177.59, for a total value of $532,770.00. Following the sale, the insider now owns 122,687 shares of the company’s stock, valued at $21,787,984.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CAO Dara Bazzano sold 4,300 shares of the stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $179.78, for a total transaction of $773,054.00. Following the sale, the chief accounting officer now owns 6,202 shares of the company’s stock, valued at $1,114,995.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction on Monday, July 1st. The shares were sold at an average price of $177.59, for a total value of $532,770.00. Following the sale, the insider now directly owns 122,687 shares in the company, valued at approximately $21,787,984.33. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,578,798 shares of company stock valued at $777,670,357. Insiders own 0.67% of the company’s stock.

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.