T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by United Services Automobile Association

United Services Automobile Association lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,374 shares of the Wireless communications provider’s stock after selling 602 shares during the period. United Services Automobile Association’s holdings in T-Mobile US were worth $2,532,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of T-Mobile US during the fourth quarter worth about $3,338,708,000. Wellington Management Group LLP increased its stake in T-Mobile US by 200.0% during the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock worth $1,020,116,000 after buying an additional 4,241,877 shares in the last quarter. Putnam Investments LLC raised its holdings in shares of T-Mobile US by 74.6% during the fourth quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock valued at $631,575,000 after acquiring an additional 1,682,743 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of T-Mobile US by 3.8% in the first quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after acquiring an additional 1,667,778 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its stake in shares of T-Mobile US by 18.8% in the first quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock worth $596,159,000 after acquiring an additional 578,348 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 1.2 %

TMUS opened at $195.30 on Tuesday. The business has a fifty day moving average price of $188.47 and a 200 day moving average price of $174.31. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. T-Mobile US, Inc. has a 12 month low of $135.82 and a 12 month high of $205.28. The stock has a market capitalization of $227.87 billion, a price-to-earnings ratio of 26.57, a PEG ratio of 0.72 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. The business had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.86 earnings per share. Sell-side analysts expect that T-Mobile US, Inc. will post 9.18 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.33%. T-Mobile US’s payout ratio is 35.37%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 135,969 shares of T-Mobile US stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $175.59, for a total transaction of $23,874,796.71. Following the completion of the sale, the director now directly owns 671,479,433 shares of the company’s stock, valued at approximately $117,905,073,640.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Deeanne King sold 15,437 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $190.00, for a total value of $2,933,030.00. Following the transaction, the executive vice president now directly owns 35,588 shares of the company’s stock, valued at approximately $6,761,720. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Telekom Ag Deutsche sold 135,969 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $175.59, for a total transaction of $23,874,796.71. Following the completion of the sale, the director now directly owns 671,479,433 shares of the company’s stock, valued at $117,905,073,640.47. The disclosure for this sale can be found here. In the last three months, insiders sold 1,109,346 shares of company stock valued at $198,743,322. Insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on TMUS shares. The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a research report on Monday, July 1st. They set a “buy” rating and a $200.00 price target on the stock. Sanford C. Bernstein raised T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Barclays lifted their price objective on T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Finally, Scotiabank lifted their price target on T-Mobile US from $194.50 to $197.00 and gave the stock a “sector outperform” rating in a report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $198.63.

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.