Vima LLC Sells 354 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vima LLC cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 12.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,453 shares of the Wireless communications provider’s stock after selling 354 shares during the period. Vima LLC’s holdings in T-Mobile US were worth $432,000 as of its most recent SEC filing.

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

Insider Buying and Selling at T-Mobile US

In other news, Director Raul Marcelo Claure sold 1,572 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the completion of the transaction, the director now directly owns 1,824,632 shares of the company’s stock, valued at approximately $357,627,872. The sale was disclosed in a filing with the SEC, which is available at this link. In other T-Mobile US news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the completion of the sale, the director now directly owns 670,545,206 shares in the company, valued at approximately $117,922,079,927.16. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Raul Marcelo Claure sold 1,572 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $196.00, for a total value of $308,112.00. Following the completion of the transaction, the director now owns 1,824,632 shares in the company, valued at approximately $357,627,872. The disclosure for this sale can be found here. Over the last three months, insiders have sold 973,797 shares of company stock valued at $178,105,011. Company insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $202.83 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The company has a 50 day moving average price of $190.15 and a 200-day moving average price of $175.17. T-Mobile US, Inc. has a 1-year low of $135.82 and a 1-year high of $205.28. The firm has a market cap of $236.66 billion, a price-to-earnings ratio of 27.60, a price-to-earnings-growth ratio of 0.74 and a beta of 0.51.

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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Sanford C. Bernstein upgraded T-Mobile US to a “strong-buy” rating in a research note on Wednesday, July 31st. Tigress Financial upped their price objective on shares of T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a report on Monday, August 12th. StockNews.com raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, July 30th. Wells Fargo & Company raised their price target on shares of T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Evercore ISI raised shares of T-Mobile US to a “hold” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $201.44.

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.