Union Bancaire Privee UBP SA Makes New Investment in T-Mobile US, Inc. $TMUS

Union Bancaire Privee UBP SA acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,947 shares of the Wireless communications provider’s stock, valued at approximately $2,775,000.

Several other large investors have also made changes to their positions in the business. Activest Wealth Management grew its stake in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 94 shares during the period. Howard Hughes Medical Institute purchased a new position in T-Mobile US during the second quarter valued at $25,000. Missouri Trust & Investment Co grew its position in shares of T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 105 shares during the period. Aspect Partners LLC increased its stake in shares of T-Mobile US by 112.1% during the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 65 shares in the last quarter. Finally, CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US during the 2nd quarter worth about $31,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Oppenheimer lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, November 21st. HSBC upgraded T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price target for the company in a research report on Friday, October 24th. Argus decreased their price objective on T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. BNP Paribas Exane lifted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a research note on Monday, October 6th. Finally, Moffett Nathanson increased their target price on shares of T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $262.17.

T-Mobile US Stock Up 0.7%

Shares of NASDAQ:TMUS opened at $199.38 on Thursday. T-Mobile US, Inc. has a 52-week low of $194.01 and a 52-week high of $276.49. The stock has a market cap of $223.01 billion, a P/E ratio of 19.17, a PEG ratio of 1.27 and a beta of 0.44. The business has a fifty day moving average of $212.03 and a two-hundred day moving average of $229.71. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The business had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. During the same quarter in the previous year, the firm earned $2.61 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, February 27th. T-Mobile US’s payout ratio is presently 39.23%.

Insiders Place Their Bets

In other news, CEO Srini Gopalan purchased 9,800 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was acquired at an average price of $201.82 per share, for a total transaction of $1,977,836.00. Following the acquisition, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. This represents a 12.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $215.91, for a total value of $539,775.00. Following the completion of the transaction, the insider owned 156,203 shares in the company, valued at $33,725,789.73. This represents a 1.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,043,868 shares of company stock worth $238,762,618. 0.37% of the stock is currently owned by company insiders.

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.