Y Intercept Hong Kong Ltd Acquires 16,419 Shares of T-Mobile US, Inc. $TMUS

Y Intercept Hong Kong Ltd lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 63.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 42,408 shares of the Wireless communications provider’s stock after purchasing an additional 16,419 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in T-Mobile US were worth $8,611,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. JDM Financial Group LLC lifted its holdings in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Swiss RE Ltd. bought a new position in T-Mobile US during the 4th quarter valued at about $29,000. Turning Point Benefit Group Inc. lifted its holdings in T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after purchasing an additional 153 shares during the last quarter. United Community Bank lifted its holdings in T-Mobile US by 78.8% during the 4th quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock valued at $38,000 after purchasing an additional 82 shares during the last quarter. Finally, Ares Financial Consulting LLC bought a new position in T-Mobile US during the 4th quarter valued at about $38,000. 42.49% of the stock is owned by institutional investors.

Trending Headlines about T-Mobile US

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Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TMUS. KeyCorp raised shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price target for the company in a report on Monday, April 13th. TD Cowen lifted their price target on shares of T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Oppenheimer raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price target for the company in a report on Wednesday, April 29th. Royal Bank Of Canada cut their price target on shares of T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Finally, Barclays reissued a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $260.48.

View Our Latest Research Report on T-Mobile US

Insider Buying and Selling at T-Mobile US

In related news, COO Jon Freier sold 4,799 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. This represents a 2.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

T-Mobile US Trading Up 1.8%

TMUS opened at $189.10 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The stock has a market capitalization of $204.64 billion, a PE ratio of 20.12, a PEG ratio of 1.08 and a beta of 0.31. T-Mobile US, Inc. has a 1-year low of $174.02 and a 1-year high of $261.56. The firm has a 50-day moving average price of $191.00 and a two-hundred day moving average price of $199.70.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its quarterly earnings data 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 during 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 company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.58 EPS. As a group, equities analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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

About T-Mobile US

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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