Liontrust Investment Partners LLP Buys 540 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Liontrust Investment Partners LLP increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 17.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 3,711 shares of the Wireless communications provider’s stock after buying an additional 540 shares during the period. Liontrust Investment Partners LLP’s holdings in T-Mobile US were worth $990,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Crestwood Advisors Group LLC boosted its holdings in shares of T-Mobile US by 79.5% during the 1st quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider’s stock worth $436,000 after buying an additional 724 shares during the period. Burling Wealth Partners LLC acquired a new stake in T-Mobile US in the 4th quarter worth about $2,539,000. Advisor Resource Council acquired a new stake in T-Mobile US in the 1st quarter worth about $463,000. Main Street Research LLC raised its stake in T-Mobile US by 1.0% in the 1st quarter. Main Street Research LLC now owns 177,902 shares of the Wireless communications provider’s stock worth $47,448,000 after purchasing an additional 1,788 shares in the last quarter. Finally, Sawgrass Asset Management LLC acquired a new stake in T-Mobile US in the 1st quarter worth about $6,543,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $250.87, for a total transaction of $17,520,760.80. Following the sale, the director directly owned 636,271,724 shares of the company’s stock, valued at $159,621,487,399.88. The trade was a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Callie R. Field sold 12,300 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $240.80, for a total transaction of $2,961,840.00. Following the sale, the insider directly owned 110,891 shares in the company, valued at $26,702,552.80. The trade was a 9.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,974,370 shares of company stock worth $462,526,830 over the last three months. Insiders own 0.37% of the company’s stock.

T-Mobile US Trading Up 1.7%

TMUS opened at $254.63 on Friday. The company’s 50 day moving average is $235.58 and its 200-day moving average is $247.25. T-Mobile US, Inc. has a 1-year low of $192.61 and a 1-year high of $276.49. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The company has a market cap of $286.57 billion, a P/E ratio of 24.02, a PEG ratio of 1.37 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company had revenue of $21.13 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period last year, the company posted $2.49 EPS. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US’s payout ratio is presently 33.21%.

Analyst Ratings Changes

TMUS has been the subject of several analyst reports. Tigress Financial lifted their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. KeyCorp reiterated an “underweight” rating and issued a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Bank of America initiated coverage on shares of T-Mobile US in a research note on Monday, July 7th. They issued a “neutral” rating and a $255.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $270.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $256.31.

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.