T-Mobile US, Inc. $TMUS is Sustainable Insight Capital Management LLC’s 10th Largest Position

Sustainable Insight Capital Management LLC reduced its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,833 shares of the Wireless communications provider’s stock after selling 6,469 shares during the quarter. T-Mobile US comprises approximately 3.1% of Sustainable Insight Capital Management LLC’s investment portfolio, making the stock its 10th biggest holding. Sustainable Insight Capital Management LLC’s holdings in T-Mobile US were worth $6,870,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Activest Wealth Management increased its position in T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 94 shares in the last quarter. Missouri Trust & Investment Co grew its stake in shares of T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the last quarter. Stone House Investment Management LLC purchased a new position in shares of T-Mobile US in the 1st quarter valued at approximately $29,000. TCTC Holdings LLC raised its position in shares of T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after purchasing an additional 77 shares during the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in T-Mobile US in the 1st quarter worth approximately $47,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Down 1.8%

TMUS stock opened at $201.01 on Friday. T-Mobile US, Inc. has a one year low of $199.41 and a one year high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The firm’s fifty day moving average is $231.39 and its 200 day moving average is $237.52. The firm has a market cap of $224.83 billion, a PE ratio of 19.33, a P/E/G ratio of 1.51 and a beta of 0.57.

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

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 2.0%. T-Mobile US’s payout ratio is 39.23%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several research reports. BNP Paribas Exane lifted their price objective 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. Barclays dropped their target price on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Rothschild Redb raised shares of T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Moffett Nathanson upped their price objective on shares of T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a report on Thursday, October 2nd. Finally, Daiwa Capital Markets reduced their target price on shares of T-Mobile US from $240.00 to $230.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $266.63.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 1,374 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total transaction of $302,912.04. Following the completion of the sale, the director owned 582,065,875 shares of the company’s stock, valued at $128,322,242,802.50. The trade was a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 2,113,221 shares of company stock valued at $506,386,034 in the last quarter. 0.37% of the stock is 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.