XTX Topco Ltd Has $9.81 Million Stock Position in T-Mobile US, Inc. $TMUS

XTX Topco Ltd grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 82.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 41,170 shares of the Wireless communications provider’s stock after acquiring an additional 18,622 shares during the period. T-Mobile US comprises 0.4% of XTX Topco Ltd’s holdings, making the stock its 18th largest holding. XTX Topco Ltd’s holdings in T-Mobile US were worth $9,809,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in T-Mobile US by 0.5% in the second quarter. Vanguard Group Inc. now owns 42,160,882 shares of the Wireless communications provider’s stock valued at $10,045,252,000 after purchasing an additional 215,711 shares during the period. Wellington Management Group LLP grew its position in shares of T-Mobile US by 1.7% in the 1st quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider’s stock valued at $3,426,407,000 after buying an additional 214,224 shares during the last quarter. Canada Pension Plan Investment Board grew its position in shares of T-Mobile US by 14.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after buying an additional 864,030 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of T-Mobile US by 5.2% in the second quarter. Franklin Resources Inc. now owns 6,298,934 shares of the Wireless communications provider’s stock valued at $1,500,784,000 after buying an additional 309,922 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of T-Mobile US by 25.4% during the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider’s stock worth $1,112,886,000 after acquiring an additional 844,932 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

TMUS stock opened at $207.34 on Tuesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. The company’s 50-day moving average is $222.78 and its 200-day moving average is $234.16. The stock has a market capitalization of $231.91 billion, a PE ratio of 19.94, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57. T-Mobile US, Inc. has a 1 year low of $199.41 and a 1 year high of $276.49.

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

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be given 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 dividend on an annualized basis and a dividend yield of 2.0%. T-Mobile US’s payout ratio is currently 39.23%.

Wall Street Analyst Weigh In

Several brokerages recently commented on TMUS. Weiss Ratings reiterated a “buy (b)” rating on shares of T-Mobile US in a report on Wednesday, October 8th. Williams Trading set a $263.00 price target on shares of T-Mobile US in a research report on Friday, October 24th. Hsbc Global Res raised shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Barclays decreased their price objective on shares of T-Mobile US from $250.00 to $240.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Finally, BNP Paribas Exane boosted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $266.83.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, CEO Srini Gopalan acquired 9,800 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $201.82 per share, with a total value of $1,977,836.00. Following the completion of the purchase, the chief executive officer 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director G Michael Sievert sold 22,500 shares of T-Mobile US stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.97, for a total value of $4,881,825.00. Following the transaction, the director directly owned 308,696 shares in the company, valued at approximately $66,977,771.12. The trade was a 6.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,719,181 shares of company stock worth $404,701,767. 0.37% of the stock is owned by company insiders.

About T-Mobile US

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.