Yousif Capital Management LLC Has $15.08 Million Stock Holdings in T-Mobile US, Inc. $TMUS

Yousif Capital Management LLC trimmed its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,281 shares of the Wireless communications provider’s stock after selling 4,662 shares during the quarter. Yousif Capital Management LLC’s holdings in T-Mobile US were worth $15,077,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TMUS. GAMMA Investing LLC increased its position in T-Mobile US by 10.2% during the 1st quarter. GAMMA Investing LLC now owns 11,449 shares of the Wireless communications provider’s stock worth $3,054,000 after purchasing an additional 1,059 shares in the last quarter. Focus Financial Network Inc. acquired a new position in T-Mobile US during the 1st quarter worth approximately $262,000. Everhart Financial Group Inc. increased its position in T-Mobile US by 5.9% during the 1st quarter. Everhart Financial Group Inc. now owns 1,415 shares of the Wireless communications provider’s stock worth $377,000 after purchasing an additional 79 shares in the last quarter. CVA Family Office LLC increased its position in T-Mobile US by 11.6% in the 1st quarter. CVA Family Office LLC now owns 1,098 shares of the Wireless communications provider’s stock valued at $293,000 after acquiring an additional 114 shares during the period. Finally, Stock Yards Bank & Trust Co. acquired a new position in T-Mobile US in the 1st quarter valued at approximately $231,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TMUS has been the subject of several recent research reports. Wolfe Research decreased their price target on shares of T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Tuesday, September 30th. The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a research report on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 price target for the company. Benchmark upped their price target on shares of T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research report on Friday. Rothschild & Co Redburn upgraded shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target for the company in a research report on Monday, July 7th. Finally, Royal Bank Of Canada upped their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a research report on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus price target of $265.13.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $226.17, for a total transaction of $14,571,228.42. Following the completion of the sale, the director directly owned 628,039,751 shares in the company, valued at $142,043,750,483.67. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold 2,359,321 shares of company stock worth $570,950,708 in the last ninety days. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Trading Up 1.1%

TMUS opened at $228.79 on Monday. T-Mobile US, Inc. has a twelve month low of $208.39 and a twelve month high of $276.49. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The company has a fifty day moving average of $243.36 and a 200-day moving average of $242.71. The stock has a market cap of $257.48 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the prior year, the company posted $2.49 earnings per share. T-Mobile US’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed 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. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio is currently 38.49%.

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.