T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Kize Capital LP

Kize Capital LP trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 72.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,191 shares of the Wireless communications provider’s stock after selling 37,000 shares during the period. T-Mobile US makes up approximately 2.4% of Kize Capital LP’s investment portfolio, making the stock its 8th largest holding. Kize Capital LP’s holdings in T-Mobile US were worth $2,500,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of TMUS. WASHINGTON TRUST Co lifted its position in T-Mobile US by 143.1% in the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 83 shares during the period. Summit Securities Group LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth $27,000. Y.D. More Investments Ltd acquired a new stake in shares of T-Mobile US in the second quarter valued at $27,000. Westside Investment Management Inc. boosted its stake in T-Mobile US by 75.8% during the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 75 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in T-Mobile US during the second quarter worth about $30,000. 42.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other T-Mobile US news, Director Raul Marcelo Claure sold 1,572 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the transaction, the director now directly owns 1,824,632 shares in the company, valued at $357,627,872. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction on Monday, August 12th. The shares were sold at an average price of $194.57, for a total value of $3,891,400.00. Following the transaction, the chief executive officer now owns 418,124 shares in the company, valued at approximately $81,354,386.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Raul Marcelo Claure sold 1,572 shares of the business’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the transaction, the director now directly owns 1,824,632 shares of the company’s stock, valued at approximately $357,627,872. The disclosure for this sale can be found here. Over the last three months, insiders sold 706,875 shares of company stock worth $130,909,198. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

TMUS opened at $199.44 on Friday. The stock has a fifty day moving average price of $192.29 and a 200 day moving average price of $176.53. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a 1 year low of $135.82 and a 1 year high of $206.30. The stock has a market cap of $233.71 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 0.74 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating the consensus estimate of $2.27 by $0.22. The business had revenue of $19.77 billion during the quarter, compared to analysts’ expectations of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.86 EPS. Analysts forecast that T-Mobile US, Inc. will post 9.18 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s payout ratio is presently 35.37%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TMUS. Citigroup upped their price target on shares of T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a report on Friday, July 19th. Barclays lifted their price target on shares of T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Oppenheimer upped their price target on T-Mobile US from $200.00 to $215.00 and gave the company an “outperform” rating in a report on Thursday. The Goldman Sachs Group initiated coverage on T-Mobile US in a report on Monday, July 1st. They issued a “buy” rating and a $200.00 target price on the stock. Finally, Wells Fargo & Company upped their target price on T-Mobile US from $200.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, September 12th. Eighteen analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $211.92.

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.