Leonteq Securities AG Takes $1.05 Million Position in T-Mobile US, Inc. $TMUS

Leonteq Securities AG acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,151 shares of the Wireless communications provider’s stock, valued at approximately $1,046,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. Sei Investments Co. boosted its stake in T-Mobile US by 6.3% during the second quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after buying an additional 8,491 shares during the period. Diversify Advisory Services LLC boosted its stake in T-Mobile US by 315.7% during the second quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after buying an additional 3,454 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of T-Mobile US in the second quarter valued at approximately $375,000. Raymond James Financial Inc. boosted its stake in shares of T-Mobile US by 0.5% in the second quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock valued at $489,420,000 after purchasing an additional 9,568 shares during the period. Finally, Viking Global Investors LP boosted its stake in shares of T-Mobile US by 81.7% in the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after purchasing an additional 1,279,422 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Up 0.4%

TMUS stock opened at $190.90 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. T-Mobile US, Inc. has a twelve month low of $181.36 and a twelve month high of $261.56. The company’s 50 day moving average is $199.10 and its two-hundred day moving average is $202.31. The stock has a market cap of $206.59 billion, a P/E ratio of 20.31, a PEG ratio of 1.12 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business had revenue of $23.11 billion for the quarter, compared to analysts’ expectations of $22.98 billion. During the same period in the previous year, the company posted $2.58 EPS. The company’s quarterly revenue was up 10.6% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio is currently 43.40%.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of T-Mobile US in a research note on Friday, April 10th. Moffett Nathanson raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective for the company in a research note on Wednesday, April 8th. KeyCorp raised shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective for the company in a research note on Monday, April 13th. TD Cowen raised their price objective on shares of T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Citigroup raised their price objective on shares of T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $260.48.

Insider Transactions at T-Mobile US

In other T-Mobile US news, insider Mark Wolfe Nelson sold 2,329 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $222.38, for a total value of $517,923.02. Following the completion of the transaction, the insider owned 65,677 shares in the company, valued at $14,605,251.26. This represents a 3.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Srikant M. Datar sold 3,291 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total value of $727,640.10. Following the transaction, the director owned 1,038 shares of the company’s stock, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 25,620 shares of company stock worth $5,527,602 over the last 90 days. 0.37% of the stock is owned by corporate insiders.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.