T-Mobile US, Inc. $TMUS Shares Sold by PKO Investment Management Joint Stock Co

PKO Investment Management Joint Stock Co decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 32.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 35,000 shares of the Wireless communications provider’s stock after selling 17,000 shares during the quarter. PKO Investment Management Joint Stock Co’s holdings in T-Mobile US were worth $7,351,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in TMUS. Capital Advisors Ltd. LLC lifted its position in shares of T-Mobile US by 98.0% in the first quarter. Capital Advisors Ltd. LLC now owns 390 shares of the Wireless communications provider’s stock valued at $82,000 after acquiring an additional 193 shares in the last quarter. Sheets Smith Wealth Management boosted its stake in shares of T-Mobile US by 9.7% during the first quarter. Sheets Smith Wealth Management now owns 14,504 shares of the Wireless communications provider’s stock valued at $3,046,000 after acquiring an additional 1,281 shares during the last quarter. Triad Wealth Partners LLC increased its position in T-Mobile US by 29.7% during the 1st quarter. Triad Wealth Partners LLC now owns 1,303 shares of the Wireless communications provider’s stock worth $274,000 after purchasing an additional 298 shares in the last quarter. Quotient Wealth Partners LLC increased its position in T-Mobile US by 9.7% during the 1st quarter. Quotient Wealth Partners LLC now owns 2,912 shares of the Wireless communications provider’s stock worth $612,000 after purchasing an additional 257 shares in the last quarter. Finally, E. Ohman J or Asset Management AB raised its stake in T-Mobile US by 23.1% in the 1st quarter. E. Ohman J or Asset Management AB now owns 21,599 shares of the Wireless communications provider’s stock valued at $4,536,000 after purchasing an additional 4,050 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $180.06 on Tuesday. The business’s 50-day moving average price is $189.02 and its 200 day moving average price is $198.60. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The company has a market capitalization of $194.86 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 1.06 and a beta of 0.31. 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 (NASDAQ:TMUS) last issued its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the company earned $2.58 EPS. On average, research analysts predict that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be given a $1.02 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is currently 43.40%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. KeyCorp upgraded shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a report on Monday, April 13th. Weiss Ratings downgraded shares of T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 15th. Wall Street Zen raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Moffett Nathanson raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective on the stock in a research note on Wednesday, April 8th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $260.27.

Insider Buying and Selling

In related news, insider Andre Almeida bought 5,097 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the acquisition, the insider owned 44,850 shares in the company, valued at $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the transaction, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. This trade represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.32% of the company’s stock.

T-Mobile US Company 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.