PKO Investment Management Joint Stock Co Sells 11,000 Shares of T-Mobile US, Inc. $TMUS

PKO Investment Management Joint Stock Co trimmed its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 22.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,000 shares of the Wireless communications provider’s stock after selling 11,000 shares during the period. T-Mobile US accounts for 0.8% of PKO Investment Management Joint Stock Co’s portfolio, making the stock its 26th largest holding. PKO Investment Management Joint Stock Co’s holdings in T-Mobile US were worth $9,336,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new stake in T-Mobile US in the 2nd quarter worth $25,000. Missouri Trust & Investment Co boosted its stake in shares of T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the period. Elevation Wealth Partners LLC grew its position in shares of T-Mobile US by 190.0% during the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 76 shares in the last quarter. Aspect Partners LLC grew its position in shares of T-Mobile US by 112.1% during the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 65 shares in the last quarter. Finally, CoreFirst Bank & Trust bought a new stake in T-Mobile US during the 2nd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several recent analyst reports. Williams Trading set a $263.00 price target on T-Mobile US in a research note on Friday, October 24th. BNP Paribas Exane raised their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Hsbc Global Res upgraded shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Oppenheimer lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, November 21st. Finally, Argus decreased their target price on T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus target price of $260.17.

Insider Buying and Selling

In other T-Mobile US news, Director G Michael Sievert sold 22,500 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the completion of the transaction, the director owned 308,696 shares in the company, valued at $66,977,771.12. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Telekom Ag Deutsche sold 64,426 shares of the company’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $226.17, for a total value of $14,571,228.42. Following the transaction, the director directly owned 582,220,759 shares in the company, valued at approximately $131,680,869,063.03. This represents a 0.01% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 464,045 shares of company stock valued at $104,064,001. Company insiders own 0.37% of the company’s stock.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $197.51 on Tuesday. The stock has a market cap of $220.92 billion, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 1.14 and a beta of 0.45. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The stock has a 50 day moving average price of $203.99 and a 200-day moving average price of $225.53. T-Mobile US, Inc. has a one year low of $194.01 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.01. The company had revenue of $21.96 billion for 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%.T-Mobile US’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.61 EPS. Equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

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.