T-Mobile US, Inc. $TMUS Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,013 shares of the Wireless communications provider’s stock after selling 2,050 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in T-Mobile US were worth $25,487,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Activest Wealth Management increased its holdings in shares of T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 94 shares in the last quarter. Missouri Trust & Investment Co boosted its holdings in T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 105 shares in the last quarter. Stone House Investment Management LLC acquired a new position in T-Mobile US during the first quarter worth about $29,000. Aspect Partners LLC increased its holdings in T-Mobile US by 112.1% in the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 65 shares in the last quarter. Finally, TCTC Holdings LLC lifted its position in shares of T-Mobile US by 208.1% during the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after acquiring an additional 77 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $240.08, for a total transaction of $16,767,187.20. Following the transaction, the director directly owned 635,014,604 shares in the company, valued at $152,454,306,128.32. This represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders have sold 1,971,041 shares of company stock worth $470,946,486. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $214.57 on Friday. T-Mobile US, Inc. has a 1 year low of $199.41 and a 1 year high of $276.49. The company’s 50 day simple moving average is $227.14 and its 200 day simple moving average is $236.03. The company has a market capitalization of $240.00 billion, a price-to-earnings ratio of 20.63, a PEG ratio of 1.51 and a beta of 0.57. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89.

T-Mobile US (NASDAQ:TMUS) last issued 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. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. During the same period in the previous year, the firm posted $2.61 EPS. T-Mobile US’s revenue was up 8.9% on a year-over-year basis. 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio is currently 39.23%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TMUS shares. Zacks Research cut T-Mobile US from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Wells Fargo & Company raised T-Mobile US from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $250.00 to $260.00 in a report on Thursday, October 16th. Daiwa Capital Markets cut their price target on T-Mobile US from $240.00 to $230.00 and set a “neutral” rating for the company in a research note on Tuesday, October 28th. JPMorgan Chase & Co. boosted their price objective on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $266.83.

T-Mobile US 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.