T-Mobile US, Inc. $TMUS Stock Holdings Lessened by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 11.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 409,306 shares of the Wireless communications provider’s stock after selling 53,231 shares during the quarter. T-Mobile US accounts for about 0.9% of Westwood Holdings Group Inc.’s holdings, making the stock its 27th biggest position. Westwood Holdings Group Inc.’s holdings in T-Mobile US were worth $97,521,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Activest Wealth Management raised its holdings in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 94 shares in the last quarter. Missouri Trust & Investment Co raised its stake in shares of T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 105 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US during the 1st quarter valued at about $29,000. Aspect Partners LLC grew its stake in shares of T-Mobile US by 112.1% in the 2nd 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 stake in T-Mobile US by 208.1% in the first 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 last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

TMUS opened at $216.08 on Friday. The company has a fifty day moving average price of $226.40 and a two-hundred day moving average price of $235.89. The firm has a market capitalization of $241.69 billion, a PE ratio of 20.78, a P/E/G ratio of 1.51 and a beta of 0.57. T-Mobile US, Inc. has a 52 week low of $199.41 and a 52 week high of $276.49. 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 posted its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.01. The business 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%.The firm’s revenue was up 8.9% on a year-over-year basis. During the same period last year, the company earned $2.61 EPS. As a group, analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. 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%. T-Mobile US’s dividend payout ratio (DPR) is currently 39.23%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price target on T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price objective for the company in a research note on Friday, October 24th. Wells Fargo & Company upgraded shares of T-Mobile US from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $250.00 to $260.00 in a report on Thursday, October 16th. Raymond James Financial raised T-Mobile US to a “hold” rating in a research report on Wednesday, October 1st. Finally, Rothschild Redb raised T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $266.83.

Insider Buying and Selling

In other news, CEO Srini Gopalan acquired 9,800 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average price of $201.82 per share, for a total transaction of $1,977,836.00. Following the transaction, the chief executive officer directly owned 90,258 shares in the company, valued at approximately $18,215,869.56. This represents a 12.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Telekom Ag Deutsche sold 1,374 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total value of $302,912.04. Following the completion of the transaction, the director directly owned 582,065,875 shares of the company’s stock, valued at approximately $128,322,242,802.50. The trade was a 0.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,971,041 shares of company stock worth $470,946,486 over the last quarter. 0.37% of the stock is currently owned by corporate insiders.

About T-Mobile US

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.