Leuthold Group LLC Sells 89 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Leuthold Group LLC decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,967 shares of the Wireless communications provider’s stock after selling 89 shares during the quarter. Leuthold Group LLC’s holdings in T-Mobile US were worth $7,013,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TMUS. Sei Investments Co. lifted its holdings in shares of T-Mobile US by 3.1% during the fourth quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock worth $29,574,000 after buying an additional 5,552 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in T-Mobile US by 31.4% in the 4th quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock valued at $17,261,000 after purchasing an additional 25,700 shares during the period. GSA Capital Partners LLP acquired a new stake in T-Mobile US in the 1st quarter worth $1,908,000. Caprock Group LLC increased its holdings in shares of T-Mobile US by 105.8% during the 4th quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after purchasing an additional 11,854 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of T-Mobile US by 41.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock valued at $2,595,000 after buying an additional 4,777 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TMUS shares. The Goldman Sachs Group began coverage on T-Mobile US in a research report on Monday, July 1st. They set a “buy” rating and a $200.00 target price on the stock. KeyCorp upped their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Royal Bank of Canada lifted their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Oppenheimer restated an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. Finally, Benchmark reiterated a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, May 29th. One investment analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $190.79.

T-Mobile US Price Performance

Shares of TMUS stock traded up $1.80 during trading hours on Friday, hitting $180.61. 1,338,917 shares of the company’s stock were exchanged, compared to its average volume of 4,774,771. T-Mobile US, Inc. has a 52 week low of $131.47 and a 52 week high of $182.67. The stock has a market cap of $211.65 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 0.70 and a beta of 0.51. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86. The stock’s 50-day moving average is $172.57 and its 200-day moving average is $165.88.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The firm had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. The company’s revenue was down .2% on a year-over-year basis. As a group, research analysts forecast that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

Insiders Place Their Bets

In other T-Mobile US news, insider Jon Freier sold 20,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $164.38, for a total transaction of $3,287,600.00. Following the completion of the sale, the insider now directly owns 172,628 shares of the company’s stock, valued at approximately $28,376,590.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock in a transaction on Monday, April 15th. The stock was sold at an average price of $160.24, for a total transaction of $27,353,448.72. Following the completion of the sale, the director now directly owns 679,776,137 shares of the company’s stock, valued at $108,927,328,192.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Jon Freier sold 20,000 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $164.38, for a total value of $3,287,600.00. Following the transaction, the insider now owns 172,628 shares in the company, valued at approximately $28,376,590.64. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,678,884 shares of company stock valued at $955,868,736. 0.67% 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.