T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 42.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,228 shares of the Wireless communications provider’s stock after purchasing an additional 25,000 shares during the quarter. T-Mobile US makes up 7.4% of Sustainable Insight Capital Management LLC’s holdings, making the stock its 5th biggest position. Sustainable Insight Capital Management LLC’s holdings in T-Mobile US were worth $14,839,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TMUS. Aveo Capital Partners LLC boosted its holdings in T-Mobile US by 6.5% in the 4th quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock worth $361,000 after buying an additional 137 shares during the last quarter. Lincoln National Corp lifted its position in shares of T-Mobile US by 19.8% in the fourth quarter. Lincoln National Corp now owns 4,830 shares of the Wireless communications provider’s stock valued at $774,000 after acquiring an additional 798 shares in the last quarter. Montag A & Associates Inc. acquired a new stake in shares of T-Mobile US in the fourth quarter worth approximately $65,000. Principal Securities Inc. acquired a new stake in T-Mobile US during the 4th quarter worth $1,263,000. Finally, Smithfield Trust Co grew its holdings in shares of T-Mobile US by 36.1% during the fourth quarter. Smithfield Trust Co now owns 679 shares of the Wireless communications provider’s stock worth $108,000 after buying an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 2.1 %

NASDAQ TMUS opened at $193.00 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market capitalization of $226.17 billion, a P/E ratio of 26.26, a PEG ratio of 0.74 and a beta of 0.51. The firm’s 50-day moving average is $188.14 and its two-hundred day moving average is $173.93. T-Mobile US, Inc. has a 12 month low of $134.50 and a 12 month high of $205.28.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping the consensus estimate of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The firm had revenue of $19.77 billion for the quarter, compared to analyst estimates of $19.61 billion. During the same period in the prior year, the business posted $1.86 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.18 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.35%. T-Mobile US’s payout ratio is presently 35.37%.

Insider Activity

In related news, Director Raul Marcelo Claure sold 2,706 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $200.11, for a total transaction of $541,497.66. Following the completion of the transaction, the director now directly owns 1,826,204 shares in the company, valued at approximately $365,441,682.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other T-Mobile US news, Director Telekom Ag Deutsche sold 227,604 shares of the company’s stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $180.75, for a total transaction of $41,139,423.00. Following the sale, the director now owns 672,113,469 shares in the company, valued at approximately $121,484,509,521.75. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Raul Marcelo Claure sold 2,706 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $200.11, for a total transaction of $541,497.66. Following the sale, the director now owns 1,826,204 shares in the company, valued at $365,441,682.44. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,336,950 shares of company stock valued at $239,882,745. 0.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TMUS has been the topic of several research reports. The Goldman Sachs Group began coverage on shares of T-Mobile US in a research note on Monday, July 1st. They issued a “buy” rating and a $200.00 price target on the stock. Bank of America increased their price objective on shares of T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a report on Monday, June 10th. TD Cowen boosted their target price on T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Sanford C. Bernstein raised T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Finally, Evercore ISI raised T-Mobile US to a “hold” rating in a research note on Thursday, August 1st. One analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Buy” and an average price target of $198.63.

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.