T-Mobile US, Inc. (NASDAQ:TMUS) is Overbrook Management Corp’s 7th Largest Position

Overbrook Management Corp trimmed its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 97,950 shares of the Wireless communications provider’s stock after selling 1,477 shares during the period. T-Mobile US accounts for 4.7% of Overbrook Management Corp’s investment portfolio, making the stock its 7th biggest holding. Overbrook Management Corp’s holdings in T-Mobile US were worth $21,621,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in TMUS. FMR LLC increased its holdings in shares of T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares during the period. Barclays PLC increased its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares during the period. Wellington Management Group LLP lifted its position in T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after buying an additional 602,786 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares during the period. Finally, Nordea Investment Management AB grew its holdings in shares of T-Mobile US by 36.9% during the 4th quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock valued at $324,960,000 after acquiring an additional 397,345 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TMUS has been the subject of several recent research reports. Royal Bank of Canada lowered T-Mobile US from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $255.00 to $240.00 in a report on Monday, January 6th. Tigress Financial raised their price target on T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Bank of America boosted their price target on T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Finally, Evercore ISI boosted their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

Insider Buying and Selling

In other news, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the sale, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $1,015,300. This represents a 71.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. This trade represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 164,200 shares of company stock valued at $37,407,303 over the last ninety days. 0.67% of the stock is owned by company insiders.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $218.97 on Monday. The firm’s 50-day moving average is $228.93 and its 200-day moving average is $210.47. The company has a market cap of $254.11 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same period in the previous year, the company posted $1.82 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts anticipate that T-Mobile US, Inc. will post 9.31 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. T-Mobile US’s payout ratio is 40.14%.

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.