T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Windward Capital Management Co. CA

Windward Capital Management Co. CA lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 10.6% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 1,656 shares of the Wireless communications provider’s stock after selling 196 shares during the quarter. Windward Capital Management Co. CA’s holdings in T-Mobile US were worth $292,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. WASHINGTON TRUST Co lifted its holdings in shares of T-Mobile US by 143.1% during the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 83 shares during the period. Summit Securities Group LLC purchased a new position in T-Mobile US during the 2nd quarter worth approximately $27,000. Private Wealth Management Group LLC acquired a new stake in T-Mobile US during the 4th quarter valued at approximately $27,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of T-Mobile US in the 2nd quarter valued at $30,000. Finally, Westside Investment Management Inc. increased its stake in shares of T-Mobile US by 75.8% in the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 75 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 2.1 %

Shares of T-Mobile US stock opened at $193.00 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a twelve month low of $134.50 and a twelve month high of $205.28. The firm has a market capitalization of $226.17 billion, a PE ratio of 26.26, a P/E/G ratio of 0.74 and a beta of 0.51. The firm’s 50-day moving average price is $188.14 and its 200 day moving average price is $174.02.

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

T-Mobile US Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Sanford C. Bernstein raised shares of T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Benchmark upped their target price on T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Citigroup lifted their price target on T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Evercore ISI upgraded T-Mobile US to a “hold” rating in a research report on Thursday, August 1st. Finally, TD Cowen raised their price objective on shares of T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $198.63.

Insider Activity

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

T-Mobile US Company 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.