Liontrust Investment Partners LLP Purchases 64,115 Shares of T-Mobile US, Inc. $TMUS

by · The Markets Daily

Liontrust Investment Partners LLP boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 1,727.7% during the second quarter, Holdings Channel reports. The institutional investor owned 67,826 shares of the Wireless communications provider’s stock after purchasing an additional 64,115 shares during the quarter. Liontrust Investment Partners LLP’s holdings in T-Mobile US were worth $16,160,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Aberdeen Group plc lifted its position in shares of T-Mobile US by 106.1% in the first quarter. Aberdeen Group plc now owns 343,830 shares of the Wireless communications provider’s stock worth $91,400,000 after purchasing an additional 176,971 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in T-Mobile US by 63.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,481 shares of the Wireless communications provider’s stock valued at $662,000 after buying an additional 962 shares during the last quarter. American Century Companies Inc. lifted its position in T-Mobile US by 17.2% during the 1st quarter. American Century Companies Inc. now owns 424,240 shares of the Wireless communications provider’s stock worth $113,149,000 after buying an additional 62,351 shares in the last quarter. Tyler Stone Wealth Management acquired a new position in shares of T-Mobile US during the 1st quarter worth about $217,000. Finally, Roberts Capital Advisors LLC bought a new position in shares of T-Mobile US in the 1st quarter valued at about $1,209,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other news, CEO Srini Gopalan purchased 9,800 shares of T-Mobile US stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $201.82 per share, for a total transaction of $1,977,836.00. Following the purchase, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at $18,215,869.56. This trade represents a 12.18% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Letitia A. Long sold 1,457 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $210.32, for a total value of $306,436.24. Following the completion of the transaction, the director directly owned 5,438 shares in the company, valued at approximately $1,143,720.16. This represents a 21.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,237,172 shares of company stock valued at $284,993,242. Insiders own 0.37% of the company’s stock.

T-Mobile US Trading Down 0.1%

Shares of T-Mobile US stock opened at $195.16 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. The business has a fifty day simple moving average of $213.74 and a two-hundred day simple moving average of $230.62. T-Mobile US, Inc. has a 1 year low of $194.01 and a 1 year high of $276.49. The company has a market capitalization of $218.29 billion, a price-to-earnings ratio of 18.77, a P/E/G ratio of 1.25 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, beating the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.61 earnings per share. Research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, February 27th. This represents a $4.08 annualized dividend and a yield of 2.1%. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

Analyst Ratings Changes

TMUS has been the topic of several analyst reports. KeyCorp upgraded T-Mobile US from an “underweight” rating to a “sector weight” rating in a report on Tuesday, December 2nd. Argus dropped their price objective on T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. JPMorgan Chase & Co. increased their price objective on T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Weiss Ratings restated a “buy (b-)” rating on shares of T-Mobile US in a report on Monday, December 8th. Finally, Wolfe Research cut their price target on shares of T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a research note on Tuesday, September 30th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $263.71.

View Our Latest Stock Analysis on T-Mobile US

T-Mobile US Company Profile

(Free Report)

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.

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