Graphene Investments SAS Lowers Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Graphene Investments SAS decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 16.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,500 shares of the Wireless communications provider’s stock after selling 2,700 shares during the period. T-Mobile US comprises 2.1% of Graphene Investments SAS’s investment portfolio, making the stock its 21st biggest position. Graphene Investments SAS’s holdings in T-Mobile US were worth $2,980,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. DT Investment Partners LLC lifted its holdings in T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Dunhill Financial LLC raised its position in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the last quarter. Financial Life Planners purchased a new position in T-Mobile US in the 4th quarter valued at about $29,000. MFA Wealth Advisors LLC boosted its holdings in T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, the director now owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now directly owns 5,021 shares in the company, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,100 shares of company stock worth $5,501,978 in the last three months. 0.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TMUS has been the topic of several research reports. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. UBS Group raised their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. increased their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Sanford C. Bernstein started coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price target on the stock. Finally, TD Cowen upped their price objective on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Price Performance

Shares of TMUS opened at $247.17 on Friday. The firm has a 50-day simple moving average of $225.95 and a two-hundred day simple moving average of $214.72. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $248.15. The stock has a market cap of $286.84 billion, a PE ratio of 25.56, a P/E/G ratio of 1.38 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, analysts forecast that T-Mobile US, Inc. will post 10.18 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.42%. T-Mobile US’s payout ratio is 36.40%.

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.