Leuthold Group LLC Reduces Position in T-Mobile US, Inc. $TMUS

Leuthold Group LLC trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 92.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,065 shares of the Wireless communications provider’s stock after selling 37,707 shares during the quarter. Leuthold Group LLC’s holdings in T-Mobile US were worth $622,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in T-Mobile US by 1.5% in the third quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock valued at $10,244,764,000 after buying an additional 636,192 shares during the last quarter. State Street Corp increased its holdings in T-Mobile US by 4.7% in the third quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock valued at $5,801,155,000 after buying an additional 1,092,769 shares during the last quarter. Capital International Investors increased its holdings in T-Mobile US by 5.5% in the third quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider’s stock valued at $3,285,608,000 after buying an additional 711,278 shares during the last quarter. Wellington Management Group LLP increased its holdings in T-Mobile US by 47.5% in the third quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after buying an additional 4,335,368 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in T-Mobile US by 6.1% in the third quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider’s stock valued at $1,891,845,000 after buying an additional 453,096 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $185.22 on Monday. The firm has a market capitalization of $200.45 billion, a PE ratio of 19.70, a price-to-earnings-growth ratio of 1.09 and a beta of 0.33. The stock has a 50 day moving average of $201.37 and a 200-day moving average of $202.95. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $261.56. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.26. The business had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business’s revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.58 earnings per share. Analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s payout ratio is currently 43.40%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TMUS. Daiwa Securities Group raised T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective for the company in a report on Thursday, February 19th. Wells Fargo & Company boosted their price objective on T-Mobile US from $225.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 target price for the company in a report on Wednesday, April 8th. Citigroup upped their target price on T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Finally, Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $260.48.

Insider Buying and Selling at T-Mobile US

In other news, insider Mark Wolfe Nelson sold 10,240 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $220.80, for a total transaction of $2,260,992.00. Following the completion of the transaction, the insider directly owned 74,280 shares in the company, valued at approximately $16,401,024. The trade was a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Peter Osvaldik sold 27,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the transaction, the chief financial officer owned 51,573 shares of the company’s stock, valued at approximately $11,080,974.78. This represents a 34.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 149,134 shares of company stock valued at $32,163,349. 0.37% of the stock is currently owned by insiders.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.