Life Cycle Investment Partners Ltd Takes Position in T-Mobile US, Inc. $TMUS

Life Cycle Investment Partners Ltd purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, Holdings Channel.com reports. The fund purchased 258,263 shares of the Wireless communications provider’s stock, valued at approximately $52,438,000.

A number of other institutional investors have also recently made changes to their positions in TMUS. United Community Bank lifted its position in shares of T-Mobile US by 131.1% during the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. JDM Financial Group LLC lifted its position in shares of T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares during the last quarter. Turning Point Benefit Group Inc. lifted its position in shares of T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the last quarter. Cloud Capital Management LLC purchased a new position in shares of T-Mobile US during the 3rd quarter valued at $38,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of T-Mobile US during the 4th quarter valued at $38,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $191.47 on Friday. The stock has a market capitalization of $207.21 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.11 and a beta of 0.33. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. The stock’s 50-day simple moving average is $198.67 and its 200 day simple moving average is $202.24. T-Mobile US, Inc. has a 52-week low of $181.36 and a 52-week high of $261.56.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. The business had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the company earned $2.58 EPS. Research analysts forecast that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio is currently 43.40%.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of recent research reports. Daiwa Securities Group raised T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective on the stock in a report on Thursday, February 19th. Wells Fargo & Company increased their price objective on T-Mobile US from $225.00 to $235.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. The Goldman Sachs Group reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Scotiabank dropped their price objective on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a report on Wednesday, April 29th. Finally, Wolfe Research reissued an “outperform” rating and set a $255.00 price objective on shares of T-Mobile US in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $260.48.

Insiders Place Their Bets

In other T-Mobile US news, insider Andre Almeida bought 5,097 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were acquired at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the purchase, the insider directly owned 44,850 shares of the company’s stock, valued at $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the transaction, the insider owned 181,930 shares in the company, valued at $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 25,620 shares of company stock worth $5,527,602. 0.37% of the stock is owned by corporate insiders.

About T-Mobile US

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.