Natixis Advisors LLC Buys 26,705 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Natixis Advisors LLC boosted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 455,844 shares of the Wireless communications provider’s stock after acquiring an additional 26,705 shares during the period. Natixis Advisors LLC’s holdings in T-Mobile US were worth $121,578,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in TMUS. AIA Group Ltd bought a new stake in T-Mobile US in the fourth quarter worth about $343,000. Summit Financial LLC raised its position in shares of T-Mobile US by 7.1% in the fourth quarter. Summit Financial LLC now owns 3,585 shares of the Wireless communications provider’s stock valued at $791,000 after purchasing an additional 238 shares during the period. B. Metzler seel. Sohn & Co. AG raised its position in shares of T-Mobile US by 13.6% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 31,499 shares of the Wireless communications provider’s stock valued at $6,953,000 after purchasing an additional 3,772 shares during the period. HighPoint Advisor Group LLC raised its position in shares of T-Mobile US by 2.0% in the fourth quarter. HighPoint Advisor Group LLC now owns 9,496 shares of the Wireless communications provider’s stock valued at $2,096,000 after purchasing an additional 182 shares during the period. Finally, StoneX Group Inc. raised its position in shares of T-Mobile US by 10.0% in the fourth quarter. StoneX Group Inc. now owns 18,533 shares of the Wireless communications provider’s stock valued at $4,091,000 after purchasing an additional 1,690 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

TMUS stock opened at $239.25 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a one year low of $173.74 and a one year high of $276.49. The stock has a market cap of $269.26 billion, a PE ratio of 22.57, a P/E/G ratio of 1.31 and a beta of 0.62. The firm has a 50 day simple moving average of $235.03 and a two-hundred day simple moving average of $245.00.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business had revenue of $21.13 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the previous year, the company earned $2.49 EPS. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, analysts predict that T-Mobile US, Inc. will post 10.37 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 11th. Investors of record on Friday, August 29th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Friday, August 29th. T-Mobile US’s dividend payout ratio is currently 33.21%.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction on Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the transaction, the director owned 647,660,844 shares of the company’s stock, valued at approximately $154,195,093,739.52. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have sold 1,473,190 shares of company stock worth $340,769,943. 0.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. KeyCorp reissued an “underweight” rating and issued a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. Morgan Stanley boosted their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Tigress Financial boosted their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, April 29th. Bank of America assumed coverage on shares of T-Mobile US in a research report on Monday, July 7th. They issued a “neutral” rating and a $255.00 price target on the stock. Finally, Arete Research raised shares of T-Mobile US to a “strong-buy” rating in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $256.31.

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.