Axa S.A. Sells 5,208 Shares of T-Mobile US, Inc. $TMUS

Axa S.A. lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 175,776 shares of the Wireless communications provider’s stock after selling 5,208 shares during the period. Axa S.A.’s holdings in T-Mobile US were worth $41,880,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of TMUS. Activest Wealth Management boosted its holdings in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 94 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in T-Mobile US during the 2nd quarter valued at about $25,000. Missouri Trust & Investment Co boosted its stake in shares of T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 105 shares during the last quarter. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US during the 1st quarter worth approximately $29,000. Finally, Aspect Partners LLC raised its stake in shares of T-Mobile US by 112.1% during the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after buying an additional 65 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Down 1.5%

T-Mobile US stock opened at $201.35 on Wednesday. The company has a 50 day moving average of $215.90 and a 200-day moving average of $231.54. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. T-Mobile US, Inc. has a twelve month low of $199.17 and a twelve month high of $276.49. The stock has a market capitalization of $225.21 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 1.31 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUS) last posted 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 business had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The firm’s revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.61 EPS. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be issued a dividend of $1.02 per share. The ex-dividend date is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. T-Mobile US’s dividend payout ratio (DPR) is presently 39.23%.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 1,374 shares of T-Mobile US stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total value of $302,912.04. Following the sale, the director directly owned 582,065,875 shares in the company, valued at $128,322,242,802.50. This trade represents a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael J. Katz sold 2,500 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $215.91, for a total transaction of $539,775.00. Following the transaction, the insider owned 156,203 shares of the company’s stock, valued at $33,725,789.73. The trade was a 1.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,301,598 shares of company stock worth $300,561,785 in the last 90 days. Company insiders own 0.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Rothschild Redb raised shares of T-Mobile US to a “hold” rating in a report on Tuesday, September 30th. Williams Trading set a $263.00 price target on T-Mobile US in a research report on Friday, October 24th. Tigress Financial upped their price objective on T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Raymond James Financial upgraded T-Mobile US to a “hold” rating in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada restated a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $266.00.

T-Mobile US 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.