Commerzbank Aktiengesellschaft FI Has $38.76 Million Stake in T-Mobile US, Inc. $TMUS

Commerzbank Aktiengesellschaft FI reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,911 shares of the Wireless communications provider’s stock after selling 2,732 shares during the quarter. T-Mobile US accounts for 0.8% of Commerzbank Aktiengesellschaft FI’s portfolio, making the stock its 29th largest position. Commerzbank Aktiengesellschaft FI’s holdings in T-Mobile US were worth $38,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American National Bank & Trust lifted its holdings in T-Mobile US by 13.6% during the 2nd quarter. American National Bank & Trust now owns 443 shares of the Wireless communications provider’s stock valued at $106,000 after purchasing an additional 53 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in T-Mobile US by 12.5% during the second quarter. ST Germain D J Co. Inc. now owns 477 shares of the Wireless communications provider’s stock worth $114,000 after buying an additional 53 shares during the last quarter. True North Advisors LLC increased its holdings in shares of T-Mobile US by 7.1% during the second quarter. True North Advisors LLC now owns 1,320 shares of the Wireless communications provider’s stock worth $315,000 after buying an additional 87 shares in the last quarter. Patton Fund Management Inc. bought a new position in shares of T-Mobile US in the second quarter valued at approximately $225,000. Finally, Old Port Advisors raised its stake in shares of T-Mobile US by 11.1% in the second quarter. Old Port Advisors now owns 1,191 shares of the Wireless communications provider’s stock valued at $284,000 after acquiring an additional 119 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TMUS shares. Weiss Ratings lowered T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. BNP Paribas Exane reduced their price objective on T-Mobile US from $300.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Citigroup decreased their target price on T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Benchmark restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday. Finally, Oppenheimer cut T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $257.76.

T-Mobile US Stock Up 0.3%

NASDAQ TMUS opened at $186.03 on Friday. The stock has a market capitalization of $208.08 billion, a P/E ratio of 17.89, a price-to-earnings-growth ratio of 1.02 and a beta of 0.45. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The stock has a fifty day moving average of $200.06 and a 200-day moving average of $222.40.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (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 return on equity of 19.76% and a net margin of 13.83%.The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.61 earnings per share. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, February 27th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s payout ratio is currently 39.23%.

Insider Buying and Selling at T-Mobile US

In related news, insider Michael J. Katz sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $215.91, for a total transaction of $539,775.00. Following the completion of the sale, the insider directly owned 156,203 shares of the company’s stock, valued at $33,725,789.73. The trade was a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Srini Gopalan acquired 9,800 shares of T-Mobile US stock in a transaction on Thursday, November 6th. The stock was acquired at an average cost of $201.82 per share, for a total transaction of $1,977,836.00. Following the completion of the purchase, the chief executive officer owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. The trade was a 12.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 170,764 shares of company stock valued at $37,483,463 over the last 90 days. Company insiders own 0.37% of the company’s stock.

T-Mobile US 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.