T-Mobile US, Inc. $TMUS Shares Sold by Capital International Inc. CA

Capital International Inc. CA trimmed its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 19.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,388 shares of the Wireless communications provider’s stock after selling 6,041 shares during the period. Capital International Inc. CA’s holdings in T-Mobile US were worth $6,077,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TMUS. AGF Management Ltd. boosted its holdings in shares of T-Mobile US by 17.5% in the second quarter. AGF Management Ltd. now owns 5,437 shares of the Wireless communications provider’s stock worth $1,295,000 after buying an additional 810 shares during the period. Midwest Trust Co acquired a new stake in shares of T-Mobile US during the second quarter valued at approximately $285,000. King Luther Capital Management Corp raised its holdings in shares of T-Mobile US by 2.0% during the second quarter. King Luther Capital Management Corp now owns 2,528 shares of the Wireless communications provider’s stock valued at $602,000 after acquiring an additional 49 shares during the period. Allworth Financial LP lifted its position in shares of T-Mobile US by 14.2% in the 2nd quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock valued at $1,556,000 after acquiring an additional 810 shares in the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new position in T-Mobile US in the 2nd quarter worth approximately $35,560,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, CFO Peter Osvaldik sold 27,000 shares of the company’s stock in a transaction dated 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 directly owned 51,573 shares of the company’s stock, valued at $11,080,974.78. This represents a 34.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark Wolfe Nelson sold 2,329 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $222.38, for a total value of $517,923.02. Following the sale, the insider directly owned 65,677 shares of the company’s stock, valued at $14,605,251.26. This trade represents a 3.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 694,134 shares of company stock valued at $150,847,799 in the last quarter. Corporate insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

TMUS has been the topic of several research analyst reports. Weiss Ratings cut shares of T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. TD Cowen reduced their target price on T-Mobile US from $263.00 to $252.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Morgan Stanley decreased their target price on T-Mobile US from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. Barclays lifted their price target on T-Mobile US from $240.00 to $245.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, Benchmark reissued a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $257.09.

T-Mobile US Stock Down 2.4%

TMUS stock opened at $213.44 on Thursday. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $272.60. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45. The company has a market cap of $235.18 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 1.42 and a beta of 0.43. The company has a 50 day moving average of $203.58 and a two-hundred day moving average of $215.00.

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.