T-Mobile US, Inc. (NASDAQ:TMUS) is Kize Capital LP’s 7th Largest Position

Kize Capital LP cut its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 59.9% in the 4th quarter, HoldingsChannel reports. The firm owned 5,691 shares of the Wireless communications provider’s stock after selling 8,500 shares during the period. T-Mobile US makes up 1.1% of Kize Capital LP’s portfolio, making the stock its 7th biggest position. Kize Capital LP’s holdings in T-Mobile US were worth $1,256,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. grew its holdings in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 62 shares during the last quarter. CoreFirst Bank & Trust purchased a new position in T-Mobile US during the fourth quarter valued at $28,000. Financial Life Planners bought a new stake in T-Mobile US during the fourth quarter worth about $29,000. Bruce G. Allen Investments LLC increased its position in T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 73 shares in the last quarter. Finally, Albion Financial Group UT purchased a new stake in T-Mobile US during the 4th quarter valued at about $39,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 1.5 %

Shares of TMUS stock opened at $262.64 on Tuesday. T-Mobile US, Inc. has a fifty-two week low of $159.14 and a fifty-two week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $299.87 billion, a P/E ratio of 27.16, a P/E/G ratio of 1.55 and a beta of 0.63. The stock has a 50-day simple moving average of $260.69 and a 200 day simple moving average of $237.92.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Wall Street Analyst Weigh In

TMUS has been the topic of several research analyst reports. Bank of America upped their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Citigroup cut shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price on the stock. in a research note on Friday, March 14th. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Benchmark restated a “buy” rating and set a $275.00 target price on shares of T-Mobile US in a research report on Thursday, March 27th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $256.80.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares of the company’s stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.67% of the company’s stock.

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.