Kize Capital LP Sells 8,500 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Kize Capital LP lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 59.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,691 shares of the Wireless communications provider's stock after selling 8,500 shares during the period. T-Mobile US comprises approximately 1.1% of Kize Capital LP's holdings, making the stock its 7th largest holding. Kize Capital LP's holdings in T-Mobile US were worth $1,256,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bridgewater Associates LP boosted its position in T-Mobile US by 6.3% during the fourth quarter. Bridgewater Associates LP now owns 212,194 shares of the Wireless communications provider's stock valued at $46,838,000 after purchasing an additional 12,615 shares in the last quarter. Rossby Financial LCC bought a new position in shares of T-Mobile US during the 4th quarter worth approximately $208,000. Canada Post Corp Registered Pension Plan purchased a new stake in T-Mobile US during the fourth quarter valued at approximately $3,836,000. LaSalle St. Investment Advisors LLC grew its holdings in T-Mobile US by 31.3% in the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,431 shares of the Wireless communications provider's stock worth $536,000 after purchasing an additional 580 shares during the last quarter. Finally, XTX Topco Ltd increased its position in shares of T-Mobile US by 23.9% during the fourth quarter. XTX Topco Ltd now owns 13,926 shares of the Wireless communications provider's stock worth $3,074,000 after purchasing an additional 2,683 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TMUS shares. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Benchmark restated a "buy" rating and set a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Bank of America boosted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Finally, Oppenheimer boosted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $256.80.

T-Mobile US Price Performance

Shares of TMUS traded up $2.40 during trading hours on Friday, hitting $262.04. 3,488,338 shares of the stock were exchanged, compared to its average volume of 4,230,484. The stock's 50-day moving average price is $261.47 and its two-hundred day moving average price is $238.65. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a market cap of $299.18 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 12-month low of $160.06 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

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

About T-Mobile US

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.