Yost Capital Management LP Has $5.99 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Yost Capital Management LP raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 41.7% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 34,000 shares of the Wireless communications provider’s stock after buying an additional 10,000 shares during the period. T-Mobile US comprises approximately 10.0% of Yost Capital Management LP’s holdings, making the stock its 4th largest holding. Yost Capital Management LP’s holdings in T-Mobile US were worth $5,990,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Aveo Capital Partners LLC grew its position in shares of T-Mobile US by 6.5% during the 4th quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock worth $361,000 after buying an additional 137 shares during the period. Thoroughbred Financial Services LLC acquired a new position in shares of T-Mobile US in the 4th quarter valued at $207,000. D.A. Davidson & CO. boosted its position in shares of T-Mobile US by 15.4% in the 4th quarter. D.A. Davidson & CO. now owns 32,962 shares of the Wireless communications provider’s stock worth $5,285,000 after purchasing an additional 4,407 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of T-Mobile US by 2.9% during the fourth quarter. Corient Private Wealth LLC now owns 146,304 shares of the Wireless communications provider’s stock worth $23,457,000 after purchasing an additional 4,184 shares during the period. Finally, Assetmark Inc. increased its holdings in T-Mobile US by 32.0% in the fourth quarter. Assetmark Inc. now owns 28,894 shares of the Wireless communications provider’s stock valued at $4,633,000 after purchasing an additional 7,000 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $178.04, for a total transaction of $23,761,396.44. Following the completion of the transaction, the director now owns 670,812,128 shares in the company, valued at $119,431,391,269.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Raul Marcelo Claure sold 9,586 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $196.96, for a total value of $1,888,058.56. Following the transaction, the director now directly owns 1,940,792 shares of the company’s stock, valued at $382,258,392.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $178.04, for a total transaction of $23,761,396.44. Following the sale, the director now directly owns 670,812,128 shares of the company’s stock, valued at approximately $119,431,391,269.12. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 706,875 shares of company stock valued at $130,909,198. 0.67% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley boosted their target price on T-Mobile US from $191.00 to $209.00 and gave the stock an “overweight” rating in a research report on Monday. The Goldman Sachs Group began coverage on shares of T-Mobile US in a report on Monday, July 1st. They set a “buy” rating and a $200.00 price objective for the company. Tigress Financial increased their target price on shares of T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a report on Monday, August 12th. TD Cowen boosted their price target on shares of T-Mobile US from $202.00 to $216.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Finally, StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, July 30th. Eighteen research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of “Buy” and a consensus target price of $210.25.

T-Mobile US Trading Up 1.5 %

Shares of T-Mobile US stock opened at $199.64 on Friday. The stock has a market cap of $233.95 billion, a P/E ratio of 27.16, a P/E/G ratio of 0.74 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a 12-month low of $135.82 and a 12-month high of $206.30. The business’s 50 day moving average is $191.90 and its 200-day moving average is $176.21.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.22. The firm had revenue of $19.77 billion for the quarter, compared to analyst estimates of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share. Equities research analysts predict that T-Mobile US, Inc. will post 9.18 earnings per share for the current fiscal year.

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.