T-Mobile US, Inc. (NASDAQ:TMUS) Holdings Decreased by Tobam

Tobam cut its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 26.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,243 shares of the Wireless communications provider’s stock after selling 451 shares during the quarter. Tobam’s holdings in T-Mobile US were worth $274,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. DT Investment Partners LLC lifted its position in shares of T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 47 shares during the last quarter. Dunhill Financial LLC lifted its holdings in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the last quarter. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the period. Financial Life Planners bought a new position in shares of T-Mobile US during the fourth quarter valued at approximately $29,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,100 shares of company stock worth $5,501,978 in the last three months. 0.67% of the stock is currently owned by insiders.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $246.24 on Friday. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $250.50. 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 firm has a market cap of $285.76 billion, a P/E ratio of 25.46, a PEG ratio of 1.38 and a beta of 0.56. The business’s 50-day moving average price is $225.97 and its 200 day moving average price is $214.95.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping 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%. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 10.18 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is presently 36.40%.

Analyst Ratings Changes

A number of research firms recently issued reports on TMUS. Royal Bank of Canada boosted their price objective on T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Barclays upped their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. Finally, Evercore ISI raised T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.79.

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.