T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by C WorldWide Group Holding A S

C WorldWide Group Holding A S cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 63.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,596 shares of the Wireless communications provider’s stock after selling 4,511 shares during the period. C WorldWide Group Holding A S’s holdings in T-Mobile US were worth $573,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of TMUS. Wellington Management Group LLP lifted its stake in T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after buying an additional 602,786 shares in the last quarter. FMR LLC lifted its stake in T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after buying an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. lifted its stake in T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares in the last quarter. Barclays PLC lifted its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in T-Mobile US by 2.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock valued at $408,297,000 after buying an additional 47,350 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of research reports. Bank of America raised their price target 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. Scotiabank raised their price target on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research note on Thursday, January 30th. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, Barclays raised their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Stock Down 0.1 %

TMUS stock opened at $265.17 on Monday. The firm has a market cap of $302.76 billion, a PE ratio of 27.42, a PEG ratio of 1.55 and a beta of 0.56. 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 firm’s 50 day moving average price is $230.98 and its 200-day moving average price is $221.64. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $271.41.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Activity at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the sale, the director now owns 4,021 shares in the company, valued at approximately $989,166. This trade represents a 19.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andre Almeida bought 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders sold 3,100 shares of company stock worth $747,378. Insiders own 0.67% of the company’s stock.

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.