TD Private Client Wealth LLC Reduces Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

TD Private Client Wealth LLC lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,344 shares of the Wireless communications provider’s stock after selling 275 shares during the quarter. TD Private Client Wealth LLC’s holdings in T-Mobile US were worth $1,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in TMUS. Lowe Brockenbrough & Co. Inc. purchased a new stake in T-Mobile US during the fourth quarter valued at approximately $201,000. Whittier Trust Co. of Nevada Inc. grew its position in shares of T-Mobile US by 8.6% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,752 shares of the Wireless communications provider’s stock valued at $387,000 after acquiring an additional 139 shares during the period. Douglass Winthrop Advisors LLC purchased a new stake in shares of T-Mobile US in the 4th quarter worth $581,000. HUB Investment Partners LLC raised its holdings in T-Mobile US by 5.7% in the 4th quarter. HUB Investment Partners LLC now owns 45,175 shares of the Wireless communications provider’s stock worth $9,971,000 after purchasing an additional 2,427 shares during the period. Finally, Blueshift Asset Management LLC purchased a new position in T-Mobile US during the fourth quarter valued at $574,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling 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 that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $255.84 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $292.10 billion, a P/E ratio of 26.46, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month high of $276.49. The business’s 50-day moving average is $248.19 and its 200 day moving average is $230.56.

T-Mobile US (NASDAQ:TMUS) last posted 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 return on equity of 18.09% and a net margin of 13.93%. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.38%. T-Mobile US’s dividend payout ratio is currently 36.40%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Hsbc Global Res lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Tigress Financial reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target for the company. in a report on Thursday, December 12th. Morgan Stanley assumed coverage on T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 price target for the company. Finally, Scotiabank boosted their price target on T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a report on Monday, March 3rd. Ten equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $255.80.

T-Mobile US 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.