WD Rutherford LLC Sells 210 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

WD Rutherford LLC lowered its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 24,003 shares of the Wireless communications provider’s stock after selling 210 shares during the quarter. T-Mobile US comprises 2.0% of WD Rutherford LLC’s investment portfolio, making the stock its 19th largest holding. WD Rutherford LLC’s holdings in T-Mobile US were worth $3,918,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of TMUS. Acadian Asset Management LLC increased its stake in shares of T-Mobile US by 376.8% in the 3rd quarter. Acadian Asset Management LLC now owns 882 shares of the Wireless communications provider’s stock valued at $122,000 after acquiring an additional 697 shares in the last quarter. Dark Forest Capital Management LP bought a new stake in T-Mobile US during the 3rd quarter valued at $560,000. LPL Financial LLC increased its stake in T-Mobile US by 16.7% during the 3rd quarter. LPL Financial LLC now owns 162,865 shares of the Wireless communications provider’s stock valued at $22,809,000 after purchasing an additional 23,334 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in T-Mobile US by 44.3% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 329 shares of the Wireless communications provider’s stock valued at $46,000 after purchasing an additional 101 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in T-Mobile US by 9.5% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 38,432 shares of the Wireless communications provider’s stock valued at $5,382,000 after purchasing an additional 3,335 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS traded down $1.24 during trading on Friday, hitting $176.18. 5,172,283 shares of the company’s stock traded hands, compared to its average volume of 6,700,324. The stock has a market capitalization of $206.46 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 0.69 and a beta of 0.50. T-Mobile US, Inc. has a 12-month low of $131.47 and a 12-month high of $182.67. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The business has a 50 day moving average of $169.84 and a 200-day moving average of $164.47.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business had revenue of $19.59 billion for the quarter, compared to the consensus estimate of $19.81 billion. During the same period in the prior year, the firm earned $1.58 earnings per share. The company’s revenue was down .2% compared to the same quarter last year. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 9.02 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s dividend payout ratio is presently 35.37%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent research reports. Royal Bank of Canada boosted their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Bank of America boosted their price target on shares of T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, June 10th. TD Cowen reduced their target price on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research note on Friday, April 26th. Citigroup upped their target price on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Finally, Benchmark reiterated a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, May 29th. Fourteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $190.36.

Insider Activity

In other news, CAO Dara Bazzano sold 4,300 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $179.78, for a total transaction of $773,054.00. Following the sale, the chief accounting officer now directly owns 6,202 shares in the company, valued at $1,114,995.56. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the transaction, the insider now directly owns 125,687 shares in the company, valued at $20,514,632.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Dara Bazzano sold 4,300 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $179.78, for a total transaction of $773,054.00. Following the completion of the transaction, the chief accounting officer now owns 6,202 shares in the company, valued at $1,114,995.56. The disclosure for this sale can be found here. Insiders have sold a total of 6,779,170 shares of company stock worth $1,133,297,126 over the last ninety days. Company insiders own 0.67% of the company’s stock.

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.