T-Mobile US, Inc. (NASDAQ:TMUS) Holdings Decreased by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 13.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,136 shares of the Wireless communications provider’s stock after selling 175 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in T-Mobile US were worth $234,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. Wealthcare Advisory Partners LLC raised its position in T-Mobile US by 23.8% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,754 shares of the Wireless communications provider’s stock worth $449,000 after acquiring an additional 529 shares in the last quarter. OneAscent Financial Services LLC raised its position in T-Mobile US by 80.8% in the first quarter. OneAscent Financial Services LLC now owns 2,578 shares of the Wireless communications provider’s stock worth $421,000 after acquiring an additional 1,152 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in T-Mobile US by 2.4% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 18,177 shares of the Wireless communications provider’s stock worth $2,967,000 after acquiring an additional 433 shares in the last quarter. First Bank & Trust bought a new stake in T-Mobile US in the first quarter worth about $345,000. Finally, Vicus Capital bought a new stake in T-Mobile US in the first quarter worth about $279,000. 42.49% of the stock is currently owned by institutional investors.

Insider Activity at T-Mobile US

In related news, EVP Deeanne King sold 15,437 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $190.00, for a total value of $2,933,030.00. Following the completion of the sale, the executive vice president now directly owns 35,588 shares in the company, valued at approximately $6,761,720. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, EVP Deeanne King sold 15,437 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $190.00, for a total value of $2,933,030.00. Following the completion of the sale, the executive vice president now directly owns 35,588 shares in the company, valued at approximately $6,761,720. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jon Freier sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $181.87, for a total value of $1,818,700.00. Following the completion of the sale, the insider now owns 162,628 shares of the company’s stock, valued at approximately $29,577,154.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 349,261 shares of company stock valued at $69,411,130. 0.67% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. TD Cowen boosted their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday. Benchmark boosted their price objective on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday. Sanford C. Bernstein upgraded T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Bank of America boosted their price objective on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Two analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $240.17.

T-Mobile US Trading Down 3.1 %

Shares of NASDAQ TMUS opened at $226.36 on Friday. The stock has a market cap of $264.11 billion, a price-to-earnings ratio of 28.37, a PEG ratio of 1.15 and a beta of 0.51. The business has a 50 day simple moving average of $205.53 and a 200 day simple moving average of $184.78. T-Mobile US, Inc. has a 52 week low of $138.42 and a 52 week high of $234.56. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. The business had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.82 EPS. On average, research analysts predict that T-Mobile US, Inc. will post 9.22 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.88 dividend. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date is Wednesday, November 27th. This represents a $3.52 annualized dividend and a dividend yield of 1.56%. T-Mobile US’s payout ratio is presently 32.58%.

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.