T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Jackson Square Capital LLC

Jackson Square Capital LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 26.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,455 shares of the Wireless communications provider’s stock after selling 8,211 shares during the quarter. T-Mobile US comprises approximately 1.2% of Jackson Square Capital LLC’s portfolio, making the stock its 22nd largest holding. Jackson Square Capital LLC’s holdings in T-Mobile US were worth $4,956,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of TMUS. KPP Advisory Services LLC increased its holdings in shares of T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock valued at $360,000 after acquiring an additional 45 shares during the period. DT Investment Partners LLC raised its holdings in shares of T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the last quarter. Relyea Zuckerberg Hanson LLC boosted its stake in shares of T-Mobile US by 3.9% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock worth $284,000 after buying an additional 48 shares during the period. Old North State Trust LLC grew its holdings in shares of T-Mobile US by 1.4% during the third quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock worth $751,000 after buying an additional 50 shares during the last quarter. Finally, Davis Investment Partners LLC increased its position in T-Mobile US by 0.6% in the 3rd quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock valued at $1,711,000 after acquiring an additional 51 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at T-Mobile US

In other news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the transaction, the director now owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. This represents a 7.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Peter Osvaldik sold 20,000 shares of the stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the transaction, the chief financial officer now owns 61,307 shares in the company, valued at approximately $14,318,249.85. The trade was a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 164,200 shares of company stock worth $37,407,303. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $218.97 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The business has a fifty day moving average of $228.93 and a 200-day moving average of $210.26. The stock has a market cap of $254.11 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 1.05 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same period in the prior year, the firm earned $1.82 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, analysts predict that T-Mobile US, Inc. will post 9.31 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on TMUS shares. Evercore ISI boosted their target price on T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Tigress Financial increased their price target on shares of T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Raymond James downgraded shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. KeyCorp cut T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price on the stock. in a research report on Thursday, December 12th. Finally, Wells Fargo & Company lowered shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $240.00 to $220.00 in a research report on Monday, January 6th. Seven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

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.