T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Stablepoint Partners LLC

Stablepoint Partners LLC reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,523 shares of the Wireless communications provider’s stock after selling 117 shares during the period. Stablepoint Partners LLC’s holdings in T-Mobile US were worth $4,309,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. DT Investment Partners LLC grew its stake in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares during the period. Dunhill Financial LLC lifted its holdings in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares in the last quarter. MFA Wealth Advisors LLC grew its position in shares of T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 77 shares during the period. Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US during the third quarter worth about $34,000. Finally, Bruce G. Allen Investments LLC raised its position in shares of T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 73 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the sale, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 144,200 shares of company stock valued at $32,736,303 in the last quarter. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 1.2 %

Shares of NASDAQ:TMUS opened at $218.57 on Friday. The business has a 50-day moving average price of $226.93 and a 200 day moving average price of $211.62. The company has a market capitalization of $253.65 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 1.08 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company earned $1.82 EPS. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. Sell-side analysts expect that T-Mobile US, Inc. will post 9.3 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is currently 40.14%.

Analyst Ratings Changes

TMUS has been the topic of several research analyst reports. The Goldman Sachs Group lifted their price objective on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Benchmark boosted their price target on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. UBS Group raised their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. KeyCorp lowered shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price for the company. in a report on Thursday, December 12th. Finally, Bank of America raised their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Seven research 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 company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.