Moody Aldrich Partners LLC cut its position in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 7.7% during the 4th quarter, HoldingsChannel reports. The firm owned 1,335 shares of the Wireless communications provider’s stock after selling 111 shares during the quarter. Moody Aldrich Partners LLC’s holdings in T-Mobile US were worth $295,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. Susquehanna Fundamental Investments LLC bought a new position in T-Mobile US in the 2nd quarter worth approximately $863,000. Quarry LP increased its holdings in shares of T-Mobile US by 12.5% during the second quarter. Quarry LP now owns 748 shares of the Wireless communications provider’s stock valued at $132,000 after purchasing an additional 83 shares during the period. EP Wealth Advisors LLC raised its stake in shares of T-Mobile US by 13.9% during the second quarter. EP Wealth Advisors LLC now owns 5,906 shares of the Wireless communications provider’s stock valued at $1,040,000 after purchasing an additional 721 shares in the last quarter. Truist Financial Corp lifted its holdings in T-Mobile US by 28.1% in the second quarter. Truist Financial Corp now owns 484,891 shares of the Wireless communications provider’s stock worth $85,428,000 after purchasing an additional 106,489 shares during the period. Finally, Advisory Alpha LLC grew its position in T-Mobile US by 5.9% in the 2nd quarter. Advisory Alpha LLC now owns 1,419 shares of the Wireless communications provider’s stock valued at $250,000 after buying an additional 79 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.
T-Mobile US Price Performance
Shares of T-Mobile US stock opened at $235.15 on Thursday. The firm has a fifty day moving average price of $226.37 and a two-hundred day moving average price of $212.66. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a market cap of $272.89 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56.
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 paid a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. T-Mobile US’s payout ratio is 40.14%.
Analyst Ratings Changes
TMUS has been the subject of a number of research analyst reports. Tigress Financial upped their price target on shares of T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Citigroup increased their price target on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Daiwa America raised T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Finally, BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $245.74.
Read Our Latest Stock Analysis on T-Mobile US
Insider Buying and Selling
In related news, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was 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 in the company, valued at $323,262,057.20. This trade represents a 7.09 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $1,015,300. The trade was a 71.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 144,200 shares of company stock valued at $32,736,303 over the last ninety days. 0.67% of the stock is owned by company insiders.
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.
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