Yousif Capital Management LLC Cuts Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Yousif Capital Management LLC lessened its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 70,018 shares of the Wireless communications provider’s stock after selling 3,324 shares during the quarter. Yousif Capital Management LLC’s holdings in T-Mobile US were worth $15,455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. DT Investment Partners LLC increased its holdings in shares of 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 last quarter. Dunhill Financial LLC lifted its position in T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the period. MFA Wealth Advisors LLC lifted its position in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares during the period. Financial Life Planners acquired a new stake in T-Mobile US during the 4th quarter worth approximately $29,000. Finally, Legacy Investment Solutions LLC acquired a new stake in T-Mobile US during the 3rd quarter worth approximately $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on TMUS shares. Tigress Financial raised their price target on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Sanford C. Bernstein started coverage on T-Mobile US in a report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price target for the company. The Goldman Sachs Group raised their price target on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. TD Cowen raised their price target on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, Barclays raised their price target on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Monday. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.26.

Insider Buying and Selling

In other news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $1,015,300. The trade was a 71.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 34,200 shares of company stock valued at $8,063,303. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $237.25 on Wednesday. The firm has a market capitalization of $275.33 billion, a P/E ratio of 24.53, a P/E/G ratio of 1.38 and a beta of 0.56. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $248.15. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The business’s 50-day simple moving average is $226.18 and its 200-day simple moving average is $214.14.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Equities analysts predict that T-Mobile US, Inc. will post 10.18 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently declared 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. This represents a $3.52 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

About T-Mobile US

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.