TFB Advisors LLC Decreases Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

TFB Advisors LLC lowered its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 19.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,414 shares of the Wireless communications provider’s stock after selling 342 shares during the period. TFB Advisors LLC’s holdings in T-Mobile US were worth $312,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TMUS. Capital Advisors Inc. OK purchased a new position in T-Mobile US during the fourth quarter worth $242,000. Schear Investment Advisers LLC boosted its stake in shares of T-Mobile US by 34.3% during the 4th quarter. Schear Investment Advisers LLC now owns 5,209 shares of the Wireless communications provider’s stock worth $1,150,000 after purchasing an additional 1,330 shares during the period. Portfolio Design Labs LLC boosted its stake in shares of T-Mobile US by 23.9% during the 4th quarter. Portfolio Design Labs LLC now owns 31,018 shares of the Wireless communications provider’s stock worth $6,847,000 after purchasing an additional 5,990 shares during the period. New Republic Capital LLC bought a new position in T-Mobile US during the 4th quarter valued at about $224,000. Finally, Community Bank & Trust Waco Texas raised its position in T-Mobile US by 8.8% in the 4th quarter. Community Bank & Trust Waco Texas now owns 5,817 shares of the Wireless communications provider’s stock worth $1,284,000 after purchasing an additional 471 shares during the period. 42.49% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several recent analyst reports. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Daiwa America upgraded T-Mobile US to a “hold” rating in a report on Friday, October 25th. Sanford C. Bernstein initiated coverage on T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price on the stock. UBS Group lifted their target price on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Bank of America upped their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Stock Down 1.3 %

T-Mobile US stock opened at $255.28 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a market cap of $291.46 billion, a P/E ratio of 26.40, a P/E/G ratio of 1.44 and a beta of 0.56. The business has a fifty day moving average of $226.45 and a two-hundred day moving average of $217.12. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $259.59.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping 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%. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

Insider Activity

In other news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the completion of the sale, the director now owns 4,021 shares in the company, valued at approximately $989,166. This represents a 19.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares in the company, valued at $897,621.76. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 3,100 shares of company stock worth $747,378. Corporate insiders own 0.67% of the company’s stock.

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.