Waverton Investment Management Ltd Lowers Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Waverton Investment Management Ltd reduced its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 685,079 shares of the Wireless communications provider’s stock after selling 37,012 shares during the period. T-Mobile US makes up approximately 2.4% of Waverton Investment Management Ltd’s portfolio, making the stock its 21st largest position. Waverton Investment Management Ltd owned about 0.06% of T-Mobile US worth $151,248,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JSF Financial LLC boosted its position in shares of T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after purchasing an additional 44 shares in the last quarter. KPP Advisory Services LLC boosted its holdings in T-Mobile US by 2.6% during the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after buying an additional 45 shares in the last quarter. D Orazio & Associates Inc. grew its position in T-Mobile US by 3.7% during the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after buying an additional 47 shares during the period. Warren Street Wealth Advisors LLC grew its position in T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after buying an additional 47 shares during the period. Finally, Relyea Zuckerberg Hanson LLC increased its holdings in T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after buying an additional 48 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on TMUS. Benchmark restated a “buy” rating and issued a $255.00 price target on shares of T-Mobile US in a report on Tuesday, January 28th. Sanford C. Bernstein assumed coverage on T-Mobile US in a report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price on the stock. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Barclays boosted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, Morgan Stanley assumed coverage on shares of T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price for the company. 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $251.79.

Insider Buying and Selling at T-Mobile US

In related news, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction on Monday, December 9th. The shares were bought 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 directly owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction dated Wednesday, November 27th. The shares were 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 of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,100 shares of company stock valued at $747,378 over the last ninety days. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 0.1 %

Shares of NASDAQ TMUS opened at $265.17 on Monday. 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 stock has a market capitalization of $302.76 billion, a PE ratio of 27.42, a P/E/G ratio of 1.55 and a beta of 0.56. The firm has a fifty day moving average of $230.98 and a 200-day moving average of $221.64. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US’s payout ratio is 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.