Blair William & Co. IL Cuts Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Blair William & Co. IL lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,532 shares of the Wireless communications provider’s stock after selling 135 shares during the quarter. Blair William & Co. IL’s holdings in T-Mobile US were worth $2,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. NEOS Investment Management LLC boosted its stake in T-Mobile US by 18.4% during the 4th quarter. NEOS Investment Management LLC now owns 107,525 shares of the Wireless communications provider’s stock valued at $23,734,000 after purchasing an additional 16,686 shares during the last quarter. UniSuper Management Pty Ltd increased its holdings in T-Mobile US by 42.6% in the 4th quarter. UniSuper Management Pty Ltd now owns 172,463 shares of the Wireless communications provider’s stock worth $38,068,000 after buying an additional 51,525 shares in the last quarter. Sava Infond d.o.o. bought a new position in T-Mobile US during the 4th quarter valued at about $258,000. WINTON GROUP Ltd bought a new position in T-Mobile US during the 4th quarter valued at about $6,198,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of T-Mobile US by 7.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 925,062 shares of the Wireless communications provider’s stock valued at $202,690,000 after acquiring an additional 67,334 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Royal Bank of Canada raised their target price on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a report on Friday, March 21st. Morgan Stanley began coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective for the company. Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Citigroup downgraded T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target for the company. in a research note on Friday, March 14th. Finally, Benchmark reiterated a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a research note on Thursday, March 27th. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $256.80.

T-Mobile US Trading Up 0.7 %

Shares of TMUS stock opened at $268.54 on Wednesday. The stock’s 50-day moving average price is $254.86 and its 200-day moving average price is $234.05. T-Mobile US, Inc. has a 12-month low of $159.14 and a 12-month high of $276.49. The stock has a market capitalization of $306.60 billion, a price-to-earnings ratio of 27.77, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (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%. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.31%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Company 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.