Woodward Diversified Capital LLC Decreases Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Woodward Diversified Capital LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 20.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 975 shares of the Wireless communications provider’s stock after selling 255 shares during the quarter. Woodward Diversified Capital LLC’s holdings in T-Mobile US were worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP raised its holdings in shares of T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after acquiring an additional 602,786 shares during the last quarter. FMR LLC lifted its stake in shares of T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after buying an additional 1,522,394 shares during the period. Franklin Resources Inc. grew its stake in T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after acquiring an additional 590,711 shares during the period. Barclays PLC lifted its position in T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after buying an additional 876,182 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of T-Mobile US by 2.5% during the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after acquiring an additional 47,350 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Down 0.4 %

Shares of TMUS opened at $246.24 on Friday. The stock’s 50-day moving average price is $225.97 and its 200 day moving average price is $214.95. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $250.50. The firm has a market capitalization of $285.76 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 1.38 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, research analysts predict that T-Mobile US, Inc. will post 10.18 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.43%. T-Mobile US’s payout ratio is presently 36.40%.

Insider Buying and Selling at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, 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 SEC, which can be accessed through this link. Also, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the completion of the transaction, the chief executive officer now directly owns 378,124 shares in the company, valued at approximately $89,891,418.52. This represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,100 shares of company stock valued at $5,501,978. Corporate insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the subject of several research analyst reports. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Bank of America boosted their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company increased their price objective on shares of T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. TD Cowen upped their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. 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, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus price target of $251.79.

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.