T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,813 shares of the Wireless communications provider’s stock after selling 228 shares during the period. Wealthspire Advisors LLC’s holdings in T-Mobile US were worth $2,828,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of TMUS. FMR LLC boosted its stake in T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after purchasing an additional 1,522,394 shares in the last quarter. Barclays PLC boosted its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Wellington Management Group LLP boosted its stake in T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after purchasing an additional 602,786 shares in the last quarter. Franklin Resources Inc. boosted 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 purchasing an additional 590,711 shares in the last quarter. Finally, Nordea Investment Management AB boosted its stake in T-Mobile US by 36.9% in the 4th quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock worth $324,960,000 after purchasing an additional 397,345 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $265.17 on Monday. The firm has a market cap of $302.76 billion, a PE ratio of 27.42, a PEG 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. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $271.41.

T-Mobile US (NASDAQ:TMUS) last issued 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 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 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business 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. This represents a $3.52 annualized dividend and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is presently 36.40%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent analyst reports. Benchmark reiterated a “buy” rating and issued a $255.00 target price on shares of T-Mobile US in a research note on Tuesday, January 28th. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Finally, Scotiabank lifted their price objective on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research note on Thursday, January 30th. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $251.79.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction on Friday, November 29th. The shares were 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 of the company’s stock, valued at $989,166. This represents a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andre Almeida purchased 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold 3,100 shares of company stock valued at $747,378 over the last 90 days. 0.67% of the stock is currently owned by corporate insiders.

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.