Harbour Capital Advisors LLC decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 24,999 shares of the Wireless communications provider’s stock after selling 203 shares during the quarter. T-Mobile US accounts for about 1.2% of Harbour Capital Advisors LLC’s holdings, making the stock its 20th biggest holding. Harbour Capital Advisors LLC’s holdings in T-Mobile US were worth $5,478,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in TMUS. DT Investment Partners LLC raised its holdings in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the period. Dunhill Financial LLC boosted its stake in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares in the last quarter. MFA Wealth Advisors LLC grew its position in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in T-Mobile US during the 3rd quarter worth about $34,000. Finally, Planning Capital Management Corp grew its stake in shares of T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after purchasing an additional 101 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at T-Mobile US
In other T-Mobile US news, EVP Mark Wolfe Nelson sold 42,769 shares of T-Mobile US stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the transaction, the executive vice president now owns 61,871 shares in the company, valued at approximately $13,380,222.46. The trade was a 40.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the sale, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 206,969 shares of company stock worth $46,656,527 over the last 90 days. 0.67% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on TMUS
T-Mobile US Trading Up 1.2 %
Shares of NASDAQ TMUS traded up $2.50 during trading on Monday, hitting $213.80. 1,867,933 shares of the company traded hands, compared to its average volume of 3,641,537. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The firm has a market capitalization of $248.11 billion, a P/E ratio of 24.38, a P/E/G ratio of 1.18 and a beta of 0.56. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The company has a 50-day moving average price of $230.41 and a 200-day moving average price of $209.39.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same period in the previous year, the company earned $1.82 earnings per share. T-Mobile US’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities analysts predict that T-Mobile US, Inc. will post 9.38 EPS for the current year.
T-Mobile US Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio is currently 40.14%.
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.
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