T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Wendell David Associates Inc.

Wendell David Associates Inc. lowered its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 8.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,655 shares of the Wireless communications provider’s stock after selling 150 shares during the quarter. Wendell David Associates Inc.’s holdings in T-Mobile US were worth $365,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. FMR LLC raised its holdings in shares of 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 valued at $2,660,758,000 after buying an additional 1,522,394 shares during the period. Barclays PLC increased its stake 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 purchasing an additional 876,182 shares during the period. Wellington Management Group LLP lifted its position in shares of T-Mobile US by 4.0% during 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 purchasing an additional 602,786 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of T-Mobile US by 9.9% in the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after purchasing an additional 590,711 shares during the period. Finally, Nordea Investment Management AB grew its holdings in shares of T-Mobile US by 36.9% in the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock valued at $324,960,000 after purchasing an additional 397,345 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 0.6 %

NASDAQ TMUS opened at $218.18 on Thursday. The firm’s fifty day moving average is $228.16 and its two-hundred day moving average is $211.26. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The firm has a market cap of $253.20 billion, a PE ratio of 24.88, a P/E/G ratio of 1.09 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter in the previous year, the firm posted $1.82 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Analysts expect that T-Mobile US, Inc. will post 9.3 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.61%. T-Mobile US’s dividend payout ratio is currently 40.14%.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their ownership of the stock. The transaction 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 business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the sale, the chief executive officer now owns 378,124 shares in the company, valued at $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 164,200 shares of company stock worth $37,407,303. 0.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TMUS. Barclays increased their target price on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. UBS Group lifted their target price on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Tigress Financial increased their price target on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Sanford C. Bernstein initiated coverage on T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective for the company. Finally, Evercore ISI upped their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $245.74.

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.