Motco Sells 2,982 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Motco decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,821 shares of the Wireless communications provider’s stock after selling 2,982 shares during the period. T-Mobile US makes up 1.2% of Motco’s holdings, making the stock its 23rd biggest position. Motco’s holdings in T-Mobile US were worth $11,659,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in TMUS. JSF Financial LLC boosted its holdings in T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock valued at $1,117,000 after acquiring an additional 44 shares during the period. KPP Advisory Services LLC raised its position in shares of T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after acquiring an additional 45 shares in the last quarter. D Orazio & Associates Inc. raised its position in shares of T-Mobile US by 3.7% in the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after acquiring an additional 47 shares in the last quarter. Warren Street Wealth Advisors LLC raised its position in shares of T-Mobile US by 4.3% in the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after acquiring an additional 47 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC increased its position in T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after buying an additional 48 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $264.17 on Friday. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $273.40. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $301.61 billion, a price-to-earnings ratio of 27.32, a PEG ratio of 1.55 and a beta of 0.56. The business’s 50-day moving average price is $234.53 and its 200-day moving average price is $223.28.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. 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 1.33%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Activity

In other news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on TMUS shares. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of T-Mobile US in a research report on Wednesday. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Wednesday. KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target for the company. in a research note on Thursday, December 12th. Finally, Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a research note on Wednesday. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.