Sentry Investment Management LLC Has $437,000 Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Sentry Investment Management LLC lowered its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 14.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,978 shares of the Wireless communications provider’s stock after selling 322 shares during the period. Sentry Investment Management LLC’s holdings in T-Mobile US were worth $437,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of 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 valued at $653,160,000 after acquiring an additional 876,182 shares in the last quarter. International Assets Investment Management LLC grew its stake in T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock valued at $51,586,000 after purchasing an additional 248,828 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new position in shares of T-Mobile US during the 4th quarter worth approximately $1,552,000. Trust Co. of Vermont raised its stake in shares of T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after purchasing an additional 2,865 shares in the last quarter. Finally, Swedbank AB boosted its holdings in shares of T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after buying an additional 12,411 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,100 shares of company stock worth $747,378. Company insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $268.13 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $306.14 billion, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $273.40. The company has a 50-day simple moving average of $231.76 and a two-hundred day simple moving average of $222.17.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating 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%. Analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

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 given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is currently 36.40%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Benchmark restated a “buy” rating and set a $255.00 target price on shares of T-Mobile US in a report on Tuesday, January 28th. Scotiabank boosted their price objective on shares of T-Mobile US from $234.00 to $247.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 30th. KeyCorp downgraded shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price for the company. in a research note on Thursday, December 12th. Oppenheimer boosted their price target on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. raised their price objective on T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average 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.