RAM Investment Partners LLC Sells 156 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

RAM Investment Partners LLC reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 10.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,331 shares of the Wireless communications provider’s stock after selling 156 shares during the quarter. RAM Investment Partners LLC’s holdings in T-Mobile US were worth $234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TMUS. International Assets Investment Management LLC raised its holdings in shares of T-Mobile US by 10,134.7% during the fourth quarter. International Assets Investment Management LLC now owns 33,365 shares of the Wireless communications provider’s stock valued at $5,349,000 after purchasing an additional 33,039 shares during the period. Legacy Capital Wealth Partners LLC raised its holdings in shares of T-Mobile US by 11.6% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 1,861 shares of the Wireless communications provider’s stock valued at $298,000 after purchasing an additional 194 shares during the last quarter. Blue Chip Partners LLC bought a new position in shares of T-Mobile US during the 4th quarter worth approximately $102,000. Mather Group LLC. grew its stake in T-Mobile US by 3.7% in the 4th quarter. Mather Group LLC. now owns 3,843 shares of the Wireless communications provider’s stock valued at $616,000 after purchasing an additional 136 shares during the period. Finally, Guyasuta Investment Advisors Inc. raised its position in T-Mobile US by 3.6% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 2,142 shares of the Wireless communications provider’s stock worth $343,000 after acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Barclays upped their price target on shares of T-Mobile US from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, August 1st. Benchmark upped their price target on shares of T-Mobile US from $200.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Evercore ISI raised T-Mobile US to a “hold” rating in a research report on Thursday, August 1st. StockNews.com raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. Finally, Sanford C. Bernstein raised T-Mobile US to a “strong-buy” rating in a research report on Wednesday, July 31st. One analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $198.63.

T-Mobile US Stock Down 0.7 %

Shares of TMUS traded down $1.36 during trading hours on Friday, hitting $198.72. The company had a trading volume of 3,915,141 shares, compared to its average volume of 4,642,973. The company’s fifty day moving average price is $185.65 and its two-hundred day moving average price is $172.41. The company has a current ratio of 0.84, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a one year low of $132.40 and a one year high of $205.28. The company has a market capitalization of $232.87 billion, a PE ratio of 27.04, a price-to-earnings-growth ratio of 0.76 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.22. The company had revenue of $19.77 billion for the quarter, compared to the consensus estimate of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. T-Mobile US’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 EPS. As a group, equities analysts forecast that T-Mobile US, Inc. will post 9.05 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s payout ratio is 35.37%.

Insider Transactions at T-Mobile US

In related news, Director Raul Marcelo Claure sold 2,706 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $200.11, for a total transaction of $541,497.66. Following the completion of the sale, the director now directly owns 1,826,204 shares in the company, valued at $365,441,682.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $177.59, for a total transaction of $532,770.00. Following the sale, the insider now owns 122,687 shares of the company’s stock, valued at approximately $21,787,984.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Raul Marcelo Claure sold 2,706 shares of T-Mobile US stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $200.11, for a total value of $541,497.66. Following the sale, the director now owns 1,826,204 shares in the company, valued at approximately $365,441,682.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,034,062 shares of company stock valued at $363,689,766. Corporate insiders own 0.67% of the company’s stock.

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.