Boston Common Asset Management LLC Has $26.41 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Boston Common Asset Management LLC lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 119,636 shares of the Wireless communications provider’s stock after selling 8,381 shares during the period. Boston Common Asset Management LLC’s holdings in T-Mobile US were worth $26,407,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. DT Investment Partners LLC boosted its stake in shares of 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 valued at $25,000 after purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC boosted its stake in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares during the last quarter. MFA Wealth Advisors LLC grew its holdings 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 period. Legacy Investment Solutions LLC acquired a new position in shares of T-Mobile US in the 3rd quarter valued at $34,000. Finally, Planning Capital Management Corp boosted its position in shares of T-Mobile US by 134.7% in the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $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, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the transaction, the director now directly owns 1,441,204 shares in the company, valued at $323,262,057.20. The trade was a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Peter Osvaldik sold 20,000 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the transaction, the chief financial officer now directly owns 61,307 shares in the company, valued at $14,318,249.85. The trade was a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 164,200 shares of company stock worth $37,407,303 over the last 90 days. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 1.3 %

Shares of T-Mobile US stock traded up $2.74 on Friday, reaching $218.49. 666,592 shares of the company were exchanged, compared to its average volume of 3,368,713. The company has a market capitalization of $253.56 billion, a price-to-earnings ratio of 24.89, a PEG ratio of 1.05 and a beta of 0.56. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. The company has a 50-day moving average of $229.57 and a 200 day moving average of $209.94.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.82 earnings per share. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.31 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 40.14%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TMUS. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. KeyCorp lowered shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a research note on Thursday, December 12th. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Bank of America lifted their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, UBS Group upped their price objective on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.74.

About T-Mobile US

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.