Lincoln Capital Corp Has $6.96 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Lincoln Capital Corp cut its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,533 shares of the Wireless communications provider’s stock after selling 697 shares during the period. T-Mobile US comprises about 2.9% of Lincoln Capital Corp’s investment portfolio, making the stock its 10th biggest position. Lincoln Capital Corp’s holdings in T-Mobile US were worth $6,960,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Barclays PLC boosted its holdings in 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 worth $653,160,000 after buying an additional 876,182 shares during the period. International Assets Investment Management LLC lifted its position in shares of 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 acquiring an additional 248,828 shares in the last quarter. Trust Co. of Vermont boosted its stake in shares of T-Mobile US by 11.9% in the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after acquiring an additional 2,865 shares during the period. Swedbank AB grew its position in shares of T-Mobile US by 5.1% during the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock worth $52,631,000 after purchasing an additional 12,411 shares in the last quarter. Finally, Passumpsic Savings Bank bought a new stake in T-Mobile US during the 3rd quarter valued at approximately $2,634,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was 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 in the company, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 144,200 shares of company stock worth $32,736,303. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $216.04 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The firm has a market cap of $250.71 billion, a PE ratio of 24.63, a P/E/G ratio of 1.08 and a beta of 0.56. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The stock has a fifty day moving average price of $227.70 and a 200-day moving average price of $211.31.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data 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. The firm had revenue of $20.16 billion for the quarter, compared to the consensus estimate 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 in the prior year, the company posted $1.82 earnings per share. Equities research analysts predict that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, February 28th. T-Mobile US’s payout ratio is 40.14%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TMUS shares. BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. Scotiabank lifted their price target on shares of T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Tigress Financial increased their price objective on shares of T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Wells Fargo & Company cut T-Mobile US from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $240.00 to $220.00 in a report on Monday, January 6th. Finally, Daiwa America raised T-Mobile US to a “hold” rating in a research note on Friday, October 25th. 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 stock. According to data from MarketBeat.com, T-Mobile US currently 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.