Mount Yale Investment Advisors LLC Decreases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Mount Yale Investment Advisors LLC trimmed its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,016 shares of the Wireless communications provider’s stock after selling 1,153 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in T-Mobile US were worth $3,094,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. DT Investment Partners LLC boosted its stake in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares during the period. Dunhill Financial LLC boosted its position in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 56 shares during the period. MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares during the period. Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the third quarter valued at approximately $34,000. Finally, Planning Capital Management Corp raised its holdings in shares of T-Mobile US by 134.7% in the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after buying an additional 101 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 1.2 %

NASDAQ:TMUS opened at $218.57 on Monday. The firm has a 50 day moving average of $226.93 and a 200 day moving average of $212.07. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15. The stock has a market capitalization of $253.65 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 1.08 and a beta of 0.56.

T-Mobile US Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Wells Fargo & Company downgraded T-Mobile US from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $240.00 to $220.00 in a research report on Monday, January 6th. Oppenheimer raised their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Royal Bank of Canada lowered shares of T-Mobile US from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from $255.00 to $240.00 in a report on Monday, January 6th. Barclays upped their target price on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Finally, TD Cowen lifted their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $245.74.

Insider Buying and Selling

In other news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction on Monday, November 11th. The shares were sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the sale, the chief executive officer now directly owns 378,124 shares in the company, valued at approximately $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 completion of the transaction, the director now directly owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. The trade was a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 144,200 shares of company stock worth $32,736,303 in the last ninety days. 0.67% of the stock is owned by insiders.

T-Mobile US Company 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.