T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by BTC Capital Management Inc.

BTC Capital Management Inc. lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 32,748 shares of the Wireless communications provider’s stock after selling 837 shares during the quarter. BTC Capital Management Inc.’s holdings in T-Mobile US were worth $7,214,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in TMUS. KPP Advisory Services LLC grew its holdings in T-Mobile US by 2.6% during the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after acquiring an additional 45 shares during the period. DT Investment Partners LLC lifted its position in shares of T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares in the last quarter. Relyea Zuckerberg Hanson LLC lifted its position in shares of T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after acquiring an additional 48 shares in the last quarter. Old North State Trust LLC lifted its position in T-Mobile US by 1.4% during the third quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock worth $751,000 after buying an additional 50 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in T-Mobile US by 1.5% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider’s stock worth $735,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

TMUS stock opened at $234.37 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a 50 day moving average price of $226.32 and a 200 day moving average price of $212.97. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The stock has a market capitalization of $271.98 billion, a PE ratio of 24.24, a price-to-earnings-growth ratio of 1.17 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.00%. Analysts forecast that T-Mobile US, Inc. will post 10.15 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is 36.40%.

Insider Buying and Selling at T-Mobile US

In related news, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total value of $2,561,325.00. Following the completion of the sale, the executive vice president now owns 4,400 shares in the company, valued at $1,015,300. This represents a 71.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 transaction of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares of the company’s stock, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 144,200 shares of company stock worth $32,736,303. Insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Royal Bank of Canada raised their price objective on T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a research note on Thursday. UBS Group increased their target price on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Morgan Stanley assumed coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Finally, The Goldman Sachs Group lifted their price target on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Seven research 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $248.89.

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.