T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,580 shares of the Wireless communications provider’s stock after selling 50 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in T-Mobile US were worth $569,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TMUS. DT Investment Partners LLC boosted its position 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 worth $25,000 after purchasing an additional 47 shares in the last quarter. Dunhill Financial LLC boosted its position in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares in the last quarter. Financial Life Planners acquired a new stake in shares of T-Mobile US in the 4th quarter worth $29,000. Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the 3rd quarter worth $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 in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $265.17 on Friday. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $271.41. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $302.76 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The stock’s 50-day moving average price is $230.98 and its 200-day moving average price is $221.21.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Activity

In related news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares in the company, valued at $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have sold 3,100 shares of company stock worth $747,378 in the last ninety days. Company insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Bank of America raised their price objective on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Morgan Stanley began coverage on T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price for the company. Tigress Financial raised their target price on T-Mobile US from $280.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. raised their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.79.

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.