Vickerman Investment Advisors Inc. Sells 494 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vickerman Investment Advisors Inc. reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.9% during the 4th quarter, HoldingsChannel reports. The firm owned 16,543 shares of the Wireless communications provider’s stock after selling 494 shares during the quarter. T-Mobile US makes up approximately 1.0% of Vickerman Investment Advisors Inc.’s holdings, making the stock its 26th biggest holding. Vickerman Investment Advisors Inc.’s holdings in T-Mobile US were worth $3,652,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Wellington Management Group LLP grew its stake in shares of T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after purchasing an additional 602,786 shares during the period. FMR LLC grew its position in T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after acquiring an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. grew its position in T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after acquiring an additional 590,711 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in T-Mobile US by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider’s stock worth $712,966,000 after acquiring an additional 85,012 shares during the last quarter. Finally, Barclays PLC grew its position in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after acquiring an additional 876,182 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on TMUS. Morgan Stanley began coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price target on the stock. Citigroup lowered T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target on the stock. in a research report on Friday, March 14th. Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Hsbc Global Res lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Finally, Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Ten research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus target price of $255.05.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Stock Performance

TMUS stock opened at $257.03 on Friday. The business’s fifty day moving average is $247.29 and its 200-day moving average is $229.96. 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 company has a market cap of $293.46 billion, a P/E ratio of 26.58, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is presently 36.40%.

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.