T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 249,945 shares of the Wireless communications provider’s stock after selling 6,995 shares during the quarter. Asset Management One Co. Ltd.’s holdings in T-Mobile US were worth $55,743,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Avestar Capital LLC lifted its stake in shares of T-Mobile US by 6.2% in the fourth quarter. Avestar Capital LLC now owns 4,715 shares of the Wireless communications provider’s stock valued at $1,041,000 after purchasing an additional 274 shares during the period. MGB Wealth Management LLC grew its position in T-Mobile US by 14.5% during the fourth quarter. MGB Wealth Management LLC now owns 3,131 shares of the Wireless communications provider’s stock worth $691,000 after buying an additional 397 shares during the period. Hemington Wealth Management increased its holdings in T-Mobile US by 10.4% in the fourth quarter. Hemington Wealth Management now owns 521 shares of the Wireless communications provider’s stock valued at $115,000 after buying an additional 49 shares in the last quarter. Warren Street Wealth Advisors LLC lifted its position in shares of T-Mobile US by 4.3% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock valued at $252,000 after acquiring an additional 47 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of T-Mobile US during the 4th quarter worth approximately $559,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TMUS has been the subject of several research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a research note on Tuesday, January 28th. The Goldman Sachs Group raised 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. Morgan Stanley began coverage on shares of T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price objective on the stock. Raymond James downgraded shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Finally, Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

Insiders Place Their Bets

In related news, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction on Monday, December 9th. The shares were bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now owns 3,808 shares of the company’s stock, valued at $897,621.76. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 3,100 shares of company stock worth $747,378 over the last three months. 0.67% of the stock is owned by insiders.

T-Mobile US Trading Up 3.8 %

Shares of T-Mobile US stock opened at $265.08 on Friday. The firm has a market cap of $302.65 billion, a PE ratio of 27.41, a P/E/G ratio of 1.44 and a beta of 0.56. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $266.00. The business’s fifty day moving average is $226.70 and its two-hundred day moving average is $217.39.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is currently 36.40%.

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.