WESPAC Advisors LLC Sells 789 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

WESPAC Advisors LLC decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 34.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,499 shares of the Wireless communications provider’s stock after selling 789 shares during the quarter. WESPAC Advisors LLC’s holdings in T-Mobile US were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of TMUS. DT Investment Partners LLC lifted its position in 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 purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC lifted its position in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. Financial Life Planners bought a new stake in T-Mobile US in the fourth quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new stake in T-Mobile US in the third quarter valued at approximately $34,000. Finally, Planning Capital Management Corp lifted its position in 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 valued at $36,000 after purchasing an additional 101 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on TMUS shares. Wells Fargo & Company boosted their price objective on T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research report on Thursday, January 30th. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Tigress Financial boosted their price objective on T-Mobile US from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Royal Bank of Canada boosted their target price on T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a research note on Thursday, January 30th. Finally, Oppenheimer boosted their target price on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Seven 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 company’s stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Price Performance

Shares of TMUS stock opened at $265.17 on Friday. The stock has a market cap of $302.76 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.55 and a beta of 0.56. The business’s fifty day moving average is $230.98 and its 200 day moving average is $221.42. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month 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.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results 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 return on equity of 18.09% and a net margin of 13.93%. Research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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

Insider Transactions at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 3,100 shares of company stock valued at $747,378. Insiders own 0.67% of the company’s stock.

T-Mobile US 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.