Darwin Wealth Management LLC Sells 1,965 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Darwin Wealth Management LLC reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,284 shares of the Wireless communications provider’s stock after selling 1,965 shares during the quarter. Darwin Wealth Management LLC’s holdings in T-Mobile US were worth $3,252,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of TMUS. Verdence Capital Advisors LLC boosted its position in shares of T-Mobile US by 11.7% in the third quarter. Verdence Capital Advisors LLC now owns 2,384 shares of the Wireless communications provider’s stock valued at $334,000 after acquiring an additional 249 shares during the period. BluePath Capital Management LLC bought a new position in T-Mobile US in the third quarter worth $26,000. Mackenzie Financial Corp lifted its position in T-Mobile US by 9.3% in the third quarter. Mackenzie Financial Corp now owns 206,956 shares of the Wireless communications provider’s stock worth $28,235,000 after purchasing an additional 17,596 shares during the period. NBT Bank N A NY bought a new position in T-Mobile US in the third quarter worth $210,000. Finally, Chicago Partners Investment Group LLC lifted its position in T-Mobile US by 3.1% in the third quarter. Chicago Partners Investment Group LLC now owns 13,118 shares of the Wireless communications provider’s stock worth $1,807,000 after purchasing an additional 395 shares during the period. 42.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. KeyCorp raised their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Tigress Financial increased their price objective on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Wells Fargo & Company increased their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. Raymond James increased their price objective on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Finally, Oppenheimer reiterated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $186.33.

Insider Activity

In other news, insider Callie R. Field sold 5,844 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Michael J. Katz sold 3,000 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $163.22, for a total transaction of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares of the company’s stock, valued at $20,514,632.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now directly owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,531,917 shares of company stock valued at $1,061,772,064. Company insiders own 0.70% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock traded down $0.83 during trading on Friday, reaching $163.85. 735,227 shares of the company’s stock were exchanged, compared to its average volume of 4,529,758. The firm’s fifty day moving average price is $162.59 and its 200-day moving average price is $158.37. The stock has a market capitalization of $192.01 billion, a PE ratio of 22.41, a PEG ratio of 0.64 and a beta of 0.48. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. During the same period in the prior year, the company posted $1.58 EPS. The company’s revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.01 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.59%. T-Mobile US’s payout ratio is 35.37%.

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.