T-Mobile US, Inc. (NASDAQ:TMUS) Stock Holdings Lowered by Blue Trust Inc.

Blue Trust Inc. trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,962 shares of the Wireless communications provider’s stock after selling 124 shares during the period. Blue Trust Inc.’s holdings in T-Mobile US were worth $647,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Private Wealth Management Group LLC purchased a new position in shares of T-Mobile US in the fourth quarter worth approximately $27,000. Valley National Advisers Inc. boosted its position in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 123 shares during the period. Westside Investment Management Inc. raised its position in T-Mobile US by 75.8% during the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 75 shares during the period. Baker Avenue Asset Management LP lifted its stake in T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 81 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC acquired a new stake in T-Mobile US during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on TMUS shares. Royal Bank of Canada raised their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a research note on Monday, July 1st. They issued a “buy” rating and a $200.00 price target on the stock. Citigroup lifted their price objective on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research report on Monday, March 25th. StockNews.com lowered T-Mobile US from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Oppenheimer reiterated an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. One research analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Buy” and an average price target of $190.79.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $177.59, for a total value of $532,770.00. Following the completion of the sale, the insider now owns 122,687 shares in the company, valued at approximately $21,787,984.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $177.59, for a total transaction of $532,770.00. Following the completion of the transaction, the insider now directly owns 122,687 shares of the company’s stock, valued at approximately $21,787,984.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Dara Bazzano sold 4,300 shares of the company’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $179.78, for a total transaction of $773,054.00. Following the completion of the sale, the chief accounting officer now directly owns 6,202 shares in the company, valued at approximately $1,114,995.56. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,210,160 shares of company stock worth $1,041,105,611. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock traded up $0.78 during trading on Friday, reaching $179.24. The company’s stock had a trading volume of 3,256,517 shares, compared to its average volume of 5,352,879. The business’s fifty day moving average price is $171.39 and its 200-day moving average price is $165.21. T-Mobile US, Inc. has a one year low of $131.47 and a one year high of $182.67. The firm has a market cap of $210.04 billion, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 0.70 and a beta of 0.51. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping 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 company had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period in the previous year, the company earned $1.58 earnings per share. The company’s quarterly revenue was down .2% compared to the same quarter last year. As a group, equities research analysts predict that T-Mobile US, Inc. will post 9.01 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio is currently 35.37%.

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.