Calamos Wealth Management LLC Lowers Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Calamos Wealth Management LLC lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 22.1% during the 4th quarter, Holdings Channel reports. The firm owned 51,109 shares of the Wireless communications provider’s stock after selling 14,488 shares during the period. Calamos Wealth Management LLC’s holdings in T-Mobile US were worth $11,281,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TMUS. FMR LLC boosted its holdings in shares of T-Mobile US by 13.4% in the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after acquiring an additional 1,522,394 shares in the last quarter. Barclays PLC grew its position in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after purchasing an additional 876,182 shares during the period. Wellington Management Group LLP boosted its holdings 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 last quarter. Franklin Resources Inc. grew its holdings in shares of 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 purchasing an additional 590,711 shares during the period. Finally, Nordea Investment Management AB grew its stake in shares of T-Mobile US by 36.9% in the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock valued at $324,960,000 after buying an additional 397,345 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, EVP Nestor Cano sold 11,100 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at $1,015,300. This trade represents a 71.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the sale, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 34,200 shares of company stock worth $8,063,303. Insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $238.10 on Tuesday. 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 firm has a market cap of $276.31 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56. The company’s fifty day simple moving average is $226.22 and its two-hundred day simple moving average is $213.75. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15.

T-Mobile US (NASDAQ:TMUS) last announced its 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 net margin of 13.93% and a return on equity of 18.09%. As a group, equities analysts expect that T-Mobile US, Inc. will post 10.18 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.48%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Analysts Set New Price Targets

TMUS has been the subject of several research analyst reports. Royal Bank of Canada boosted their target price on shares of T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 30th. The Goldman Sachs Group lifted their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. TD Cowen upped their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Morgan Stanley assumed coverage on T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. Finally, KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price on the stock. in a research report on Thursday, December 12th. Seven investment 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 stock. According to data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $251.26.

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.