Stephens Inc. AR Sells 722 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Stephens Inc. AR reduced its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,326 shares of the Wireless communications provider’s stock after selling 722 shares during the period. Stephens Inc. AR’s holdings in T-Mobile US were worth $2,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of TMUS. DT Investment Partners LLC grew its position in T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the period. Dunhill Financial LLC boosted its stake in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the last quarter. MFA Wealth Advisors LLC grew its position in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the period. Financial Life Planners bought a new position in T-Mobile US in the 4th quarter worth $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in T-Mobile US during the third quarter valued at $34,000. Institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TMUS shares. Barclays raised their price objective on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. KeyCorp downgraded shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a research report on Thursday, December 12th. Oppenheimer increased their price target on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Finally, The Goldman Sachs Group boosted their price objective 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. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $251.79.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the transaction, the director now directly owns 4,021 shares in the company, valued at approximately $989,166. This represents a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Andre Almeida acquired 3,808 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, 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 a total of 3,100 shares of company stock valued at $747,378 over the last 90 days. Insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 1.1 %

TMUS opened at $258.70 on Wednesday. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $259.46. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a 50-day moving average of $226.18 and a 200 day moving average of $216.54. The firm has a market cap of $295.37 billion, a P/E ratio of 26.75, a P/E/G ratio of 1.44 and a beta of 0.56.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.

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.