Kintegral Advisory LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,305 shares of the Wireless communications provider’s stock after selling 200 shares during the quarter. Kintegral Advisory LLC’s holdings in T-Mobile US were worth $950,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the stock. DT Investment Partners LLC raised its position in shares of 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 last quarter. Dunhill Financial LLC grew its position in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after buying an additional 56 shares in the last quarter. Financial Life Planners bought a new position in T-Mobile US during the fourth quarter valued at about $29,000. Legacy Investment Solutions LLC acquired a new position in T-Mobile US in the 3rd quarter valued at approximately $34,000. Finally, Bruce G. Allen Investments LLC lifted its position in shares of T-Mobile US by 79.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 73 shares during the period. 42.49% of the stock is owned by institutional investors.
T-Mobile US Stock Down 0.1 %
Shares of NASDAQ TMUS opened at $265.17 on Friday. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $271.41. The firm’s 50-day simple moving average is $230.98 and its 200 day simple moving average is $221.42. 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 company has a market cap of $302.76 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56.
T-Mobile US Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. T-Mobile US’s payout ratio is 36.40%.
Insider Activity
In other news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the transaction, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andre Almeida purchased 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were acquired at an average price of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 3,100 shares of company stock valued at $747,378. Company insiders own 0.67% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on TMUS. Bank of America boosted their price objective on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. boosted their price target on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Scotiabank raised their price objective on shares of T-Mobile US from $234.00 to $247.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. Morgan Stanley started coverage on shares of T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. Finally, Royal Bank of Canada raised their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 30th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus target price of $251.79.
Get Our Latest Stock Report on TMUS
About T-Mobile US
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.
Read More
- Five stocks we like better than T-Mobile US
- 3 Stocks to Consider Buying in October
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- DuPont’s Electronics Spinoff: The Start of Something Big
- How to Find Undervalued Stocks
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS – Free Report).
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.