T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by AGF Management Ltd.

AGF Management Ltd. decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,012,403 shares of the Wireless communications provider’s stock after selling 36,391 shares during the period. T-Mobile US makes up 1.1% of AGF Management Ltd.’s portfolio, making the stock its 19th biggest position. AGF Management Ltd. owned about 0.09% of T-Mobile US worth $223,468,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GC Wealth Management RIA LLC lifted its position in T-Mobile US by 14.3% in the 4th quarter. GC Wealth Management RIA LLC now owns 12,703 shares of the Wireless communications provider’s stock worth $2,804,000 after buying an additional 1,592 shares in the last quarter. Sage Mountain Advisors LLC increased its position in shares of T-Mobile US by 14.1% during the fourth quarter. Sage Mountain Advisors LLC now owns 3,242 shares of the Wireless communications provider’s stock valued at $716,000 after purchasing an additional 401 shares during the period. Net Worth Advisory Group grew its stake in T-Mobile US by 24.4% during the fourth quarter. Net Worth Advisory Group now owns 4,177 shares of the Wireless communications provider’s stock worth $922,000 after buying an additional 820 shares during the last quarter. Marathon Trading Investment Management LLC grew its position in T-Mobile US by 55.4% during the 4th quarter. Marathon Trading Investment Management LLC now owns 2,805 shares of the Wireless communications provider’s stock worth $619,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Independent Advisor Alliance boosted its stake in T-Mobile US by 13.4% in the fourth quarter. Independent Advisor Alliance now owns 43,447 shares of the Wireless communications provider’s stock worth $9,590,000 after purchasing an additional 5,145 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

T-Mobile US stock opened at $266.63 on Tuesday. 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 business’s 50 day simple moving average is $240.72 and its 200 day simple moving average is $227.13. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The company has a market cap of $304.42 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last announced 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 net margin of 13.93% and a return on equity of 18.09%. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid 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 1.32%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Royal Bank of Canada reissued a “sector perform” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Barclays increased their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, Oppenheimer increased their price target on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Nine research 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $254.10.

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.