Knights of Columbus Asset Advisors LLC Sells 5,409 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Knights of Columbus Asset Advisors LLC decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,381 shares of the Wireless communications provider’s stock after selling 5,409 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in T-Mobile US were worth $6,265,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in TMUS. Dunhill Financial LLC raised its holdings in 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 purchasing an additional 56 shares during the last quarter. Rakuten Securities Inc. raised its holdings in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 62 shares during the last quarter. Financial Life Planners bought a new position in T-Mobile US during the 4th quarter worth approximately $29,000. Legacy Investment Solutions LLC bought a new position in T-Mobile US during the 3rd quarter worth approximately $34,000. Finally, Bruce G. Allen Investments LLC raised its holdings in T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of several analyst reports. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Oppenheimer raised their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. HSBC downgraded shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective for the company. in a research report on Wednesday, March 5th. Barclays raised their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Ten equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $255.80.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

TMUS opened at $255.84 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company has a market capitalization of $292.10 billion, a price-to-earnings ratio of 26.46, a P/E/G ratio of 1.55 and a beta of 0.64. The firm’s fifty day moving average price is $248.19 and its two-hundred day moving average price is $230.36. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data 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%. As a group, analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

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.