T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Trust Investment Advisors

Trust Investment Advisors trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,074 shares of the Wireless communications provider’s stock after selling 47 shares during the quarter. Trust Investment Advisors’ holdings in T-Mobile US were worth $237,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Dunhill Financial LLC grew its position in T-Mobile US by 76.7% in the third 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 period. Rakuten Securities Inc. lifted 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 buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US during the 4th quarter worth about $28,000. Financial Life Planners purchased a new position in shares of T-Mobile US in the 4th quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US during the third quarter worth approximately $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $258.75 on Wednesday. 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’s 50 day moving average is $249.99 and its two-hundred day moving average is $231.69. T-Mobile US, Inc. has a twelve month low of $159.14 and a twelve month high of $276.49. The firm has a market capitalization of $295.43 billion, a PE ratio of 26.76, a P/E/G ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly 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 return on equity of 18.09% and a net margin of 13.93%. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued 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 dividend yield of 1.36%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Analyst Upgrades and Downgrades

TMUS has been the topic of several recent analyst reports. Oppenheimer increased their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. JPMorgan Chase & Co. lifted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 18th. 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 note on Wednesday, March 5th. Barclays lifted their target price on 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, Citigroup cut T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price for the company. in a research report on Friday, March 14th. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average target price of $255.80.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction that occurred 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 owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.67% of the stock is owned by insiders.

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.