T-Mobile US, Inc. $TMUS Shares Sold by WD Rutherford LLC

WD Rutherford LLC lowered its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,463 shares of the Wireless communications provider’s stock after selling 533 shares during the period. T-Mobile US accounts for 2.2% of WD Rutherford LLC’s investment portfolio, making the stock its 15th largest position. WD Rutherford LLC’s holdings in T-Mobile US were worth $4,876,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. grew its stake in T-Mobile US by 15.6% during the 1st quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider’s stock worth $81,000 after buying an additional 41 shares during the last quarter. Hohimer Wealth Management LLC grew its stake in T-Mobile US by 2.3% during the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock worth $480,000 after buying an additional 41 shares during the last quarter. Journey Strategic Wealth LLC grew its stake in T-Mobile US by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock worth $273,000 after buying an additional 41 shares during the last quarter. Angeles Wealth Management LLC grew its stake in T-Mobile US by 1.2% during the 1st quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock worth $888,000 after buying an additional 41 shares during the last quarter. Finally, City Holding Co. grew its stake in T-Mobile US by 45.3% during the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider’s stock worth $37,000 after buying an additional 43 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the firm’s stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the completion of the transaction, the director directly owned 647,660,844 shares of the company’s stock, valued at $154,195,093,739.52. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 2,595,472 shares of company stock valued at $625,997,723. Company insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on TMUS. Morgan Stanley increased their price objective on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Bank of America began coverage on T-Mobile US in a research report on Monday, July 7th. They set a “neutral” rating and a $255.00 price objective for the company. Royal Bank Of Canada increased their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research report on Friday, July 25th. Rothschild & Co Redburn raised T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective for the company in a research report on Monday, July 7th. Finally, KeyCorp reaffirmed an “underweight” rating and set a $200.00 price objective on shares of T-Mobile US in a research report on Wednesday, July 9th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $258.02.

T-Mobile US Stock Down 0.2%

TMUS opened at $237.47 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The business has a 50 day simple moving average of $244.96 and a 200-day simple moving average of $244.85. The stock has a market capitalization of $267.25 billion, a P/E ratio of 22.40, a P/E/G ratio of 1.30 and a beta of 0.61. T-Mobile US, Inc. has a 12 month low of $202.77 and a 12 month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating the consensus estimate of $2.69 by $0.15. The business had revenue of $21.13 billion during the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $2.49 EPS. On average, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, November 26th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio (DPR) is 38.49%.

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.