Moody Lynn & Lieberson LLC Lowers Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Moody Lynn & Lieberson LLC lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,011 shares of the Wireless communications provider’s stock after selling 125 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in T-Mobile US were worth $223,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Scientech Research LLC bought a new position in shares of T-Mobile US during the 2nd quarter valued at about $497,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of T-Mobile US in the second quarter worth about $863,000. Kathmere Capital Management LLC bought a new position in T-Mobile US during the second quarter valued at approximately $233,000. Nemes Rush Group LLC grew its holdings in T-Mobile US by 201.6% during the 2nd quarter. Nemes Rush Group LLC now owns 733 shares of the Wireless communications provider’s stock valued at $129,000 after buying an additional 490 shares in the last quarter. Finally, Silver Lake Advisory LLC bought a new stake in T-Mobile US in the 2nd quarter worth approximately $354,000. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TMUS shares. Citigroup raised their target price on shares of T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a report on Monday, October 21st. TD Cowen boosted their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Morgan Stanley began coverage on shares of T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target for the company. Oppenheimer boosted their price objective on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group lifted their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.74.

Insiders Place Their Bets

In other news, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the transaction, the director now directly owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This trade represents a 7.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $1,015,300. This trade represents a 71.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 144,200 shares of company stock worth $32,736,303 in the last three months. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 1.2 %

Shares of NASDAQ TMUS opened at $218.57 on Monday. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The firm has a market cap of $253.65 billion, a PE ratio of 24.92, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56. The business has a fifty day simple moving average of $226.93 and a two-hundred day simple moving average of $211.85. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 40.14%.

T-Mobile US 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.