Quilter Plc Sells 8,793 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Quilter Plc lowered its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 427,973 shares of the Wireless communications provider’s stock after selling 8,793 shares during the period. T-Mobile US accounts for about 1.9% of Quilter Plc’s investment portfolio, making the stock its 20th largest position. Quilter Plc’s holdings in T-Mobile US were worth $94,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. DT Investment Partners LLC raised its position in shares of T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the last quarter. Dunhill Financial LLC raised its position in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 56 shares during the last quarter. MFA Wealth Advisors LLC increased its position in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares during the last quarter. Financial Life Planners bought a new stake in T-Mobile US in the fourth quarter worth $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in T-Mobile US in the third quarter worth $34,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total transaction of $246,000.00. Following the completion of the transaction, the director now directly owns 4,021 shares of the company’s stock, valued at $989,166. The trade was a 19.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Down 0.4 %

Shares of T-Mobile US stock opened at $246.24 on Monday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $250.50. The firm’s 50-day moving average is $225.96 and its two-hundred day moving average is $215.70. The stock has a market cap of $281.14 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate 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, research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Wall Street Analyst Weigh In

TMUS has been the topic of several research reports. Oppenheimer boosted their price target 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. Raymond James cut shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. The Goldman Sachs Group boosted their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Citigroup lifted their price objective on shares of T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Seven equities 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. According to data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $251.79.

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.