Capital Wealth Planning LLC Decreases Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Capital Wealth Planning LLC lessened its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 55.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,323 shares of the Wireless communications provider’s stock after selling 1,658 shares during the quarter. Capital Wealth Planning LLC’s holdings in T-Mobile US were worth $292,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC raised its position in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares during the period. Gladstone Institutional Advisory LLC purchased a new stake in shares of T-Mobile US during the 4th quarter valued at approximately $1,552,000. Trust Co. of Vermont raised its position in shares of T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock valued at $5,954,000 after buying an additional 2,865 shares during the period. Swedbank AB raised its position in shares of T-Mobile US by 5.1% during the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after buying an additional 12,411 shares during the period. Finally, Rice Partnership LLC purchased a new stake in shares of T-Mobile US during the 4th quarter valued at approximately $7,678,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In related news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction 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 sale, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares of the company’s stock, valued at $897,621.76. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

TMUS has been the topic of several analyst reports. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday. Scotiabank lifted their target price on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Bank of America lifted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Barclays lifted their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Finally, Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Price Performance

T-Mobile US stock opened at $269.69 on Friday. The stock has a market cap of $307.92 billion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company has a fifty day simple moving average of $235.52 and a 200-day simple moving average of $223.99. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $273.40. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

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

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.31%. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.

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.