Cozad Asset Management Inc. Has $4.91 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Cozad Asset Management Inc. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,254 shares of the Wireless communications provider’s stock after selling 766 shares during the quarter. Cozad Asset Management Inc.’s holdings in T-Mobile US were worth $4,912,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Counterpoint Mutual Funds LLC bought a new position in T-Mobile US in the 4th quarter valued at about $1,087,000. Signaturefd LLC grew its holdings in shares of T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock valued at $2,499,000 after purchasing an additional 41 shares during the last quarter. Parallel Advisors LLC grew its holdings in T-Mobile US by 1.7% during the 4th quarter. Parallel Advisors LLC now owns 12,342 shares of the Wireless communications provider’s stock worth $2,724,000 after acquiring an additional 202 shares during the last quarter. Cibc World Markets Corp grew its holdings in T-Mobile US by 3.8% during the 4th quarter. Cibc World Markets Corp now owns 183,152 shares of the Wireless communications provider’s stock worth $40,427,000 after acquiring an additional 6,733 shares during the last quarter. Finally, SouthState Corp grew its holdings in T-Mobile US by 13.8% during the 4th quarter. SouthState Corp now owns 6,731 shares of the Wireless communications provider’s stock worth $1,486,000 after acquiring an additional 817 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on TMUS. HSBC lowered shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 target price on the stock. in a report on Wednesday, March 5th. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target on the stock. in a research report on Friday. Scotiabank boosted their price target on shares of T-Mobile US from $247.00 to $275.00 and gave the stock a “sector perform” rating in a research report on Monday, March 3rd. 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. Finally, Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price on the stock. Ten equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $254.80.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $255.98 on Monday. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $276.49. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The firm has a market cap of $292.26 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 1.55 and a beta of 0.64. The company has a fifty day moving average price of $243.67 and a 200-day moving average price of $228.70.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results 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%. As a group, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.38%. T-Mobile US’s payout ratio is 36.40%.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.67% of the company’s stock.

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.