T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 9.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,871 shares of the Wireless communications provider’s stock after selling 481 shares during the period. Level Four Advisory Services LLC’s holdings in T-Mobile US were worth $1,075,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of TMUS. denkapparat Operations GmbH purchased a new stake in T-Mobile US during the 4th quarter worth about $519,000. Orion Portfolio Solutions LLC increased its stake in shares of T-Mobile US by 8.3% during the fourth quarter. Orion Portfolio Solutions LLC now owns 21,564 shares of the Wireless communications provider’s stock worth $4,760,000 after buying an additional 1,647 shares during the period. Broadway Wealth Solutions Inc. acquired a new stake in T-Mobile US in the fourth quarter valued at approximately $310,000. New Age Alpha Advisors LLC lifted its stake in T-Mobile US by 51,463.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 57,751 shares of the Wireless communications provider’s stock worth $12,747,000 after acquiring an additional 57,639 shares during the last quarter. Finally, Norges Bank acquired a new position in T-Mobile US during the 4th quarter worth approximately $1,802,393,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TMUS shares. Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. HSBC downgraded T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Benchmark reiterated a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a report on Thursday. JPMorgan Chase & Co. raised their target price on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $256.80.

Insiders Place Their Bets

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.67% of the stock is currently owned by insiders.

T-Mobile US Price Performance

T-Mobile US stock opened at $264.93 on Friday. 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 business has a 50 day simple moving average of $252.92 and a 200-day simple moving average of $232.89. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month high of $276.49. The stock has a market capitalization of $302.48 billion, a PE ratio of 27.40, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates 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 predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is presently 36.40%.

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.