Capital Analysts LLC Cuts Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Capital Analysts LLC reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,292 shares of the Wireless communications provider’s stock after selling 142 shares during the quarter. Capital Analysts LLC’s holdings in T-Mobile US were worth $4,258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rakuten Securities Inc. boosted its holdings in T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 62 shares in the last quarter. CoreFirst Bank & Trust purchased a new position in shares of T-Mobile US in the 4th quarter worth about $28,000. Financial Life Planners bought a new position in T-Mobile US in the 4th quarter worth about $29,000. Bruce G. Allen Investments LLC grew its position in T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after purchasing an additional 73 shares during the last quarter. Finally, Albion Financial Group UT bought a new stake in T-Mobile US during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Down 11.2 %

NASDAQ TMUS opened at $232.77 on Friday. T-Mobile US, Inc. has a 52 week low of $160.62 and a 52 week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $264.58 billion, a P/E ratio of 24.07, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The stock’s 50-day moving average price is $260.36 and its 200-day moving average price is $240.57.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, equities research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.67% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on TMUS shares. Barclays upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. HSBC cut T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective on the stock. in a research report on Wednesday, March 5th. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Royal Bank of Canada upped their price target on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a report on Friday, March 21st. Finally, Oppenheimer lifted their price objective on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.80.

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.