Analyst IMS Investment Management Services Ltd. Sells 326 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Analyst IMS Investment Management Services Ltd. decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.3% during the first quarter, Holdings Channel reports. The institutional investor owned 13,865 shares of the Wireless communications provider’s stock after selling 326 shares during the period. Analyst IMS Investment Management Services Ltd.’s holdings in T-Mobile US were worth $3,697,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of TMUS. Ancora Advisors LLC lifted its holdings in shares of T-Mobile US by 16.6% in the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider’s stock worth $57,000 after buying an additional 37 shares in the last quarter. Snowden Capital Advisors LLC grew its stake in T-Mobile US by 0.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider’s stock valued at $1,411,000 after acquiring an additional 40 shares in the last quarter. Signaturefd LLC increased its holdings in T-Mobile US by 0.4% in the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock valued at $2,499,000 after acquiring an additional 41 shares during the last quarter. Financial Management Professionals Inc. increased its holdings in T-Mobile US by 15.6% in the 1st quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider’s stock valued at $81,000 after acquiring an additional 41 shares during the last quarter. Finally, Continuum Advisory LLC lifted its stake in T-Mobile US by 0.7% in the 4th quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider’s stock worth $1,340,000 after purchasing an additional 43 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 4.1%

Shares of TMUS opened at $221.43 on Wednesday. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The company’s fifty day simple moving average is $245.30 and its 200-day simple moving average is $243.55. The company has a market cap of $251.42 billion, a P/E ratio of 21.60, a P/E/G ratio of 1.27 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. During the same period in the prior year, the company posted $2.00 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. As a group, analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Friday, August 29th. T-Mobile US’s dividend payout ratio is currently 34.34%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their price objective on T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a research report on Tuesday, March 18th. Benchmark restated a “buy” rating and set a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. 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 report on Wednesday, March 5th. Citigroup downgraded T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price for the company. in a research report on Friday, March 14th. Finally, Tigress Financial boosted their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research report on Tuesday, April 29th. Eleven analysts have rated the stock with a hold rating, eleven have issued 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 currently has an average rating of “Moderate Buy” and a consensus price target of $257.68.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the firm’s stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $230.16, for a total value of $16,074,374.40. Following the transaction, the director now owns 588,274,099 shares of the company’s stock, valued at $135,397,166,625.84. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.37% of the stock is owned by company insiders.

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.