T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Community Bank N.A.

Community Bank N.A. cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 33.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 420 shares of the Wireless communications provider’s stock after selling 210 shares during the period. Community Bank N.A.’s holdings in T-Mobile US were worth $112,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. State of Alaska Department of Revenue increased its position in shares of T-Mobile US by 1.1% in the first quarter. State of Alaska Department of Revenue now owns 56,196 shares of the Wireless communications provider’s stock valued at $14,988,000 after buying an additional 625 shares in the last quarter. CWA Asset Management Group LLC grew its stake in T-Mobile US by 55.1% in the 1st quarter. CWA Asset Management Group LLC now owns 2,952 shares of the Wireless communications provider’s stock valued at $787,000 after acquiring an additional 1,049 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in T-Mobile US by 31.8% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 2,824 shares of the Wireless communications provider’s stock worth $753,000 after acquiring an additional 681 shares in the last quarter. Clarius Group LLC raised its position in T-Mobile US by 47.0% during the first quarter. Clarius Group LLC now owns 5,352 shares of the Wireless communications provider’s stock worth $1,427,000 after acquiring an additional 1,710 shares during the period. Finally, Global Trust Asset Management LLC raised its position in T-Mobile US by 982.0% during the first quarter. Global Trust Asset Management LLC now owns 660 shares of the Wireless communications provider’s stock worth $176,000 after acquiring an additional 599 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on TMUS. Tigress Financial boosted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. JPMorgan Chase & Co. lifted their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 18th. Scotiabank raised T-Mobile US from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, Citigroup cut shares of 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. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $257.68.

T-Mobile US Trading Down 0.2%

TMUS opened at $220.99 on Thursday. The business has a fifty day moving average price of $244.62 and a 200 day moving average price of $243.40. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. T-Mobile US, Inc. has a 12 month low of $173.74 and a 12 month high of $276.49. The stock has a market capitalization of $250.92 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 1.22 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The business had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.67 billion. During the same quarter last year, the business posted $2.00 EPS. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. Sell-side analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company 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 $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.59%. T-Mobile US’s dividend payout ratio is currently 34.34%.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction on Monday, June 16th. The stock was 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 represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.37% of the stock is currently owned by company insiders.

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.