T-Mobile US, Inc. (NASDAQ:TMUS) Stock Holdings Lessened by Callan Family Office LLC

Callan Family Office LLC trimmed its stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 16.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,842 shares of the Wireless communications provider’s stock after selling 2,131 shares during the quarter. Callan Family Office LLC’s holdings in T-Mobile US were worth $2,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. grew its holdings in T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 60 shares during the last quarter. Stone House Investment Management LLC bought a new position in T-Mobile US in the first quarter worth $29,000. TCTC Holdings LLC lifted its position in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after purchasing an additional 77 shares during the period. City Holding Co. lifted its holdings in shares of T-Mobile US by 45.3% during the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider’s stock valued at $37,000 after acquiring an additional 43 shares during the period. Finally, Adirondack Trust Co. lifted its holdings in shares of T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider’s stock valued at $37,000 after acquiring an additional 110 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 1.6%

TMUS stock opened at $248.87 on Tuesday. The business has a 50 day moving average of $234.95 and a 200 day moving average of $246.75. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a twelve month low of $192.61 and a twelve month high of $276.49. The firm has a market cap of $280.08 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 1.35 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%. The business had revenue of $21.13 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period last year, the firm earned $2.49 earnings per share. The business’s quarterly revenue was up 6.9% on a year-over-year basis. On average, research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed 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 of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.4%. T-Mobile US’s payout ratio is 33.21%.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction on Monday, July 7th. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the transaction, the director directly owned 647,660,844 shares of the company’s stock, valued at approximately $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 1,764,850 shares of company stock valued at $410,591,012 over the last ninety days. Insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on TMUS shares. Royal Bank Of Canada raised their target price on T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a research note on Friday, July 25th. Rothschild & Co Redburn upgraded T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 target price for the company in a research report on Monday, July 7th. Arete Research upgraded T-Mobile US to a “strong-buy” rating in a research report on Tuesday, July 8th. Bank of America initiated coverage on T-Mobile US in a report on Monday, July 7th. They set a “neutral” rating and a $255.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their target price on T-Mobile US from $270.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.31.

Get Our Latest Report on T-Mobile US

About T-Mobile US

(Free Report)

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.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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