T-Mobile US, Inc. $TMUS Position Trimmed by Keybank National Association OH

Keybank National Association OH lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 433,488 shares of the Wireless communications provider’s stock after selling 14,596 shares during the period. Keybank National Association OH’s holdings in T-Mobile US were worth $103,283,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Hohimer Wealth Management LLC grew its stake in T-Mobile US by 2.3% during the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock valued at $480,000 after acquiring an additional 41 shares in the last quarter. Journey Strategic Wealth LLC grew its stake in shares of T-Mobile US by 4.2% in the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock valued at $273,000 after buying an additional 41 shares in the last quarter. Angeles Wealth Management LLC grew its stake in shares of T-Mobile US by 1.2% in the 1st quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock valued at $888,000 after buying an additional 41 shares in the last quarter. Weaver Capital Management LLC grew its stake in shares of T-Mobile US by 0.6% in the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock valued at $1,605,000 after buying an additional 42 shares in the last quarter. Finally, Bank of Stockton grew its stake in shares of T-Mobile US by 1.2% in the 2nd quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock valued at $906,000 after buying an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 53,507 shares of the stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $220.77, for a total value of $11,812,740.39. Following the completion of the sale, the director directly owned 582,067,249 shares of the company’s stock, valued at approximately $128,502,986,561.73. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 2,391,207 shares of company stock valued at $573,229,394 over the last three months. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Down 2.3%

Shares of T-Mobile US stock opened at $215.01 on Thursday. The stock has a market capitalization of $240.49 billion, a P/E ratio of 20.67, a PEG ratio of 1.54 and a beta of 0.59. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The stock has a 50 day moving average price of $236.97 and a two-hundred day moving average price of $239.72. T-Mobile US, Inc. has a 12-month low of $208.39 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.61 earnings per share. Equities analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be given a $1.02 dividend. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is currently 33.85%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TMUS. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, September 30th. Royal Bank Of Canada reissued a “buy” rating on shares of T-Mobile US in a research note on Friday, October 24th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a research note on Tuesday. Benchmark boosted their price target on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Finally, Daiwa Capital Markets decreased their target price on T-Mobile US from $240.00 to $230.00 and set a “neutral” rating for the company in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $266.63.

T-Mobile US Company 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.