T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,762 shares of the Wireless communications provider’s stock after selling 199 shares during the quarter. Pinion Investment Advisors LLC’s holdings in T-Mobile US were worth $1,051,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in shares of T-Mobile US by 34.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,778 shares of the Wireless communications provider’s stock valued at $780,000 after acquiring an additional 974 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in T-Mobile US by 146.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 158,744 shares of the Wireless communications provider’s stock worth $32,758,000 after acquiring an additional 94,242 shares during the last quarter. Roman Butler Fullerton & Co. grew its stake in shares of T-Mobile US by 13.9% during the third quarter. Roman Butler Fullerton & Co. now owns 3,048 shares of the Wireless communications provider’s stock worth $662,000 after purchasing an additional 372 shares in the last quarter. Intact Investment Management Inc. increased its holdings in shares of T-Mobile US by 7.0% in the 3rd quarter. Intact Investment Management Inc. now owns 5,340 shares of the Wireless communications provider’s stock valued at $1,102,000 after acquiring an additional 350 shares during the last quarter. Finally, National Pension Service raised its holdings in T-Mobile US by 12.6% during the third quarter. National Pension Service now owns 1,231,751 shares of the Wireless communications provider’s stock worth $254,184,000 after purchasing an additional 137,527 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $272.83 on Tuesday. The firm has a market capitalization of $311.50 billion, a PE ratio of 28.21, a P/E/G ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The business has a 50-day moving average of $236.54 and a two-hundred day moving average of $224.74.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.29%. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TMUS. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price on the stock. Scotiabank boosted their target price on T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a report on Monday. JPMorgan Chase & Co. lifted their price target on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Barclays raised 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 report on Monday, February 3rd. Finally, Oppenheimer upped their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $253.26.

Insider Buying and Selling at T-Mobile US

In related news, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Letitia A. Long sold 1,100 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by corporate insiders.

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.