T-Mobile US, Inc. $TMUS Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 702,412 shares of the Wireless communications provider’s stock after selling 15,382 shares during the period. HighTower Advisors LLC’s holdings in T-Mobile US were worth $142,618,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TMUS. Sei Investments Co. grew its stake in T-Mobile US by 6.3% in the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock valued at $33,972,000 after acquiring an additional 8,491 shares during the last quarter. Diversify Advisory Services LLC grew its stake in T-Mobile US by 315.7% in the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock valued at $1,147,000 after acquiring an additional 3,454 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in T-Mobile US in the 2nd quarter valued at about $375,000. Raymond James Financial Inc. grew its stake in T-Mobile US by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock valued at $489,420,000 after acquiring an additional 9,568 shares during the last quarter. Finally, Viking Global Investors LP grew its stake in T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after acquiring an additional 1,279,422 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

T-Mobile US stock opened at $193.42 on Wednesday. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $261.56. The stock has a market capitalization of $209.32 billion, a P/E ratio of 20.58, a P/E/G ratio of 1.13 and a beta of 0.33. The firm’s 50-day moving average is $200.21 and its two-hundred day moving average is $202.59. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business had revenue of $23.11 billion for the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter last year, the firm earned $2.58 earnings per share. The business’s revenue was up 10.6% on a year-over-year basis. Equities analysts predict that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be issued a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

Insider Buying and Selling at T-Mobile US

In other news, insider Mark Wolfe Nelson sold 2,329 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $222.38, for a total transaction of $517,923.02. Following the sale, the insider owned 65,677 shares in the company, valued at $14,605,251.26. This trade represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 105,620 shares of company stock valued at $22,722,802. 0.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of analyst reports. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Sanford C. Bernstein reiterated a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada lowered their target price on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $260.48.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.