Moody Lynn & Lieberson LLC Decreases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Moody Lynn & Lieberson LLC decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 11.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,011 shares of the Wireless communications provider’s stock after selling 125 shares during the period. Moody Lynn & Lieberson LLC’s holdings in T-Mobile US were worth $223,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. DT Investment Partners LLC increased its stake in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Dunhill Financial LLC grew its holdings in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 56 shares during the last quarter. MFA Wealth Advisors LLC increased its position in shares of T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the period. Legacy Investment Solutions LLC purchased a new position in T-Mobile US in the 3rd quarter worth $34,000. Finally, Planning Capital Management Corp lifted its position in T-Mobile US by 134.7% during the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 101 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Up 1.2 %

Shares of NASDAQ:TMUS opened at $218.57 on Monday. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15. The stock has a market cap of $253.65 billion, a P/E ratio of 24.92, a PEG ratio of 1.08 and a beta of 0.56. The business has a fifty day moving average of $226.93 and a two-hundred day moving average of $211.85. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is currently 40.14%.

Insiders Place Their Bets

In related news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the transaction, the director now directly owns 1,441,204 shares in the company, valued at $323,262,057.20. The trade was a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 144,200 shares of company stock valued at $32,736,303 over the last ninety days. Company insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the subject of several research analyst reports. Wells Fargo & Company cut T-Mobile US from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $240.00 to $220.00 in a research note on Monday, January 6th. TD Cowen lifted their price objective on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Bank of America increased their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada downgraded shares of T-Mobile US from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from $255.00 to $240.00 in a research report on Monday, January 6th. Finally, Benchmark increased their price target on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $245.74.

About T-Mobile US

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.