Stephens Inc. AR Lowers Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Stephens Inc. AR decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,326 shares of the Wireless communications provider’s stock after selling 722 shares during the period. Stephens Inc. AR’s holdings in T-Mobile US were worth $2,500,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. DT Investment Partners LLC raised its stake in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 47 shares in the last quarter. Dunhill Financial LLC raised its position in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares in the last quarter. MFA Wealth Advisors LLC lifted its stake in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares during the last quarter. Financial Life Planners bought a new stake in T-Mobile US during the fourth quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in T-Mobile US in the third quarter valued at about $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 1.1 %

NASDAQ:TMUS opened at $258.70 on Wednesday. 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 company’s fifty day moving average price is $226.18 and its 200-day moving average price is $216.54. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $259.46. The firm has a market capitalization of $295.37 billion, a P/E ratio of 26.75, a PEG ratio of 1.44 and a beta of 0.56.

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

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is presently 36.40%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on TMUS shares. JPMorgan Chase & Co. raised their price target on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Barclays upped their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. KeyCorp cut T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research report on Thursday, December 12th. Finally, Tigress Financial upped their target price on T-Mobile US from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $251.79.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Andre Almeida acquired 3,808 shares of the company’s stock in a transaction on Monday, December 9th. The shares were bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $246.00, for a total value of $246,000.00. Following the transaction, the director now directly owns 4,021 shares of the company’s stock, valued at approximately $989,166. The trade was a 19.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,100 shares of company stock valued at $747,378 in the last 90 days. 0.67% of the stock is currently owned by company insiders.

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.