T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Quilter Plc

Quilter Plc lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 427,973 shares of the Wireless communications provider’s stock after selling 8,793 shares during the quarter. T-Mobile US comprises approximately 1.9% of Quilter Plc’s investment portfolio, making the stock its 20th largest holding. Quilter Plc’s holdings in T-Mobile US were worth $94,466,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC grew its stake in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after purchasing an additional 1,522,394 shares during the period. Barclays PLC grew its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after acquiring an additional 876,182 shares during the period. Wellington Management Group LLP grew its stake in T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after acquiring an additional 602,786 shares during the period. Franklin Resources Inc. grew its stake in T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after acquiring an additional 590,711 shares during the period. Finally, Nordea Investment Management AB grew its stake in T-Mobile US by 36.9% in the 4th quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock valued at $324,960,000 after acquiring an additional 397,345 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $246.24 on Monday. The company has a market cap of $281.14 billion, a P/E ratio of 25.46, a P/E/G ratio of 1.44 and a beta of 0.56. 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 stock has a 50-day moving average of $225.96 and a two-hundred day moving average of $215.70. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $250.50.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating 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, analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.43%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Insider Buying and Selling

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the business’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 completion of the sale, the director now owns 4,021 shares in the company, valued at approximately $989,166. The trade was a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction on Monday, December 9th. The stock was purchased at an average price of $235.72 per share, with a total value of $897,621.76. Following the purchase, the director now owns 3,808 shares of the company’s stock, valued at $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 3,100 shares of company stock worth $747,378 over the last 90 days. 0.67% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on TMUS. Benchmark restated a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a report on Tuesday, January 28th. Bank of America raised their price objective on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company raised their price objective on T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. Daiwa America upgraded T-Mobile US to a “hold” rating in a report on Friday, October 25th. Finally, 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 report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US 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.