T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Callan Capital LLC

Callan Capital LLC lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,621 shares of the Wireless communications provider’s stock after selling 83 shares during the quarter. Callan Capital LLC’s holdings in T-Mobile US were worth $420,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clearbridge Investments LLC grew its holdings in shares of T-Mobile US by 243.9% during the third quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock worth $409,040,000 after buying an additional 2,071,489 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of T-Mobile US by 90.5% during the third quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider’s stock worth $350,983,000 after buying an additional 1,190,813 shares in the last quarter. Third Point LLC purchased a new stake in shares of T-Mobile US during the third quarter worth $140,050,000. Royal Bank of Canada grew its holdings in shares of T-Mobile US by 7.1% during the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after buying an additional 693,443 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of T-Mobile US by 67.3% in the third quarter. Principal Financial Group Inc. now owns 1,614,036 shares of the Wireless communications provider’s stock valued at $226,046,000 after purchasing an additional 649,178 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on TMUS. Wells Fargo & Company upped their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. KeyCorp upped their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday. Oppenheimer reissued an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research report on Wednesday, April 3rd. Morgan Stanley increased their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Finally, Tigress Financial raised their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, T-Mobile US presently has a consensus rating of “Buy” and an average target price of $186.33.

T-Mobile US Stock Performance

Shares of TMUS traded down $0.09 during mid-day trading on Friday, reaching $163.96. 7,968,973 shares of the company’s stock were exchanged, compared to its average volume of 4,564,574. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a market capitalization of $194.60 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 0.68 and a beta of 0.49. The business’s fifty day simple moving average is $162.51 and its 200-day simple moving average is $156.98. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The firm had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. During the same period last year, the company earned $1.58 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. On average, equities research analysts expect that T-Mobile US, Inc. will post 8.83 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio is presently 37.52%.

Insider Buying and Selling

In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The disclosure for this sale can be found here. Insiders sold a total of 6,180,319 shares of company stock valued at $1,002,629,987 over the last three months. 0.70% of the stock is currently owned by company insiders.

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.