C WorldWide Group Holding A S Decreases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

C WorldWide Group Holding A S reduced its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 13.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,195 shares of the Wireless communications provider’s stock after selling 2,577 shares during the quarter. C WorldWide Group Holding A S’s holdings in T-Mobile US were worth $2,597,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BluePath Capital Management LLC purchased a new position in shares of T-Mobile US during the 3rd quarter valued at approximately $26,000. Valley National Advisers Inc. boosted its stake in shares of T-Mobile US by 232.1% during the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 123 shares during the last quarter. Baker Avenue Asset Management LP boosted its stake in shares of T-Mobile US by 63.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC purchased a new position in shares of T-Mobile US during the 4th quarter valued at approximately $34,000. Finally, Raleigh Capital Management Inc. boosted its stake in shares of T-Mobile US by 54.5% during the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 90 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $163.26, for a total value of $30,965,524.20. Following the completion of the transaction, the director now owns 678,107,041 shares of the company’s stock, valued at $110,707,755,513.66. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $163.26, for a total value of $30,965,524.20. Following the completion of the transaction, the director now owns 678,107,041 shares of the company’s stock, valued at $110,707,755,513.66. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the transaction, the insider now directly owns 102,555 shares of the company’s stock, valued at approximately $17,274,364.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,180,319 shares of company stock valued at $1,002,629,987. 0.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on TMUS shares. Tigress Financial increased their target price on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Morgan Stanley upped their price target on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. TD Cowen dropped their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a research report on Friday, January 26th. Finally, 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. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $186.33.

T-Mobile US Stock Performance

NASDAQ TMUS traded down $0.09 during trading hours on Friday, hitting $163.96. The company had a trading volume of 7,969,001 shares, compared to its average volume of 3,837,128. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week high of $168.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The business has a fifty day simple moving average of $162.51 and a 200-day simple moving average of $156.98. The firm has a market cap of $194.60 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 0.68 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last issued its 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 13.45% and a net margin of 11.15%. The firm had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same period last year, the company earned $1.58 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. Equities analysts predict that T-Mobile US, Inc. will post 8.83 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.59%. T-Mobile US’s payout ratio is 35.37%.

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.