T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Bristol John W & Co. Inc. NY

Bristol John W & Co. Inc. NY cut its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 713,128 shares of the Wireless communications provider’s stock after selling 37,945 shares during the period. T-Mobile US accounts for 2.1% of Bristol John W & Co. Inc. NY’s holdings, making the stock its 18th largest position. Bristol John W & Co. Inc. NY owned about 0.06% of T-Mobile US worth $114,336,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. lifted its position in T-Mobile US by 21.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock worth $129,888,000 after buying an additional 180,468 shares in the last quarter. Sei Investments Co. lifted its position in T-Mobile US by 50.6% during the first quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock worth $29,603,000 after buying an additional 77,518 shares in the last quarter. Prudential PLC purchased a new position in T-Mobile US during the first quarter worth approximately $1,649,000. Cetera Investment Advisers lifted its position in T-Mobile US by 12.2% during the first quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock worth $3,031,000 after buying an additional 2,574 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in T-Mobile US by 105.7% in the first quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock valued at $487,000 after purchasing an additional 1,951 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TMUS shares. KeyCorp reduced their target price on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research report on Friday, January 26th. Wells Fargo & Company lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. Oppenheimer restated an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. Raymond James boosted their price objective on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Finally, Benchmark reiterated a “buy” rating and issued a $200.00 price objective on shares of T-Mobile US in a report on Friday, January 26th. One investment analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Buy” and a consensus price target of $185.93.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the transaction, the director now directly owns 680,306,713 shares in the company, valued at approximately $108,815,058,744.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Telekom Ag Deutsche sold 170,903 shares of the firm’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the completion of the sale, the director now directly owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction that occurred 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 $20,514,632.14. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,884,080 shares of company stock worth $956,514,564. 0.70% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

NASDAQ:TMUS traded down $0.64 during mid-day trading on Friday, reaching $160.05. 3,827,460 shares of the stock were exchanged, compared to its average volume of 3,963,603. The company has a 50 day simple moving average of $162.38 and a 200-day simple moving average of $155.48. The stock has a market capitalization of $189.96 billion, a P/E ratio of 23.10, a P/E/G ratio of 0.65 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The firm had revenue of $20.48 billion for the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.18 EPS. Analysts anticipate that T-Mobile US, Inc. will post 8.95 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders 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 1.62%. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

T-Mobile US Company 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.