T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by PDS Planning Inc

PDS Planning Inc lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.5% during the 4th quarter, HoldingsChannel reports. The firm owned 2,531 shares of the Wireless communications provider’s stock after selling 93 shares during the period. PDS Planning Inc’s holdings in T-Mobile US were worth $406,000 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. Aspire Private Capital LLC boosted its position in shares of T-Mobile US by 1,327.7% during the 4th quarter. Aspire Private Capital LLC now owns 2,013 shares of the Wireless communications provider’s stock valued at $323,000 after acquiring an additional 1,872 shares during the last quarter. California Public Employees Retirement System boosted its position in shares of T-Mobile US by 10.1% during the 4th quarter. California Public Employees Retirement System now owns 3,455,969 shares of the Wireless communications provider’s stock valued at $554,096,000 after acquiring an additional 316,617 shares during the last quarter. RWA Wealth Partners LLC acquired a new position in shares of T-Mobile US during the 4th quarter valued at about $15,732,000. Legacy Financial Strategies LLC boosted its position in shares of T-Mobile US by 6.1% during the 4th quarter. Legacy Financial Strategies LLC now owns 2,169 shares of the Wireless communications provider’s stock valued at $348,000 after acquiring an additional 124 shares during the last quarter. Finally, OLD National Bancorp IN boosted its position in shares of T-Mobile US by 1.9% during the 4th quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock valued at $538,000 after acquiring an additional 62 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

T-Mobile US stock traded up $1.07 during midday trading on Tuesday, reaching $163.43. 1,083,173 shares of the company were exchanged, compared to its average volume of 4,461,841. The company has a market capitalization of $193.97 billion, a price-to-earnings ratio of 23.43, a P/E/G ratio of 0.66 and a beta of 0.49. The firm’s 50-day simple moving average is $162.30 and its 200-day simple moving average is $156.54. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The company 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 revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.18 EPS. On average, analysts anticipate that T-Mobile US, Inc. will post 8.95 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. Shareholders of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Teresa Taylor sold 12,022 shares of T-Mobile US stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at approximately $2,105,665.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Telekom Ag Deutsche sold 170,903 shares of the business’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the completion of the sale, the director now 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 can be accessed through the SEC website. Also, Director Teresa Taylor sold 12,022 shares of the business’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $161.80, for a total value of $1,945,159.60. Following the sale, the director now owns 13,014 shares of the company’s stock, valued at approximately $2,105,665.20. The disclosure for this sale can be found here. Insiders sold 5,811,459 shares of company stock worth $942,634,782 in the last 90 days. 0.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent research reports. Royal Bank of Canada reissued an “outperform” rating and set a $184.00 price target on shares of T-Mobile US in a research report on Wednesday, March 20th. Tigress Financial upped their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Morgan Stanley upped their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. Finally, KeyCorp cut their price target on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. One research 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’s stock. According to data from MarketBeat.com, T-Mobile US has an average rating of “Buy” and an average target price of $185.93.

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.