T-Mobile US, Inc. $TMUS Shares Sold by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 21.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,103 shares of the Wireless communications provider’s stock after selling 294 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in T-Mobile US were worth $263,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of TMUS. MassMutual Private Wealth & Trust FSB raised its holdings in T-Mobile US by 12.4% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,774 shares of the Wireless communications provider’s stock worth $473,000 after purchasing an additional 196 shares during the period. Versant Capital Management Inc raised its holdings in T-Mobile US by 162.0% in the 1st quarter. Versant Capital Management Inc now owns 964 shares of the Wireless communications provider’s stock worth $257,000 after purchasing an additional 596 shares during the period. Moody National Bank Trust Division raised its holdings in T-Mobile US by 4.6% in the 1st quarter. Moody National Bank Trust Division now owns 5,850 shares of the Wireless communications provider’s stock worth $1,560,000 after purchasing an additional 257 shares during the period. Burns J W & Co. Inc. NY purchased a new stake in T-Mobile US during the 1st quarter worth approximately $200,000. Finally, Beese Fulmer Investment Management Inc. purchased a new stake in T-Mobile US during the 1st quarter worth approximately $6,315,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Redburn Atlantic upgraded T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. Royal Bank Of Canada upped their price target on T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. upped their price target on T-Mobile US from $270.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. KeyCorp restated an “underweight” rating and issued a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. Finally, The Goldman Sachs Group initiated coverage on T-Mobile US in a research report on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $258.02.

Get Our Latest Analysis on T-Mobile US

T-Mobile US Stock Down 0.2%

NASDAQ:TMUS opened at $237.47 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The stock’s fifty day moving average is $244.96 and its two-hundred day moving average is $244.85. T-Mobile US, Inc. has a 52 week low of $202.77 and a 52 week high of $276.49. The stock has a market capitalization of $267.25 billion, a price-to-earnings ratio of 22.40, a price-to-earnings-growth ratio of 1.30 and a beta of 0.61.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. The company had revenue of $21.13 billion for the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The firm’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.49 earnings per share. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.7%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s dividend payout ratio is currently 38.49%.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the transaction, the director owned 647,660,844 shares of the company’s stock, valued at $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 2,595,472 shares of company stock valued at $625,997,723 over the last 90 days. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUSFree Report).

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.