WD Rutherford LLC Cuts Stock Position in T-Mobile US, Inc. $TMUS

WD Rutherford LLC lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,463 shares of the Wireless communications provider’s stock after selling 533 shares during the period. T-Mobile US accounts for approximately 2.2% of WD Rutherford LLC’s investment portfolio, making the stock its 15th largest holding. WD Rutherford LLC’s holdings in T-Mobile US were worth $4,876,000 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. Activest Wealth Management grew its stake in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 94 shares during the last quarter. Godsey & Gibb Inc. boosted its holdings in T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 60 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in T-Mobile US in the first quarter worth about $29,000. TCTC Holdings LLC boosted its holdings in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after acquiring an additional 77 shares in the last quarter. Finally, Missouri Trust & Investment Co boosted its holdings in T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 0.2%

Shares of NASDAQ:TMUS opened at $237.47 on Friday. T-Mobile US, Inc. has a 12-month low of $202.77 and a 12-month high of $276.49. The company has a market capitalization of $267.25 billion, a PE ratio of 22.40, a PEG ratio of 1.30 and a beta of 0.61. The business has a 50 day moving average of $244.96 and a two-hundred day moving average of $244.85. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the company posted $2.49 earnings per share. T-Mobile US’s revenue for the quarter was up 6.9% on a year-over-year basis. As a group, analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be given a dividend of $1.02 per share. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.7%. T-Mobile US’s dividend payout ratio (DPR) is presently 38.49%.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $238.98, for a total transaction of $15,396,525.48. Following the completion of the sale, the director directly owned 634,305,918 shares in the company, valued at approximately $151,586,428,283.64. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 2,595,472 shares of company stock worth $625,997,723 in the last three months. 0.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Morgan Stanley raised their price target on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Bank of America assumed coverage on T-Mobile US in a report on Monday, July 7th. They issued a “neutral” rating and a $255.00 price target for the company. JPMorgan Chase & Co. raised their price target on T-Mobile US from $270.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Arete Research raised T-Mobile US to a “strong-buy” rating in a report on Tuesday, July 8th. Finally, The Goldman Sachs Group assumed coverage on T-Mobile US in a report on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 price target for the company. Three 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $258.02.

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.