First National Trust Co Has $4.98 Million Position in T-Mobile US, Inc. $TMUS

First National Trust Co reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 19.6% in the 4th quarter, Holdings Channel reports. The firm owned 24,524 shares of the Wireless communications provider’s stock after selling 5,960 shares during the period. First National Trust Co’s holdings in T-Mobile US were worth $4,979,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TMUS. Sei Investments Co. lifted its holdings in T-Mobile US by 6.3% in the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after purchasing an additional 8,491 shares during the last quarter. Diversify Advisory Services LLC lifted its holdings in T-Mobile US by 315.7% in the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after purchasing an additional 3,454 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in T-Mobile US in the 2nd quarter worth approximately $375,000. Raymond James Financial Inc. lifted its holdings in T-Mobile US by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after purchasing an additional 9,568 shares during the last quarter. Finally, Viking Global Investors LP lifted its holdings in T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after purchasing an additional 1,279,422 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TMUS has been the subject of several analyst reports. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Royal Bank Of Canada reduced their target price on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target for the company in a report on Wednesday, April 8th. Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. Finally, Scotiabank cut their price target on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus target price of $260.48.

T-Mobile US Stock Up 0.3%

Shares of TMUS stock opened at $191.47 on Friday. T-Mobile US, Inc. has a 12 month low of $181.36 and a 12 month high of $261.56. The firm has a market cap of $207.21 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 1.11 and a beta of 0.33. The stock has a 50 day moving average of $198.67 and a 200-day moving average of $202.24. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the previous year, the company earned $2.58 earnings per share. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities analysts predict that T-Mobile US, Inc. will post 10.65 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 11th. Stockholders of record on Friday, May 29th will be issued a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.1%. T-Mobile US’s payout ratio is 43.40%.

Insider Buying and Selling at T-Mobile US

In other news, Director G Michael Sievert sold 1,089 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total transaction of $241,594.65. Following the sale, the director directly owned 125,696 shares in the company, valued at approximately $27,885,657.60. The trade was a 0.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Andre Almeida acquired 5,097 shares of the stock in a transaction dated Friday, May 1st. The shares were purchased at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider owned 44,850 shares of the company’s stock, valued at $8,798,673. This trade represents a 12.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 25,620 shares of company stock valued at $5,527,602 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.