T-Mobile US, Inc. $TMUS Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC cut its stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 45.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,185 shares of the Wireless communications provider’s stock after selling 3,436 shares during the period. Sowell Financial Services LLC’s holdings in T-Mobile US were worth $850,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. City Holding Co. boosted its holdings in shares of T-Mobile US by 48.4% in the 3rd quarter. City Holding Co. now owns 141 shares of the Wireless communications provider’s stock valued at $34,000 after purchasing an additional 46 shares in the last quarter. New Republic Capital LLC boosted its holdings in shares of T-Mobile US by 4.7% in the 3rd quarter. New Republic Capital LLC now owns 1,073 shares of the Wireless communications provider’s stock valued at $257,000 after purchasing an additional 48 shares in the last quarter. CYBER HORNET ETFs LLC boosted its holdings in shares of T-Mobile US by 3.8% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock valued at $316,000 after purchasing an additional 48 shares in the last quarter. Appleton Partners Inc. MA boosted its holdings in shares of T-Mobile US by 5.3% in the 3rd quarter. Appleton Partners Inc. MA now owns 971 shares of the Wireless communications provider’s stock valued at $232,000 after purchasing an additional 49 shares in the last quarter. Finally, MJP Associates Inc. ADV boosted its holdings in shares of T-Mobile US by 2.7% in the 3rd quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock valued at $452,000 after purchasing an additional 49 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TMUS has been the topic of several recent research reports. Morgan Stanley cut their price objective on T-Mobile US from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Citigroup raised their price objective on T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. TD Cowen cut their price objective on T-Mobile US from $263.00 to $252.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Barclays raised their price objective on T-Mobile US from $240.00 to $245.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, UBS Group reissued a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.30.

View Our Latest Stock Analysis on TMUS

T-Mobile US Trading Down 1.5%

NASDAQ TMUS opened at $197.63 on Thursday. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a twelve month low of $181.36 and a twelve month high of $267.96. The company has a market cap of $217.76 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 1.32 and a beta of 0.43. The business’s fifty day moving average is $210.09 and its 200 day moving average is $209.67.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

Insider Buying and Selling at T-Mobile US

In related news, Director Raul Marcelo Claure sold 550,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the completion of the transaction, the director directly owned 891,204 shares of the company’s stock, valued at $193,899,254.28. This trade represents a 38.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director G Michael Sievert sold 80,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $214.94, for a total value of $17,195,200.00. Following the transaction, the director directly owned 140,696 shares of the company’s stock, valued at approximately $30,241,198.24. This represents a 36.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 694,134 shares of company stock worth $150,847,799 over the last 90 days. Company insiders own 0.37% of the company’s stock.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

T-Mobile US Company Profile

(Free Report)

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.

See Also

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

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