Vontobel Holding Ltd. Sells 14,194 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vontobel Holding Ltd. trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 14.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,103 shares of the Wireless communications provider’s stock after selling 14,194 shares during the period. Vontobel Holding Ltd.’s holdings in T-Mobile US were worth $18,123,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Barclays PLC raised its stake in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares during the period. International Assets Investment Management LLC raised its stake in shares of T-Mobile US by 21,580.9% during the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after purchasing an additional 248,828 shares during the period. Trust Co. of Vermont raised its stake in shares of T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after purchasing an additional 2,865 shares during the period. Swedbank AB raised its stake in T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after acquiring an additional 12,411 shares during the period. Finally, Rice Partnership LLC bought a new stake in T-Mobile US in the 4th quarter valued at about $7,678,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Up 2.2 %

Shares of TMUS opened at $270.82 on Friday. The firm has a market cap of $309.21 billion, a P/E ratio of 28.01, a P/E/G ratio of 1.44 and a beta of 0.56. The stock has a 50 day simple moving average of $227.12 and a two-hundred day simple moving average of $217.72. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $271.41.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.30%. T-Mobile US’s payout ratio is currently 36.40%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TMUS shares. The Goldman Sachs Group boosted their price objective on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Oppenheimer boosted their price objective on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Tigress Financial boosted their price objective on T-Mobile US from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Daiwa America upgraded T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Finally, BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $251.79.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the sale, the director now owns 4,021 shares in the company, valued at approximately $989,166. The trade was a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of the stock in a transaction on Monday, December 9th. The stock was bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 3,100 shares of company stock worth $747,378. 0.67% of the stock is currently owned by insiders.

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.