Holistic Financial Partners lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 8.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,599 shares of the Wireless communications provider’s stock after selling 144 shares during the quarter. Holistic Financial Partners’ holdings in T-Mobile US were worth $353,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of the company. Dunhill Financial LLC raised its holdings in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the period. Financial Life Planners acquired a new position in shares of T-Mobile US during the fourth quarter valued at about $29,000. Legacy Investment Solutions LLC acquired a new position in shares of T-Mobile US during the third quarter valued at about $34,000. Planning Capital Management Corp raised its holdings in shares of T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after purchasing an additional 101 shares during the period. Finally, Bruce G. Allen Investments LLC raised its holdings in shares of T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after purchasing an additional 73 shares during the period. Institutional investors own 42.49% of the company’s stock.
Insider Buying and Selling at T-Mobile US
In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,100 shares of company stock valued at $747,378 in the last three months. Company insiders own 0.67% of the company’s stock.
T-Mobile US Stock Down 0.1 %
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.
T-Mobile US Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Benchmark reaffirmed a “buy” rating and issued a $255.00 price target on shares of T-Mobile US in a research report on Tuesday, January 28th. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price target on the stock. Barclays raised their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Finally, KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target on the stock. in a research report on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.
Get Our Latest Stock Analysis on T-Mobile US
About T-Mobile US
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
- Five stocks we like better than T-Mobile US
- How to trade using analyst ratings
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- How to Invest in Insurance Companies: A GuideĀ
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- Earnings Per Share Calculator: How to Calculate EPS
- These 5 Energy Stocks Hedge Inflation With Growth Potential
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.