Cetera Trust Company N.A Has $2.62 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Cetera Trust Company N.A decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,873 shares of the Wireless communications provider’s stock after selling 65 shares during the period. T-Mobile US makes up about 1.7% of Cetera Trust Company N.A’s portfolio, making the stock its 13th largest position. Cetera Trust Company N.A’s holdings in T-Mobile US were worth $2,621,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. DT Investment Partners LLC boosted its stake in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares during the last quarter. Dunhill Financial LLC boosted its stake in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares during the last quarter. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in T-Mobile US in the third quarter valued at about $34,000. Finally, Planning Capital Management Corp boosted its stake in T-Mobile US by 134.7% in the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after acquiring an additional 101 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 0.3 %

NASDAQ:TMUS opened at $218.83 on Wednesday. The company has a 50-day moving average price of $228.16 and a 200-day moving average price of $211.26. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock has a market cap of $253.95 billion, a price-to-earnings ratio of 24.99, a P/E/G ratio of 1.09 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. T-Mobile US’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business earned $1.82 EPS. Equities analysts predict that T-Mobile US, Inc. will post 9.3 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. T-Mobile US’s payout ratio is 40.14%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TMUS. Wells Fargo & Company lowered shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $240.00 to $220.00 in a research report on Monday, January 6th. Barclays boosted their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. TD Cowen boosted their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Morgan Stanley initiated coverage on shares of T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

Insider Buying and Selling

In other T-Mobile US news, CFO Peter Osvaldik sold 20,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the sale, the chief financial officer now directly owns 61,307 shares in the company, valued at approximately $14,318,249.85. This trade represents a 24.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction on Monday, December 9th. The shares were purchased at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares in the company, valued at $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 164,200 shares of company stock worth $37,407,303 in the last three months. 0.67% of the stock is owned by corporate insiders.

T-Mobile US 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.