WD Rutherford LLC Decreases Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

WD Rutherford LLC decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.9% in the 4th quarter, HoldingsChannel reports. The fund owned 21,749 shares of the Wireless communications provider’s stock after selling 642 shares during the quarter. T-Mobile US comprises about 2.3% of WD Rutherford LLC’s investment portfolio, making the stock its 12th biggest holding. WD Rutherford LLC’s holdings in T-Mobile US were worth $4,801,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TMUS. SeaCrest Wealth Management LLC acquired a new position in T-Mobile US during the third quarter worth $243,000. Good Life Advisors LLC purchased a new stake in shares of T-Mobile US in the 3rd quarter worth about $314,000. Global Retirement Partners LLC grew its stake in T-Mobile US by 12.9% in the 3rd quarter. Global Retirement Partners LLC now owns 7,718 shares of the Wireless communications provider’s stock valued at $1,593,000 after acquiring an additional 884 shares during the last quarter. Bleakley Financial Group LLC increased its holdings in T-Mobile US by 1.6% during the 3rd quarter. Bleakley Financial Group LLC now owns 9,001 shares of the Wireless communications provider’s stock valued at $1,858,000 after acquiring an additional 144 shares in the last quarter. Finally, Secure Asset Management LLC raised its position in T-Mobile US by 5.0% during the third quarter. Secure Asset Management LLC now owns 2,270 shares of the Wireless communications provider’s stock worth $468,000 after acquiring an additional 108 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research note on Thursday, December 12th. TD Cowen upped their price objective on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. UBS Group lifted their price objective on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Scotiabank upped their target price on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Finally, Barclays lifted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Price Performance

T-Mobile US stock opened at $270.82 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $309.21 billion, a P/E ratio of 28.01, a PEG ratio of 1.44 and a beta of 0.56. The firm has a fifty day moving average of $227.66 and a 200-day moving average of $218.37. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating 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%. As a group, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business 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 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Andre Almeida acquired 3,808 shares of the company’s stock in a transaction on Monday, December 9th. The shares were bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares of the company’s stock, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the transaction, the director now directly 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 disclosure for this sale can be found here. Insiders sold 3,100 shares of company stock valued at $747,378 over the last 90 days. 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.