Mutual of America Capital Management LLC Sells 1,374 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Mutual of America Capital Management LLC cut its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,204 shares of the Wireless communications provider’s stock after selling 1,374 shares during the period. Mutual of America Capital Management LLC’s holdings in T-Mobile US were worth $15,055,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TMUS. FMR LLC raised its position in T-Mobile US by 13.4% in the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after acquiring an additional 1,522,394 shares during the period. Barclays PLC raised its position in T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after acquiring an additional 876,182 shares during the period. Proficio Capital Partners LLC raised its position in T-Mobile US by 31,353.2% in the fourth quarter. Proficio Capital Partners LLC now owns 635,040 shares of the Wireless communications provider’s stock worth $140,172,000 after acquiring an additional 633,021 shares during the period. Wellington Management Group LLP raised its position in T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after acquiring an additional 602,786 shares during the period. Finally, Franklin Resources Inc. raised its position in T-Mobile US by 9.9% in the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after acquiring an additional 590,711 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Insider Activity

In other T-Mobile US news, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction dated Monday, December 9th. The stock was acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction dated 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 sale, the director now owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $269.69 on Friday. The stock has a market capitalization of $307.92 billion, a P/E ratio of 27.89, a PEG ratio of 1.55 and a beta of 0.56. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $273.40. The firm has a fifty day simple moving average of $235.52 and a two-hundred day simple moving average of $223.80.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 expect 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 of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.31%. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Analyst Ratings Changes

TMUS has been the topic of several recent research reports. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday. Benchmark restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday. Morgan Stanley assumed coverage on shares of T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective on the stock. JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Finally, Barclays raised their price objective 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. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $251.79.

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.