T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lessened its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 30.0% in the 4th quarter, HoldingsChannel reports. The fund owned 4,905 shares of the Wireless communications provider’s stock after selling 2,101 shares during the period. Blue Trust Inc.’s holdings in T-Mobile US were worth $1,083,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JSF Financial LLC grew its holdings in T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after acquiring an additional 44 shares in the last quarter. KPP Advisory Services LLC boosted its holdings in shares of T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock valued at $360,000 after buying an additional 45 shares in the last quarter. DT Investment Partners LLC boosted its holdings in shares of T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares in the last quarter. D Orazio & Associates Inc. boosted its holdings in shares of T-Mobile US by 3.7% in the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock valued at $290,000 after buying an additional 47 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC boosted its holdings in shares of T-Mobile US by 4.3% in the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock valued at $252,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Andre Almeida acquired 3,808 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the purchase, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $246.00, for a total transaction of $246,000.00. Following the completion of the sale, 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. In the last three months, insiders have sold 3,100 shares of company stock valued at $747,378. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of several research analyst reports. TD Cowen upped their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Royal Bank of Canada increased their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 30th. The Goldman Sachs Group increased their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Finally, JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Stock Performance

Shares of TMUS opened at $270.82 on Friday. The company has a 50-day simple moving average of $227.66 and a 200-day simple moving average of $218.37. 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 company has a market capitalization of $309.21 billion, a PE ratio of 28.01, a P/E/G ratio of 1.44 and a beta of 0.56. 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 announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) 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%. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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

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.