T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,772 shares of the Wireless communications provider’s stock after selling 71 shares during the quarter. Sanctuary Advisors LLC’s holdings in T-Mobile US were worth $20,102,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Barclays PLC boosted its holdings in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after acquiring an additional 876,182 shares during the period. International Assets Investment Management LLC increased its stake in T-Mobile US by 21,580.9% during the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after buying an additional 248,828 shares during the period. Gladstone Institutional Advisory LLC acquired a new stake in T-Mobile US during the 4th quarter worth approximately $1,552,000. Trust Co. of Vermont boosted its position in T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock valued at $5,954,000 after buying an additional 2,865 shares during the period. Finally, Swedbank AB grew its stake in shares of T-Mobile US by 5.1% in the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock worth $52,631,000 after acquiring an additional 12,411 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Up 2.2 %

Shares of T-Mobile US stock opened at $270.82 on Tuesday. 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 cap of $309.21 billion, a price-to-earnings ratio of 28.01, a price-to-earnings-growth 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. The company’s 50-day simple moving average is $227.66 and its 200-day simple moving average is $218.93.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results 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, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

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

Insider Activity at T-Mobile US

In other news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the completion of the transaction, the director now owns 4,021 shares of the company’s stock, valued at $989,166. The trade was a 19.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the 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 directly owns 5,653 shares in the company, 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 3,100 shares of company stock worth $747,378 over the last 90 days. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Daiwa America upgraded T-Mobile US to a “hold” rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Morgan Stanley began coverage on shares of T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 price target for the company. The Goldman Sachs Group raised their price objective on shares of T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price on the stock. in a report on Thursday, December 12th. Seven equities 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

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.