Calamos Wealth Management LLC Cuts Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Calamos Wealth Management LLC lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 22.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,109 shares of the Wireless communications provider’s stock after selling 14,488 shares during the quarter. Calamos Wealth Management LLC’s holdings in T-Mobile US were worth $11,281,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. KPP Advisory Services LLC increased 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 acquiring an additional 45 shares during the last quarter. DT Investment Partners LLC grew its holdings in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares during the period. Relyea Zuckerberg Hanson LLC increased its stake in T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock worth $284,000 after buying an additional 48 shares during the period. Old North State Trust LLC raised its position in shares of T-Mobile US by 1.4% during the 3rd quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock valued at $751,000 after acquiring an additional 50 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in T-Mobile US by 1.5% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider’s stock worth $735,000 after buying an additional 50 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TMUS shares. UBS Group upped their price target on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Scotiabank increased their target price on T-Mobile US from $234.00 to $247.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. The Goldman Sachs Group boosted their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Benchmark reissued a “buy” rating and issued a $255.00 price target on shares of T-Mobile US in a research note on Tuesday, January 28th. Finally, 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 research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $251.26.

T-Mobile US Trading Up 2.2 %

Shares of TMUS opened at $238.10 on Tuesday. The stock’s fifty day simple moving average is $226.22 and its 200-day simple moving average is $213.75. The firm has a market capitalization of $276.31 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. 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 (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping 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%. As a group, research analysts predict that T-Mobile US, Inc. will post 10.18 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Transactions at T-Mobile US

In related news, EVP Nestor Cano sold 11,100 shares of T-Mobile US stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the completion of the sale, the executive vice president now owns 4,400 shares in the company, valued at $1,015,300. This trade represents a 71.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Andre Almeida purchased 3,808 shares of the stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 34,200 shares of company stock valued at $8,063,303. Company insiders own 0.67% of the company’s stock.

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.