Cambridge Trust Co. Sells 105 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Cambridge Trust Co. cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,044 shares of the Wireless communications provider’s stock after selling 105 shares during the quarter. Cambridge Trust Co.’s holdings in T-Mobile US were worth $334,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sei Investments Co. raised its position in shares of T-Mobile US by 3.1% in the 4th quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock valued at $29,574,000 after buying an additional 5,552 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of T-Mobile US during the 1st quarter worth $1,908,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of T-Mobile US by 41.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after buying an additional 4,777 shares during the last quarter. Cerity Partners LLC grew its position in T-Mobile US by 136.8% in the fourth quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock valued at $10,096,000 after acquiring an additional 36,374 shares during the last quarter. Finally, Cardinal Capital Management Inc. acquired a new stake in T-Mobile US in the fourth quarter valued at approximately $29,962,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TMUS shares. Deutsche Bank Aktiengesellschaft boosted their price objective on T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Benchmark boosted their target price on shares of T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday. Scotiabank raised their price target on shares of T-Mobile US from $194.50 to $197.00 and gave the company a “sector outperform” rating in a research note on Thursday. Royal Bank of Canada boosted their price objective on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Finally, Bank of America lifted their target price on T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, June 10th. One equities research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $196.75.

Insider Activity

In related news, insider Jon Freier sold 20,000 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $164.38, for a total transaction of $3,287,600.00. Following the transaction, the insider now directly owns 172,628 shares of the company’s stock, valued at approximately $28,376,590.64. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Jon Freier sold 20,000 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $164.38, for a total transaction of $3,287,600.00. Following the transaction, the insider now directly owns 172,628 shares of the company’s stock, valued at $28,376,590.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $177.59, for a total value of $532,770.00. Following the sale, the insider now owns 122,687 shares of the company’s stock, valued at $21,787,984.33. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,019,788 shares of company stock worth $685,706,726. 0.67% of the stock is owned by company insiders.

T-Mobile US Stock Up 0.9 %

Shares of NASDAQ:TMUS traded up $1.69 during mid-day trading on Friday, hitting $188.76. 7,922,756 shares of the company traded hands, compared to its average volume of 4,072,309. The stock has a market cap of $220.24 billion, a P/E ratio of 25.68, a P/E/G ratio of 0.76 and a beta of 0.51. The stock has a 50-day moving average price of $177.82 and a two-hundred day moving average price of $168.01. T-Mobile US, Inc. has a 12-month low of $131.47 and a 12-month high of $193.77. The company has a current ratio of 0.84, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The company had revenue of $19.77 billion for the quarter, compared to analysts’ expectations of $19.61 billion. During the same period in the previous year, the business posted $1.86 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.05 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio is presently 35.37%.

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.