Hantz Financial Services Inc. Sells 446 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Hantz Financial Services Inc. decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.1% in the fourth quarter, Holdings Channel reports. The firm owned 41,534 shares of the Wireless communications provider’s stock after selling 446 shares during the quarter. Hantz Financial Services Inc.’s holdings in T-Mobile US were worth $9,168,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. Susquehanna Fundamental Investments LLC bought a new position in T-Mobile US during the second quarter worth about $863,000. Quarry LP lifted its stake in T-Mobile US by 12.5% during the second quarter. Quarry LP now owns 748 shares of the Wireless communications provider’s stock worth $132,000 after purchasing an additional 83 shares during the period. EP Wealth Advisors LLC lifted its stake in T-Mobile US by 13.9% during the second quarter. EP Wealth Advisors LLC now owns 5,906 shares of the Wireless communications provider’s stock worth $1,040,000 after purchasing an additional 721 shares during the period. Truist Financial Corp increased its holdings in shares of T-Mobile US by 28.1% during the second quarter. Truist Financial Corp now owns 484,891 shares of the Wireless communications provider’s stock worth $85,428,000 after buying an additional 106,489 shares in the last quarter. Finally, Advisory Alpha LLC increased its holdings in shares of T-Mobile US by 5.9% during the second quarter. Advisory Alpha LLC now owns 1,419 shares of the Wireless communications provider’s stock worth $250,000 after buying an additional 79 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on TMUS. Bank of America raised their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Scotiabank raised their price objective on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Sanford C. Bernstein began coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective for the company. Citigroup raised their price objective on shares of T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Finally, BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

Insider Transactions at T-Mobile US

In related news, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the sale, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. The trade was a 5.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the sale, the director now directly owns 1,441,204 shares in the company, valued at $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 144,200 shares of company stock valued at $32,736,303 over the last three months. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Price Performance

Shares of TMUS stock opened at $235.15 on Thursday. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15. The stock has a market cap of $272.89 billion, a PE ratio of 26.81, a PEG ratio of 1.08 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The firm’s 50 day moving average price is $226.37 and its two-hundred day moving average price is $212.66.

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 for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. As a group, analysts forecast that T-Mobile US, Inc. will post 9.3 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. T-Mobile US’s dividend payout ratio is 40.14%.

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.