T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 5.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,689 shares of the Wireless communications provider’s stock after selling 230 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in T-Mobile US were worth $517,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of TMUS. Mirae Asset Global Investments Co. Ltd. increased its holdings in T-Mobile US by 21.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock valued at $129,888,000 after buying an additional 180,468 shares during the last quarter. Sei Investments Co. increased its holdings in T-Mobile US by 50.6% in the first quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock valued at $29,603,000 after buying an additional 77,518 shares during the last quarter. Prudential PLC bought a new stake in T-Mobile US in the first quarter valued at about $1,649,000. Cetera Investment Advisers increased its holdings in T-Mobile US by 12.2% in the first quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock valued at $3,031,000 after buying an additional 2,574 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in T-Mobile US by 105.7% in the first quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock valued at $487,000 after buying an additional 1,951 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

TMUS opened at $162.01 on Tuesday. The company has a market capitalization of $187.36 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 0.60 and a beta of 0.50. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $165.95. The business has a 50 day moving average price of $159.33 and a two-hundred day moving average price of $147.27.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.23). The company had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. T-Mobile US’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.18 EPS. Research analysts predict that T-Mobile US, Inc. will post 9.24 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.60%. The ex-dividend date is Thursday, February 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $146.90, for a total transaction of $2,938,000.00. Following the sale, the chief executive officer now directly owns 606,339 shares of the company’s stock, valued at approximately $89,071,199.10. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Srikant M. Datar sold 500 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $147.50, for a total transaction of $73,750.00. Following the transaction, the director now directly owns 4,564 shares in the company, valued at approximately $673,190. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $146.90, for a total transaction of $2,938,000.00. Following the transaction, the chief executive officer now owns 606,339 shares in the company, valued at $89,071,199.10. The disclosure for this sale can be found here. Insiders have sold a total of 2,506,592 shares of company stock valued at $405,996,241 in the last three months. 0.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TMUS shares. Oppenheimer reissued an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a report on Tuesday, December 19th. Raymond James lifted their target price on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. Royal Bank of Canada restated an “outperform” rating and issued a $168.00 target price on shares of T-Mobile US in a research note on Tuesday, January 9th. UBS Group lifted their target price on T-Mobile US from $180.00 to $186.00 and gave the company a “buy” rating in a research note on Wednesday, December 13th. Finally, Morgan Stanley lifted their target price on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $183.87.

View Our Latest Stock Report on T-Mobile US

T-Mobile US Company Profile

(Free Report)

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; leasing through JUMP! On Demand; and High Speed Internet services.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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