RDA Financial Network Has $435,000 Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

RDA Financial Network trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,972 shares of the Wireless communications provider’s stock after selling 138 shares during the quarter. RDA Financial Network’s holdings in T-Mobile US were worth $435,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. DT Investment Partners LLC boosted its stake in 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 valued at $25,000 after purchasing an additional 47 shares during the period. Dunhill Financial LLC lifted its holdings in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after buying an additional 56 shares during the last quarter. MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the period. Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the third quarter worth $34,000. Finally, Planning Capital Management Corp increased its position in T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 101 shares during the period. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on TMUS. Bank of America raised their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. UBS Group lifted their target price on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Oppenheimer upped their price target on T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. The Goldman Sachs Group boosted their price objective on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Morgan Stanley assumed coverage on T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price for the company. Seven analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

T-Mobile US Stock Up 1.5 %

Shares of TMUS opened at $218.97 on Friday. The business’s 50 day simple moving average is $229.26 and its 200-day simple moving average is $209.98. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. The company has a market capitalization of $254.11 billion, a P/E ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the previous year, the firm earned $1.82 earnings per share. The business’s revenue was up 4.7% on a year-over-year basis. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 9.31 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders 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 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is presently 40.14%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares of the company’s stock, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 164,200 shares of company stock worth $37,407,303. Corporate 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.