Magnus Financial Group LLC Sells 200 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Magnus Financial Group LLC reduced its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 15.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,065 shares of the Wireless communications provider’s stock after selling 200 shares during the quarter. Magnus Financial Group LLC’s holdings in T-Mobile US were worth $235,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Daymark Wealth Partners LLC bought a new position in shares of T-Mobile US in the fourth quarter valued at about $210,000. Albion Financial Group UT acquired a new position in T-Mobile US in the 4th quarter valued at about $39,000. West Branch Capital LLC raised its holdings in T-Mobile US by 53.7% in the 4th quarter. West Branch Capital LLC now owns 5,734 shares of the Wireless communications provider’s stock valued at $1,266,000 after acquiring an additional 2,004 shares during the period. MBM Wealth Consultants LLC lifted its position in T-Mobile US by 2.7% during the fourth quarter. MBM Wealth Consultants LLC now owns 6,847 shares of the Wireless communications provider’s stock worth $1,503,000 after acquiring an additional 183 shares during the last quarter. Finally, Dakota Wealth Management grew its position in shares of T-Mobile US by 10.1% in the fourth quarter. Dakota Wealth Management now owns 42,020 shares of the Wireless communications provider’s stock valued at $9,275,000 after purchasing an additional 3,851 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Activity

In related news, Director Andre Almeida acquired 3,808 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the acquisition, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Nestor Cano sold 11,100 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $1,015,300. This represents a 71.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 144,200 shares of company stock valued at $32,736,303 over the last quarter. 0.67% of the stock is owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $216.04 on Friday. The firm has a 50 day simple moving average of $227.70 and a 200 day simple moving average of $211.31. The company has a market cap of $250.71 billion, a price-to-earnings ratio of 24.63, a PEG ratio of 1.09 and a beta of 0.56. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. 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 released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. T-Mobile US’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $1.82 EPS. Research analysts predict that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal 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 issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

Analysts Set New Price Targets

TMUS has been the subject of several recent research reports. Wells Fargo & Company downgraded T-Mobile US from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $240.00 to $220.00 in a research note on Monday, January 6th. Barclays upped their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Citigroup lifted their price objective on shares of T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Scotiabank increased their target price on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Finally, Tigress Financial lifted their price target on shares of T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Seven research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.74.

T-Mobile US Company 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.