Kennebec Savings Bank Sells 140 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Kennebec Savings Bank cut its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 50.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139 shares of the Wireless communications provider’s stock after selling 140 shares during the quarter. Kennebec Savings Bank’s holdings in T-Mobile US were worth $30,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. DT Investment Partners LLC grew its holdings 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 worth $25,000 after acquiring an additional 47 shares during the period. Dunhill Financial LLC grew its stake in 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 purchasing an additional 56 shares during the period. MFA Wealth Advisors LLC lifted its stake in 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 buying an additional 77 shares during the period. Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the 3rd quarter worth approximately $34,000. Finally, Planning Capital Management Corp grew its position in shares of T-Mobile US by 134.7% during the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after buying an additional 101 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now owns 5,021 shares in the company, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase 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 T-Mobile US stock opened at $234.37 on Friday. The stock has a market capitalization of $271.98 billion, a price-to-earnings ratio of 24.24, a price-to-earnings-growth ratio of 1.17 and a beta of 0.56. The company has a fifty day moving average of $226.37 and a 200-day moving average of $212.82. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.00% and a net margin of 13.93%. Equities research analysts expect that T-Mobile US, Inc. will post 10.15 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.50%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Analyst Ratings Changes

A number of equities research analysts have commented on TMUS shares. UBS Group raised their price target on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Wells Fargo & Company lifted their price objective on shares of T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday. BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. Morgan Stanley started coverage on shares of T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 price target on the stock. Finally, The Goldman Sachs Group raised their target price 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. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $248.89.

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.