Banco Santander S.A. Sells 202 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Banco Santander S.A. lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 109,906 shares of the Wireless communications provider’s stock after selling 202 shares during the period. Banco Santander S.A.’s holdings in T-Mobile US were worth $24,260,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dunhill Financial LLC increased its position in T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 56 shares in the last quarter. Financial Life Planners bought a new position in T-Mobile US during the 4th quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new position in T-Mobile US during the 3rd quarter valued at approximately $34,000. Bruce G. Allen Investments LLC increased its position in T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 73 shares in the last quarter. Finally, Planning Capital Management Corp increased its position in 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 valued at $36,000 after buying an additional 101 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

TMUS stock opened at $265.24 on Friday. The company has a market cap of $302.84 billion, a P/E ratio of 27.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The stock’s fifty day moving average price is $239.80 and its 200-day moving average price is $226.21. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its earnings results 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 18.09% and a net margin of 13.93%. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Analysts Set New Price Targets

A number of research firms recently weighed in on TMUS. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Hsbc Global Res downgraded T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Scotiabank increased their target price on T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a research note on Monday, March 3rd. Finally, Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Nine equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.10.

Insider Activity at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andre Almeida bought 3,808 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now directly owns 3,808 shares of the company’s stock, valued at $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is owned by company insiders.

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.