Mutual of America Capital Management LLC Sells 1,374 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Mutual of America Capital Management LLC lessened its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,204 shares of the Wireless communications provider’s stock after selling 1,374 shares during the quarter. Mutual of America Capital Management LLC’s holdings in T-Mobile US were worth $15,055,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Wellington Management Group LLP raised its stake in shares of T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after acquiring an additional 602,786 shares in the last quarter. FMR LLC raised its stake in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after acquiring an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after acquiring an additional 590,711 shares in the last quarter. Barclays PLC raised its stake in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after acquiring an additional 876,182 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of T-Mobile US by 2.5% during the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after acquiring an additional 47,350 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS opened at $269.69 on Friday. The company’s fifty day moving average price is $235.52 and its 200 day moving average price is $223.80. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $273.40. The company has a market capitalization of $307.92 billion, a PE ratio of 27.89, 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 quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Royal Bank of Canada reissued a “sector perform” rating on shares of T-Mobile US in a research report on Wednesday. Benchmark reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Morgan Stanley assumed coverage on shares of T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Finally, Barclays boosted their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $251.79.

Insider Buying and Selling

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction on Monday, December 9th. The shares were bought at an average price of $235.72 per share, with a total value 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 trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by 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.