T-Mobile US, Inc. (NASDAQ:TMUS) Stock Position Decreased by D.A. Davidson & CO.

D.A. Davidson & CO. lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,574 shares of the Wireless communications provider’s stock after selling 668 shares during the period. D.A. Davidson & CO.’s holdings in T-Mobile US were worth $7,852,000 at the end of the most recent reporting period.

Other institutional 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 boosted its stake 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 purchasing an additional 56 shares during the period. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 77 shares during the period. Financial Life Planners acquired a new position in T-Mobile US during the 4th quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC acquired a new position in T-Mobile US during the 3rd quarter valued at about $34,000. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TMUS. TD Cowen boosted their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. UBS Group boosted their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Barclays upped their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Wells Fargo & Company upped their price target on shares of T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 30th. Finally, Daiwa America raised shares of T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Stock Down 2.8 %

TMUS stock opened at $263.21 on Wednesday. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41. The company’s 50 day simple moving average is $228.50 and its 200-day simple moving average is $219.52. 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 firm has a market capitalization of $300.52 billion, a P/E ratio of 27.22, a P/E/G ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.34%. T-Mobile US’s dividend payout ratio is currently 36.40%.

Insider Activity

In other news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total transaction of $246,000.00. Following the sale, the director now owns 4,021 shares in the company, valued at $989,166. The trade was a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction that occurred 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 owns 5,653 shares in the company, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,100 shares of company stock worth $747,378 over the last 90 days. 0.67% of the stock is owned by company insiders.

T-Mobile US 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.