JSF Financial LLC Sells 291 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

JSF Financial LLC lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.7% during the first quarter, HoldingsChannel.com reports. The fund owned 4,771 shares of the Wireless communications provider’s stock after selling 291 shares during the period. JSF Financial LLC’s holdings in T-Mobile US were worth $1,272,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. GAMMA Investing LLC grew its position in T-Mobile US by 29,289.4% in the first quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider’s stock valued at $814,416,000 after acquiring an additional 3,043,173 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of T-Mobile US by 85.5% during the fourth quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider’s stock worth $1,329,919,000 after purchasing an additional 2,777,657 shares during the last quarter. Capital International Investors grew its holdings in shares of T-Mobile US by 36.2% during the fourth quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider’s stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of T-Mobile US by 38.8% during the fourth quarter. Deutsche Bank AG now owns 3,465,534 shares of the Wireless communications provider’s stock worth $764,947,000 after purchasing an additional 968,444 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of T-Mobile US by 13.8% during the fourth quarter. Northern Trust Corp now owns 5,325,541 shares of the Wireless communications provider’s stock worth $1,175,507,000 after purchasing an additional 645,892 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $238.19 on Tuesday. T-Mobile US, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. The business’s 50 day moving average price is $235.07 and its two-hundred day moving average price is $245.04. The firm has a market cap of $268.06 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 1.33 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%. The firm had revenue of $21.13 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same period in the previous year, the firm earned $2.49 earnings per share. The company’s revenue was up 6.9% compared to the same quarter last year. On average, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.48%. The ex-dividend date is Friday, August 29th. T-Mobile US’s dividend payout ratio (DPR) is presently 33.21%.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the transaction, the director directly owned 647,660,844 shares of the company’s stock, valued at $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 1,333,510 shares of company stock valued at $306,996,018 over the last quarter. 0.37% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on TMUS shares. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $270.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Rothschild & Co Redburn upgraded T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target on the stock in a report on Monday, July 7th. Tigress Financial boosted their price target on T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Morgan Stanley boosted their price target on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Finally, Arete Research upgraded T-Mobile US to a “strong-buy” rating in a report on Tuesday, July 8th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $256.31.

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.