Koshinski Asset Management Inc. Has $728,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Koshinski Asset Management Inc. lessened its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 59.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,299 shares of the Wireless communications provider’s stock after selling 4,784 shares during the quarter. Koshinski Asset Management Inc.’s holdings in T-Mobile US were worth $728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. DT Investment Partners LLC boosted its stake in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares in the last quarter. Dunhill Financial LLC boosted its stake in T-Mobile US by 76.7% in 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. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% in the 3rd 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 in the last quarter. Legacy Investment Solutions LLC acquired a new stake in T-Mobile US in the 3rd quarter valued at $34,000. Finally, Planning Capital Management Corp boosted its stake in T-Mobile US by 134.7% in 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 and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on TMUS. Oppenheimer boosted their price target on T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Wells Fargo & Company downgraded T-Mobile US from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $240.00 to $220.00 in a research report on Monday, January 6th. Raymond James downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research report on Thursday, December 12th. Finally, Morgan Stanley began coverage on T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price objective for the company. Seven analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $245.74.

T-Mobile US Stock Down 0.6 %

TMUS stock opened at $218.18 on Thursday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The stock has a market capitalization of $253.20 billion, a P/E ratio of 24.88, a P/E/G ratio of 1.09 and a beta of 0.56. The business has a 50-day moving average of $228.16 and a 200-day moving average of $211.26. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company posted $1.82 earnings per share. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. T-Mobile US’s payout ratio is 40.14%.

Insider Activity

In other news, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now directly owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. This trade represents a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 164,200 shares of company stock valued at $37,407,303 over the last three months. Insiders own 0.67% of the company’s stock.

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.