Nwam LLC Has $466,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Nwam LLC reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 92.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,111 shares of the Wireless communications provider’s stock after selling 25,630 shares during the period. Nwam LLC’s holdings in T-Mobile US were worth $466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TMUS shares. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Benchmark reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday. Oppenheimer upped their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, 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 price objective for the company. 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 MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $251.79.

T-Mobile US Stock Up 2.1 %

TMUS stock opened at $269.69 on Friday. The stock has a market capitalization of $307.92 billion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $273.40. The firm has a 50-day moving average price of $235.52 and a 200-day moving average price of $223.80.

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

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

Insider Activity

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the 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 sale, the director now owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now directly owns 3,808 shares in the company, valued at approximately $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.