O Shaughnessy Asset Management LLC Decreases Position in T-Mobile US, Inc. (NASDAQ:TMUS)

O Shaughnessy Asset Management LLC reduced its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 18.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,197 shares of the Wireless communications provider’s stock after selling 37,097 shares during the period. O Shaughnessy Asset Management LLC’s holdings in T-Mobile US were worth $35,360,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. IPG Investment Advisors LLC acquired a new stake in T-Mobile US during the 4th quarter worth $988,000. Summit Securities Group LLC purchased a new position in shares of T-Mobile US in the fourth quarter worth about $161,000. Schroder Investment Management Group boosted its holdings in shares of T-Mobile US by 4.6% during the 4th quarter. Schroder Investment Management Group now owns 691,910 shares of the Wireless communications provider’s stock worth $152,677,000 after purchasing an additional 30,221 shares during the last quarter. L & S Advisors Inc grew its holdings in T-Mobile US by 7.4% in the 4th quarter. L & S Advisors Inc now owns 6,932 shares of the Wireless communications provider’s stock valued at $1,530,000 after buying an additional 477 shares in the last quarter. Finally, Allianz SE acquired a new stake in T-Mobile US during the fourth quarter worth about $11,228,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

T-Mobile US stock opened at $264.93 on Friday. The company has a market cap of $302.48 billion, a P/E ratio of 27.40, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a one year low of $159.14 and a one year high of $276.49. The business has a fifty day moving average of $252.92 and a two-hundred day moving average of $232.89. 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 released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 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%. As a group, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal 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 paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. UBS Group cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st. Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. Citigroup lowered T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price on the stock. in a research report on Friday, March 14th. Finally, Royal Bank of Canada upped their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a report on Friday, March 21st. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and an average price target of $256.80.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.67% of the company’s stock.

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.