Richard W. Paul & Associates LLC Lowers Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Richard W. Paul & Associates LLC decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.1% in the 4th quarter, Holdings Channel reports. The firm owned 1,589 shares of the Wireless communications provider’s stock after selling 68 shares during the period. Richard W. Paul & Associates LLC’s holdings in T-Mobile US were worth $351,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of TMUS. FMR LLC grew its stake in T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after buying an additional 1,522,394 shares in the last quarter. Barclays PLC raised its position in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of T-Mobile US by 31,353.2% during the 4th quarter. Proficio Capital Partners LLC now owns 635,040 shares of the Wireless communications provider’s stock worth $140,172,000 after acquiring an additional 633,021 shares during the last quarter. Wellington Management Group LLP grew its position in 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 worth $3,203,642,000 after acquiring an additional 602,786 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in 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 last quarter. 42.49% of the stock is currently owned by institutional investors.

Insider Activity at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction 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 sale, the director now owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andre Almeida purchased 3,808 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares in the company, valued at $897,621.76. This represents a ? increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Up 2.1 %

Shares of T-Mobile US stock opened at $269.69 on Friday. The company’s fifty day simple moving average is $235.52 and its two-hundred day simple moving average is $223.80. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $273.40. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The company has a market cap of $307.92 billion, a P/E ratio of 27.89, a PEG ratio of 1.55 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, 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%. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s payout ratio is presently 36.40%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TMUS. Sanford C. Bernstein assumed coverage on T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective on the stock. Oppenheimer increased their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Bank of America boosted their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. upped their price target 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. Finally, KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a report on Thursday, December 12th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $251.79.

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.