Securian Asset Management Inc. Sells 908 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Securian Asset Management Inc. reduced its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,195 shares of the Wireless communications provider’s stock after selling 908 shares during the quarter. Securian Asset Management Inc.’s holdings in T-Mobile US were worth $5,782,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in shares of T-Mobile US by 4.3% in the 4th quarter. Farther Finance Advisors LLC now owns 3,942 shares of the Wireless communications provider’s stock valued at $870,000 after acquiring an additional 164 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of T-Mobile US by 24.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,519 shares of the Wireless communications provider’s stock valued at $335,000 after acquiring an additional 298 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of T-Mobile US by 2.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 14,653 shares of the Wireless communications provider’s stock valued at $3,234,000 after acquiring an additional 398 shares during the last quarter. Moors & Cabot Inc. increased its stake in shares of T-Mobile US by 1.5% in the 4th quarter. Moors & Cabot Inc. now owns 3,691 shares of the Wireless communications provider’s stock valued at $815,000 after acquiring an additional 53 shares during the last quarter. Finally, Natural Investments LLC bought a new stake in shares of T-Mobile US in the 4th quarter valued at about $723,000. 42.49% of the stock is owned by institutional investors.

T-Mobile US Trading Down 3.7 %

NASDAQ TMUS opened at $256.67 on Wednesday. The company has a market cap of $293.05 billion, a PE ratio of 26.54, a PEG ratio of 1.55 and a beta of 0.64. 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 $276.49. The stock has a 50 day moving average of $241.44 and a 200-day moving average of $227.54.

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, 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%. On average, 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 firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is 36.40%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Finally, Bank of America increased their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Nine equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $254.10.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the 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 transaction, the director now owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The disclosure for this sale can be found here. 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.