T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Connable Office Inc.

Connable Office Inc. decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,144 shares of the Wireless communications provider’s stock after selling 243 shares during the period. Connable Office Inc.’s holdings in T-Mobile US were worth $3,122,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. JSF Financial LLC boosted its stake in T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after purchasing an additional 44 shares during the period. KPP Advisory Services LLC boosted its stake in T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after purchasing an additional 45 shares during the period. D Orazio & Associates Inc. boosted its stake in T-Mobile US by 3.7% during the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after purchasing an additional 47 shares during the period. Warren Street Wealth Advisors LLC boosted its stake in T-Mobile US by 4.3% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after purchasing an additional 47 shares during the period. Finally, Relyea Zuckerberg Hanson LLC boosted its stake in T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock worth $284,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Andre Almeida purchased 3,808 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the purchase, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the sale, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TMUS. KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target for the company. in a research note on Thursday, December 12th. Oppenheimer raised their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price for the company. Morgan Stanley assumed coverage on shares of T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price for the company. Finally, Tigress Financial restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $269.69 on Friday. 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 firm has a 50-day moving average price of $235.52 and a two-hundred day moving average price of $223.80. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $273.40. The company 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.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate 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, research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.31%. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.

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.