T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC reduced its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 8.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,390 shares of the Wireless communications provider’s stock after selling 297 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in T-Mobile US were worth $904,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Proficio Capital Partners LLC lifted its position in T-Mobile US by 42.5% during the 4th quarter. Proficio Capital Partners LLC now owns 2,877 shares of the Wireless communications provider’s stock worth $635,000 after acquiring an additional 858 shares during the period. Madison Investment Advisors LLC acquired a new position in T-Mobile US during the fourth quarter worth $2,207,000. Harbour Investments Inc. raised its holdings in T-Mobile US by 10.3% during the fourth quarter. Harbour Investments Inc. now owns 1,009 shares of the Wireless communications provider’s stock worth $223,000 after purchasing an additional 94 shares during the last quarter. Evoke Wealth LLC raised its holdings in T-Mobile US by 3.2% during the fourth quarter. Evoke Wealth LLC now owns 1,561 shares of the Wireless communications provider’s stock worth $345,000 after purchasing an additional 48 shares during the last quarter. Finally, Vinva Investment Management Ltd raised its holdings in T-Mobile US by 186.6% during the fourth quarter. Vinva Investment Management Ltd now owns 17,393 shares of the Wireless communications provider’s stock worth $3,838,000 after purchasing an additional 11,325 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $228.28, for a total value of $15,943,075.20. Following the completion of the sale, the director directly owned 647,171,964 shares of the company’s stock, valued at $147,736,415,941.92. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 1,116,990 shares of company stock valued at $256,892,992 over the last three months. 0.37% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TMUS shares. Bank of America started coverage on T-Mobile US in a report on Monday, July 7th. They set a “neutral” rating and a $255.00 price objective for the company. Royal Bank Of Canada raised their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a research report on Friday, March 21st. Rothschild & Co Redburn raised T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target for the company in a research report on Monday, July 7th. Tigress Financial lifted their price objective on T-Mobile US from $290.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, April 29th. Finally, Redburn Atlantic raised T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price objective for the company in a research report on Monday, July 7th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $252.61.

T-Mobile US Stock Up 0.4%

Shares of NASDAQ:TMUS traded up $0.86 during trading on Friday, hitting $227.89. The company’s stock had a trading volume of 692,715 shares, compared to its average volume of 4,082,769. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49. The stock’s 50-day moving average price is $235.62 and its two-hundred day moving average price is $243.67. The company has a market capitalization of $258.75 billion, a PE ratio of 22.23, a PEG ratio of 1.27 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The business had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.67 billion. During the same quarter in the previous year, the firm posted $2.00 earnings per share. The company’s revenue was up 6.6% compared to the same quarter last year. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.54%. The ex-dividend date is Friday, August 29th. T-Mobile US’s dividend payout ratio is currently 34.34%.

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.