T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Reaves W H & Co. Inc.

Reaves W H & Co. Inc. lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 311,803 shares of the Wireless communications provider’s stock after selling 4,086 shares during the quarter. T-Mobile US comprises about 1.8% of Reaves W H & Co. Inc.’s investment portfolio, making the stock its 27th biggest position. Reaves W H & Co. Inc.’s holdings in T-Mobile US were worth $68,824,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its holdings in shares of T-Mobile US by 34.7% during the third quarter. Farther Finance Advisors LLC now owns 3,778 shares of the Wireless communications provider’s stock worth $780,000 after purchasing an additional 974 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of T-Mobile US by 146.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 158,744 shares of the Wireless communications provider’s stock worth $32,758,000 after purchasing an additional 94,242 shares during the last quarter. Roman Butler Fullerton & Co. boosted its holdings in shares of T-Mobile US by 13.9% during the third quarter. Roman Butler Fullerton & Co. now owns 3,048 shares of the Wireless communications provider’s stock worth $662,000 after purchasing an additional 372 shares during the last quarter. Intact Investment Management Inc. boosted its holdings in shares of T-Mobile US by 7.0% during the third quarter. Intact Investment Management Inc. now owns 5,340 shares of the Wireless communications provider’s stock worth $1,102,000 after purchasing an additional 350 shares during the last quarter. Finally, National Pension Service boosted its holdings in shares of T-Mobile US by 12.6% during the third quarter. National Pension Service now owns 1,231,751 shares of the Wireless communications provider’s stock worth $254,184,000 after purchasing an additional 137,527 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 1.2 %

Shares of T-Mobile US stock opened at $272.83 on Tuesday. The business has a 50-day moving average of $236.54 and a 200-day moving average of $224.74. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company has a market capitalization of $311.50 billion, a PE ratio of 28.21, a P/E/G ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced 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 return on equity of 18.09% and a net margin of 13.93%. As a group, equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS 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. Stockholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.29%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insider Activity

In related news, Director Andre Almeida bought 3,808 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, the director now owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TMUS shares. Scotiabank raised their price objective on T-Mobile US from $247.00 to $275.00 and gave the stock a “sector perform” rating in a report on Monday. Morgan Stanley started coverage on T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. 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 report on Monday, February 3rd. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. 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 report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.26.

T-Mobile US Company 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.