Arkadios Wealth Advisors cut its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 15.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,204 shares of the Wireless communications provider’s stock after selling 1,167 shares during the quarter. Arkadios Wealth Advisors’ holdings in T-Mobile US were worth $1,369,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of TMUS. DT Investment Partners LLC increased its stake in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares in the last quarter. Dunhill Financial LLC boosted its holdings in shares of T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after buying an additional 56 shares during the period. MFA Wealth Advisors LLC increased its position in shares of T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US in the 3rd quarter valued at approximately $34,000. Finally, Planning Capital Management Corp boosted its stake in T-Mobile US by 134.7% in the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 101 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
TMUS has been the topic of several recent analyst reports. Wells Fargo & Company downgraded shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $240.00 to $220.00 in a research note on Monday, January 6th. Citigroup upped their price target on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Barclays raised their price objective on T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Finally, Raymond James downgraded shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Seven analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.
T-Mobile US Stock Up 1.5 %
Shares of TMUS opened at $218.97 on Monday. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The company has a 50-day moving average price of $228.93 and a two-hundred day moving average price of $210.47. The stock has a market cap of $254.11 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.05 and a beta of 0.56. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the previous year, the firm earned $1.82 EPS. T-Mobile US’s quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts predict that T-Mobile US, Inc. will post 9.31 EPS for the current fiscal year.
T-Mobile US Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.
Insider Activity at T-Mobile US
In other T-Mobile US news, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the transaction, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. The trade was a 7.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Peter Osvaldik sold 20,000 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $233.55, for a total value of $4,671,000.00. Following the sale, the chief financial officer now owns 61,307 shares in the company, valued at $14,318,249.85. The trade was a 24.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 164,200 shares of company stock valued at $37,407,303 in the last ninety days. Insiders own 0.67% of the company’s stock.
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.
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