AMG National Trust Bank Has $1.72 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

AMG National Trust Bank reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 55.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,451 shares of the Wireless communications provider's stock after selling 8,157 shares during the period. AMG National Trust Bank's holdings in T-Mobile US were worth $1,721,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Proficio Capital Partners LLC increased its stake in T-Mobile US by 42.5% in the fourth quarter. Proficio Capital Partners LLC now owns 2,877 shares of the Wireless communications provider's stock valued at $635,000 after purchasing an additional 858 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in shares of T-Mobile US during the fourth quarter worth $2,207,000. Harbour Investments Inc. increased its position in shares of 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 acquiring an additional 94 shares in the last quarter. Douglass Winthrop Advisors LLC bought a new stake in shares of T-Mobile US during the fourth quarter worth $581,000. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of T-Mobile US by 8.6% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,752 shares of the Wireless communications provider's stock worth $387,000 after acquiring an additional 139 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TMUS has been the subject of several analyst reports. Morgan Stanley lifted their price objective on shares of T-Mobile US from $265.00 to $280.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Benchmark reaffirmed a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. KeyCorp reaffirmed an "underweight" rating and set a $200.00 price target on shares of T-Mobile US in a report on Wednesday, July 9th. Bank of America began coverage on shares of T-Mobile US in a report on Monday, July 7th. They set a "neutral" rating and a $255.00 target price on the stock. Finally, Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $255.12.

T-Mobile US Stock Performance

T-Mobile US stock traded down $1.80 during mid-day trading on Wednesday, reaching $231.45. 1,253,356 shares of the company were exchanged, compared to its average volume of 4,089,471. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49. The firm's 50-day simple moving average is $235.29 and its two-hundred day simple moving average is $244.04. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. The firm has a market cap of $262.80 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 1.29 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. T-Mobile US's revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.00 earnings per share. Equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th 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 1.52%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's payout ratio is 34.34%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $232.58, for a total transaction of $16,243,387.20. Following the completion of the transaction, the director directly owned 646,962,444 shares of the company's stock, valued at approximately $150,470,525,225.52. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 1,256,670 shares of company stock worth $288,999,139 over the last 90 days. 0.37% of the stock is currently owned by insiders.

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.