T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by AMG National Trust Bank

AMG National Trust Bank lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 55.8% in 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 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Burling Wealth Partners LLC bought a new stake in T-Mobile US during the fourth quarter worth $2,539,000. Mizuho Securities USA LLC lifted its holdings in T-Mobile US by 45.4% during the fourth quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider's stock worth $10,197,000 after acquiring an additional 14,418 shares during the period. Advisor Resource Council bought a new stake in T-Mobile US during the first quarter worth $463,000. Westpac Banking Corp lifted its holdings in T-Mobile US by 25.4% during the fourth quarter. Westpac Banking Corp now owns 10,439 shares of the Wireless communications provider's stock worth $2,304,000 after acquiring an additional 2,113 shares during the period. Finally, Main Street Research LLC lifted its holdings in T-Mobile US by 1.0% during the first quarter. Main Street Research LLC now owns 177,902 shares of the Wireless communications provider's stock worth $47,448,000 after acquiring an additional 1,788 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Morgan Stanley boosted their target price on T-Mobile US from $265.00 to $280.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. Wall Street Zen cut T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Redburn Atlantic upgraded T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price for the company in a research report on Monday, July 7th. Finally, Bank of America began coverage on T-Mobile US in a research note on Monday, July 7th. They set a "neutral" rating and a $255.00 price target for the company. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $255.12.

T-Mobile US Stock Up 0.3%

NASDAQ:TMUS traded up $0.63 during mid-day trading on Tuesday, hitting $233.25. 1,825,350 shares of the company's stock traded hands, compared to its average volume of 4,093,187. The company has a fifty day moving average of $235.29 and a 200 day moving average of $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 company has a market capitalization of $264.84 billion, a P/E ratio of 22.79, a P/E/G ratio of 1.26 and a beta of 0.62. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating 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 the consensus estimate of $20.67 billion. During the same quarter last year, the business posted $2.00 earnings per share. The business's quarterly revenue was up 6.6% compared to the same quarter last year. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's payout ratio is currently 34.34%.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm'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 value of $16,243,387.20. Following the completion of the sale, the director directly owned 646,962,444 shares of the company's stock, valued at $150,470,525,225.52. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders sold 1,256,670 shares of company stock valued at $288,999,139. 0.37% of the stock is currently owned by insiders.

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.