Davidson Investment Advisors Trims Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Davidson Investment Advisors reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 19.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,696 shares of the Wireless communications provider's stock after selling 24,230 shares during the quarter. T-Mobile US makes up approximately 1.3% of Davidson Investment Advisors' investment portfolio, making the stock its 22nd largest position. Davidson Investment Advisors' holdings in T-Mobile US were worth $26,323,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Security National Bank of SO Dak raised its stake in shares of T-Mobile US by 9.7% in the 1st quarter. Security National Bank of SO Dak now owns 1,036 shares of the Wireless communications provider's stock valued at $276,000 after acquiring an additional 92 shares during the period. Financial Counselors Inc. boosted its position in shares of T-Mobile US by 40.3% during the 1st quarter. Financial Counselors Inc. now owns 1,622 shares of the Wireless communications provider's stock worth $433,000 after purchasing an additional 466 shares during the period. Callan Capital LLC increased its holdings in T-Mobile US by 9.8% in the 1st quarter. Callan Capital LLC now owns 3,070 shares of the Wireless communications provider's stock valued at $819,000 after purchasing an additional 274 shares during the last quarter. Drake & Associates LLC raised its holdings in shares of T-Mobile US by 19.6% in the 1st quarter. Drake & Associates LLC now owns 7,587 shares of the Wireless communications provider's stock valued at $2,024,000 after buying an additional 1,242 shares during the period. Finally, Penserra Capital Management LLC raised its holdings in shares of T-Mobile US by 31.4% in the 1st quarter. Penserra Capital Management LLC now owns 6,561 shares of the Wireless communications provider's stock valued at $1,748,000 after buying an additional 1,568 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $237.89, for a total transaction of $16,614,237.60. Following the transaction, the director owned 647,800,524 shares in the company, valued at $154,105,266,654.36. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 628,560 shares of company stock valued at $144,455,659. 0.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TMUS has been the topic of several research analyst reports. Royal Bank Of Canada boosted their price objective on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Benchmark reiterated a "buy" rating and set a $275.00 target price on shares of T-Mobile US in a report on Thursday, March 27th. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a research note on Friday, March 14th. Rothschild & Co Redburn upgraded T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a research note on Monday. Finally, JPMorgan Chase & Co. lifted their target price on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Fourteen equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $254.98.

T-Mobile US Stock Down 1.3%

TMUS stock traded down $3.12 during midday trading on Monday, reaching $237.63. 2,957,849 shares of the company were exchanged, compared to its average volume of 4,094,707. The company has a market cap of $269.81 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 1.32 and a beta of 0.62. 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 1-year low of $173.74 and a 1-year high of $276.49. The stock's 50-day simple moving average is $238.63 and its 200 day simple moving average is $243.47.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced 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 net margin of 14.41% and a return on equity of 19.09%. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. During the same period last year, the business earned $2.00 EPS. T-Mobile US's revenue for the quarter was up 6.6% compared to the same quarter last year. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

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 given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is currently 34.34%.

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.