T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 32.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,889 shares of the Wireless communications provider's stock after selling 1,416 shares during the period. Kintegral Advisory LLC's holdings in T-Mobile US were worth $771,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Avantax Advisory Services Inc. grew its stake in shares of T-Mobile US by 5.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider's stock valued at $8,272,000 after purchasing an additional 1,859 shares during the period. Burling Wealth Partners LLC acquired a new position in T-Mobile US during the 4th quarter worth $2,539,000. Mizuho Securities USA LLC lifted its stake in shares of T-Mobile US by 45.4% in the 4th quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider's stock valued at $10,197,000 after purchasing an additional 14,418 shares during the period. GC Wealth Management RIA LLC lifted its stake in shares of T-Mobile US by 14.3% in the 4th quarter. GC Wealth Management RIA LLC now owns 12,703 shares of the Wireless communications provider's stock valued at $2,804,000 after purchasing an additional 1,592 shares during the period. Finally, Advisor Resource Council acquired a new position in shares of T-Mobile US in the 1st quarter valued at $463,000. 42.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $237.89, for a total transaction of $16,614,237.60. Following the completion of the sale, the director directly owned 647,800,524 shares in the company, valued at approximately $154,105,266,654.36. The trade was a 0.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 628,560 shares of company stock valued at $144,455,659. 0.37% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TMUS shares. JPMorgan Chase & Co. upped their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research report on Tuesday, March 18th. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research note on Friday, March 14th. UBS Group downgraded shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Royal Bank Of Canada raised their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Friday, March 21st. Finally, Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their target price for the stock from $275.00 to $277.50 in a report on Wednesday, April 30th. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Stock Performance

TMUS stock traded up $2.89 during midday trading on Friday, reaching $240.31. 1,998,845 shares of the company's stock traded hands, compared to its average volume of 4,099,274. The stock's 50-day moving average is $238.63 and its 200 day moving average is $243.29. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The stock has a market cap of $272.86 billion, a P/E ratio of 23.44, a PEG ratio of 1.32 and a beta of 0.62. T-Mobile US, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $20.67 billion. During the same quarter in the prior year, the business earned $2.00 earnings per share. T-Mobile US's revenue for the quarter was up 6.6% on a year-over-year basis. As a group, analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is currently 34.34%.

About T-Mobile US

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.