T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Lincoln Capital Corp

Lincoln Capital Corp lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 20.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,241 shares of the Wireless communications provider's stock after selling 6,292 shares during the quarter. T-Mobile US accounts for 2.8% of Lincoln Capital Corp's holdings, making the stock its 10th biggest position. Lincoln Capital Corp's holdings in T-Mobile US were worth $6,732,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in TMUS. Godsey & Gibb Inc. grew its stake in T-Mobile US by 139.5% in the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock valued at $27,000 after buying an additional 60 shares during the last quarter. Rakuten Securities Inc. boosted its holdings in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares during the period. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the fourth quarter valued at approximately $28,000. Adirondack Trust Co. increased its stake in shares of T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after purchasing an additional 110 shares during the period. Finally, City Holding Co. increased its stake in shares of T-Mobile US by 45.3% during the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock worth $37,000 after purchasing an additional 43 shares during the period. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

TMUS stock traded up $3.25 during trading on Tuesday, hitting $241.51. The stock had a trading volume of 4,536,378 shares, compared to its average volume of 4,090,797. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49. The company's 50-day moving average price is $239.70 and its two-hundred day moving average price is $242.97. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. The stock has a market capitalization of $274.22 billion, a P/E ratio of 23.56, a PEG ratio of 1.30 and a beta of 0.64.

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 (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The firm's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.00 EPS. As a group, research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is presently 34.34%.

Analyst Ratings Changes

A number of research analysts recently commented on TMUS shares. Tigress Financial lifted their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their price objective for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. JPMorgan Chase & Co. raised their price objective on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. Hsbc Global Res downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Finally, HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a report on Wednesday, March 5th. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $237.61, for a total value of $16,594,682.40. Following the completion of the sale, the director owned 647,940,204 shares in the company, valued at approximately $153,957,071,872.44. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 558,720 shares of company stock worth $127,841,422. 0.37% of the stock is owned by insiders.

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.