Mutual Advisors LLC Has $1.55 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Mutual Advisors LLC trimmed its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 35.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,817 shares of the Wireless communications provider's stock after selling 3,182 shares during the quarter. Mutual Advisors LLC's holdings in T-Mobile US were worth $1,551,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Godsey & Gibb Inc. lifted its holdings in shares of T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock valued at $27,000 after purchasing an additional 60 shares in the last quarter. Rakuten Securities Inc. boosted its position in T-Mobile US by 93.9% during the 4th 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 purchased a new position in T-Mobile US during the 4th quarter valued at about $28,000. City Holding Co. increased its holdings in shares of T-Mobile US by 45.3% in the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after purchasing an additional 43 shares during the period. Finally, Adirondack Trust Co. lifted its position in shares of T-Mobile US by 366.7% in 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 in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TMUS has been the topic of several research reports. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their price objective for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Royal Bank Of Canada upped their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research note on Friday, March 21st. Benchmark reissued a "buy" rating and set a $275.00 price objective on shares of T-Mobile US in a research report on Thursday, March 27th. Tigress Financial upped their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. lifted their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US currently has an average rating of "Moderate Buy" and an average target price 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 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 value of $16,614,237.60. Following the completion of the sale, the director owned 647,800,524 shares in the company, valued at approximately $154,105,266,654.36. This trade represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 628,560 shares of company stock worth $144,455,659 in the last 90 days. Insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS traded up $2.89 during mid-day trading on Friday, hitting $240.31. The company's stock had a trading volume of 1,998,845 shares, compared to its average volume of 4,095,903. The stock's 50-day moving average is $238.63 and its two-hundred day moving average is $243.13. The firm has a market capitalization of $272.86 billion, a PE ratio of 23.44, 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 one year low of $173.74 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating 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 the consensus estimate of $20.67 billion. During the same period in the prior year, the firm earned $2.00 EPS. The business's revenue was up 6.6% on a year-over-year basis. As a group, sell-side analysts anticipate 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. Investors 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 yield of 1.46%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

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.