T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 36.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 162,661 shares of the Wireless communications provider's stock after selling 91,811 shares during the period. Nisa Investment Advisors LLC's holdings in T-Mobile US were worth $43,383,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Godsey & Gibb Inc. grew its holdings in T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares during the period. Rakuten Securities Inc. raised its position in T-Mobile US by 93.9% in 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 bought a new stake in T-Mobile US in the fourth quarter worth about $28,000. Adirondack Trust Co. raised its position in 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 acquiring an additional 110 shares during the period. Finally, City Holding Co. raised its position in shares of T-Mobile US by 45.3% in the first 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. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on TMUS shares. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Benchmark reissued a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a research report on Thursday, March 27th. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a report on Friday, March 14th. Bank of America started coverage on shares of T-Mobile US in a research note on Monday. They issued a "neutral" rating and a $255.00 price target for the company. Finally, Redburn Atlantic raised shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price objective on the stock in a research report on Monday. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $252.61.

T-Mobile US Price Performance

Shares of TMUS stock traded down $4.16 on Thursday, reaching $228.15. The company's stock had a trading volume of 5,528,099 shares, compared to its average volume of 4,110,066. The stock's fifty day simple moving average is $237.87 and its 200-day simple moving average is $243.50. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49. 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 company has a market capitalization of $259.05 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 1.29 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. T-Mobile US's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.00 earnings per share. Analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 1.54%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $238.08, for a total value of $16,627,507.20. Following the completion of the sale, the director directly owned 647,660,844 shares of the company's stock, valued at $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 698,400 shares of company stock valued at $161,083,166 over the last ninety days. 0.37% of the stock is owned by corporate 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.