Sigma Planning Corp Cuts Stock Position in T-Mobile US, Inc. $TMUS

Key Points

• Sigma Planning Corp cut its stake in T‑Mobile by 58.1% in Q4, selling 6,885 shares and leaving 4,971 shares worth about $1.01 million.
• Analysts hold a consensus of "Moderate Buy" on TMUS with an average price target of $258.83, and several firms (TD Cowen, KeyCorp, Oppenheimer) recently raised ratings/targets toward ~$260.
• Notable insider activity included Andre Almeida buying 5,097 shares (~$1.0M) while director G. Michael Sievert sold 1,089 shares, and the company announced a quarterly dividend of $1.02 per share (2.1% yield; ex‑dividend May 29).

Sigma Planning Corp cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 58.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,971 shares of the Wireless communications provider's stock after selling 6,885 shares during the period. Sigma Planning Corp's holdings in T-Mobile US were worth $1,009,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Activest Wealth Management grew its holdings in shares of T-Mobile US by 741.8% in the fourth quarter. Activest Wealth Management now owns 825 shares of the Wireless communications provider's stock valued at $168,000 after purchasing an additional 727 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in shares of T-Mobile US in the 4th quarter valued at about $80,000. Delta Investment Management LLC grew its position in shares of T-Mobile US by 6.0% during the fourth quarter. Delta Investment Management LLC now owns 3,066 shares of the Wireless communications provider's stock worth $622,000 after buying an additional 174 shares in the last quarter. Turning Point Benefit Group Inc. grew its position in shares of T-Mobile US by 3,825.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider's stock worth $32,000 after buying an additional 153 shares in the last quarter. Finally, Narwhal Capital Management increased its stake in shares of T-Mobile US by 105.8% during the fourth quarter. Narwhal Capital Management now owns 8,766 shares of the Wireless communications provider's stock worth $1,780,000 after buying an additional 4,507 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Wall Street Zen raised shares of T-Mobile US from a "sell" rating to a "hold" rating in a report on Saturday. DZ Bank reaffirmed a "buy" rating on shares of T-Mobile US in a report on Friday, February 13th. TD Cowen raised their target price on shares of T-Mobile US from $252.00 to $261.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. KeyCorp raised shares of T-Mobile US from a "sector weight" rating to an "overweight" rating and set a $260.00 target price on the stock in a report on Monday, April 13th. Finally, Oppenheimer raised shares of T-Mobile US from a "market perform" rating to an "outperform" rating and set a $260.00 target price on the stock in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $258.83.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, insider Andre Almeida bought 5,097 shares of the business's stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $196.18 per share, with a total value of $999,929.46. Following the transaction, the insider owned 44,850 shares of the company's stock, valued at approximately $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director G Michael Sievert sold 1,089 shares of the firm's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total value of $241,594.65. Following the sale, the director directly owned 125,696 shares in the company, valued at $27,885,657.60. This trade represents a 0.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 699,134 shares of company stock worth $151,826,849. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $194.42 on Tuesday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $261.56. The firm has a market capitalization of $210.40 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 1.16 and a beta of 0.33. The stock's 50-day simple moving average is $206.12 and its 200-day simple moving average is $205.09.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same quarter last year, the company earned $2.58 EPS. The business's quarterly revenue was up 10.6% on a year-over-year basis. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.66 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US's dividend payout ratio (DPR) is 43.40%.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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