T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 42.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 265,335 shares of the Wireless communications provider's stock after selling 194,239 shares during the period. Barrow Hanley Mewhinney & Strauss LLC's holdings in T-Mobile US were worth $58,567,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Rakuten Securities Inc. grew its stake in T-Mobile US by 93.9% in 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 in the last quarter. CoreFirst Bank & Trust bought a new stake in T-Mobile US during the 4th quarter valued at $28,000. Financial Life Planners bought a new position in shares of T-Mobile US during the 4th quarter worth $29,000. Albion Financial Group UT bought a new position in shares of T-Mobile US during the 4th quarter worth $39,000. Finally, DT Investment Partners LLC raised its holdings in shares of T-Mobile US by 58.8% in the fourth quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider's stock valued at $42,000 after acquiring an additional 70 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded up $2.06 during midday trading on Friday, reaching $242.88. The company's stock had a trading volume of 4,173,920 shares, compared to its average volume of 4,248,612. The firm has a market capitalization of $275.78 billion, a PE ratio of 25.12, a P/E/G ratio of 1.55 and a beta of 0.69. T-Mobile US, Inc. has a twelve month low of $165.37 and a twelve month high of $276.49. The stock has a fifty day moving average of $252.32 and a 200 day moving average of $243.77. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The company's revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $2.00 EPS. On average, equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

Insider Buying and Selling

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on TMUS shares. Bank of America increased their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Tigress Financial boosted their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. Wall Street Zen cut T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a research report on Friday, March 14th. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

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.