T-Mobile US, Inc. (NASDAQ:TMUS) Holdings Cut by Brown Advisory Inc.

Brown Advisory Inc. lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 3.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 700,613 shares of the Wireless communications provider's stock after selling 22,791 shares during the period. Brown Advisory Inc. owned about 0.06% of T-Mobile US worth $186,861,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. increased its position in T-Mobile US by 49.3% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 28,200 shares of the Wireless communications provider's stock worth $7,521,000 after purchasing an additional 9,314 shares during the period. Security National Bank of SO Dak grew its holdings in shares of T-Mobile US by 9.7% in the 1st quarter. Security National Bank of SO Dak now owns 1,036 shares of the Wireless communications provider's stock worth $276,000 after acquiring an additional 92 shares during the period. Financial Counselors Inc. lifted its stake in T-Mobile US by 40.3% in the 1st quarter. Financial Counselors Inc. now owns 1,622 shares of the Wireless communications provider's stock valued at $433,000 after buying an additional 466 shares in the last quarter. Callan Capital LLC lifted its stake in T-Mobile US by 9.8% in the 1st quarter. Callan Capital LLC now owns 3,070 shares of the Wireless communications provider's stock valued at $819,000 after buying an additional 274 shares in the last quarter. Finally, Drake & Associates LLC lifted its stake in T-Mobile US by 19.6% in the 1st quarter. Drake & Associates LLC now owns 7,587 shares of the Wireless communications provider's stock valued at $2,024,000 after buying an additional 1,242 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Stock Down 0.7%

NASDAQ TMUS traded down $1.66 during trading hours on Tuesday, hitting $235.97. The company had a trading volume of 3,020,835 shares, compared to its average volume of 4,090,433. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49. The company has a market capitalization of $267.93 billion, a price-to-earnings ratio of 23.02, a P/E/G ratio of 1.32 and a beta of 0.62. 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 firm's 50 day moving average is $238.65 and its 200 day moving average is $243.59.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share 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 the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company's revenue was up 6.6% on a year-over-year basis. During the same period last year, the firm earned $2.00 earnings per share. Sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.49%. T-Mobile US's dividend payout ratio (DPR) is 34.34%.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated 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 transaction, the director directly 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 628,560 shares of company stock valued at $144,455,659 in the last three months. 0.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TMUS. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their target price for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a research note on Monday. JPMorgan Chase & Co. upped their target price 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. Tigress Financial upped their target price on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Finally, Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 target price on the stock in a research note on Monday. Fourteen research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $254.98.

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.